
Cognizant Hyderabad expansion 15000 jobs
Cognizant to Expand in Hyderabad, Create 15,000 Jobs
Hyderabad: Cognizant has announced ambitious expansion plans in Hyderabad, including the establishment of a new million-square-foot facility expected to create 15,000 new jobs. This significant development marks the first major deal between the Telangana government and Cognizant, forged during Chief Minister A Revanth Reddy’s recent trip to the United States.
The announcement followed a productive meeting between Revanth Reddy and Cognizant CEO S Ravi Kumar in New York on Sunday. Their discussions underscored Hyderabad’s growing importance as a hub for technology and innovation in India, a sentiment that has been steadily gaining traction on the global stage.
The groundwork for this new partnership was laid during an earlier visit by the state government’s delegation to Davos, led by the chief minister. This strategic engagement has now culminated in a concrete plan to bolster Hyderabad’s tech ecosystem with substantial investment and job creation.
Cognizant’s new centre in Hyderabad will have the capacity to accommodate 20,000 employees. The facility will focus on advanced technologies such as artificial intelligence, machine learning, digital engineering, and cloud solutions. This broad technological scope promises to bring a variety of job opportunities to the region, further cementing Hyderabad’s status as a key player in the tech industry.
In addition to the main centre in Hyderabad, Revanth Reddy proposed that Cognizant consider establishing additional capacity in tier-2 towns across Telangana. Cognizant responded positively to this suggestion, indicating a willingness to explore broader regional development in the state.
“We are excited to expand our presence in Hyderabad, a city that continues to demonstrate its strengths as a technology and innovation hub,” said Cognizant CEO S Ravi Kumar. Revanth Reddy expressed his congratulations to Cognizant on their expansion plans, highlighting the state government’s dedication to creating a supportive environment for IT and business services.
“The expansion of Cognizant’s operations in Hyderabad is a testament to the confidence in the city’s growing reputation as a global destination for technology companies,” said Revanth Reddy. “We are happy to support Cognizant in their growth journey and are looking forward to the positive impact this expansion will have on our economy,” he added.
IT and Industries Minister D Sridhar Babu, Chief Secretary Santhi Kumari, and Special Chief Secretary for IT Jayesh Ranjan accompanied Revanth Reddy on his trip. Sridhar Babu emphasized the importance of this expansion, stating, “Hyderabad’s vibrant tech ecosystem continues to attract leading global companies. Cognizant’s decision to establish a new centre here strengthens our position as a leading IT hub.”
The expansion is poised to significantly benefit Hyderabad’s economy and its tech landscape. The city’s infrastructure and talent pool make it an attractive destination for global IT companies, and Cognizant’s increased presence will further enhance its reputation as a prime location for technological advancement and business growth.
Cognizant’s new facility will not only contribute to job creation but also spur innovation and development in key technological fields. This move is expected to inspire other companies to consider Hyderabad for their expansion plans, driving further economic growth and technological progress in the region.
In conclusion, Cognizant’s expansion in Hyderabad is a significant milestone that underscores the city’s rising prominence in the global tech industry. The partnership between Cognizant and the Telangana government exemplifies a shared vision for a future driven by technological innovation and economic prosperity. As Hyderabad continues to evolve as a tech hub, the positive impacts of such collaborations will resonate across the region, fostering growth and opportunity for years to come.
It will be a great work by CM Revant Reddy for the Telangana Governmentt
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