Cognizant to take a position $183 million for brand new India campus, add 8,000 jobs

Software program providers agency Cognizant Expertise Options will make investments ₹15.82 billion ($182.76 million) to construct a brand new campus within the southern Indian metropolis of Vishakapatanam that may create about 8,000 jobs, the State Authorities introduced on Friday (June 20, 2025).

Industrial operations will start in March 2029, an Andhra Pradesh Authorities press launch stated.

Cognizant didn’t instantly reply to a request for remark.

The announcement comes simply months after India’s prime IT agency, Tata Consultancy Companies, unveiled plans for ₹13.70 billion campus in the identical metropolis, and is anticipated generate 12,000 jobs.

The transfer aligns with Cognizant’s technique to optimise actual property prices. In Could 2023, Chief Govt Ravi Kumar S. stated the corporate would relinquish 11 million sq. ft of workplace house globally, primarily in India’s largest cities, whereas investing in tier-2 Indian cities.

Globally, IT corporations, together with these in India’s $283 billion sector, are taking cost-cutting measures corresponding to monetising actual property property and delaying wage will increase amid demand uncertainty.

Final month, the Teaneck, New Jersey-based firm raised its annual income forecast and beat first-quarter outcomes pushed by elevated demand for AI-powered IT providers.

Cognizant expects 2025 annual income between $20.5 billion and $21.0 billion, in comparison with earlier outlook of the midpoint of $20.30 billion to $20.80 billion.

($1 = 86.5625 Indian rupees)