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Visakhapatnam, Dec 12 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday laid the foundation for a Cognizant IT campus and eight others companies here, entailing a total investment of Rs 3,700 crore.
    Along with IT major Cognizant, these companies are expected to generate about 41,700 jobs.
    "Cognizant is going to invest Rs 1,583 crore to establish the IT campus in Visakhapatnam, which is expected to provide employment to 8,000 people," an official press release said.
    The government has allotted over 21 acres to Cognizant at Kapuluppada IT Hills in the port city, and the firm will construct a world-class Artificial Intelligence (AI) and a digital transformation IT campus in three phases there, it said.
    Until the first phase is completed, Cognizant will operate temporarily from Mahati Fintech Building in Rushikonda IT Park, Hill-2, focusing on AI, machine learning, digital engineering, and cloud solutions.
    IT Minister Nara Lokesh inaugurated the temporary campus, which will accommodate 1,000 employees. Other companies for which the CM laid the foundation stone include Tech Thammina, Satva Developers and Imaginnovate Tech Solutions India.
    Addressing a meeting of Cognizant employees and executives following the foundation stone laying ceremony, the Chief Minister called on the USD 34 billion IT major to expand its workforce to one lakh in Vizag in four to five years and promised to fulfil all its needs.
    "Not just 5,000 employees or 10,000. You should start with 25,000 employees, and go to 50,000 and one lakh to become the biggest centre for Cognizant in India," said Naidu.
    Observing that there is no dearth of talent or leadership in the southern state, the CM noted that 150 IT companies are operating in the port city, which offers 20 per cent lower cost of living when compared with other big cities.
    Highlighting that Vizag is growing fast with IT companies, he reminded that Google is setting up a USD 15 billion data centre there and promised to make the city 'pollution-free' by incorporating the Net Zero concept.
    He promised to make the port city the best livable city in the world, projecting that it will rise to be a USD 130 billion economic region by 2032.
    Underlining that offering land at just Rs 0.99 per acre has turned out to be a game-changer, he recalled that a similar strategy was followed for Tata Motors' Nano car manufacturing plant in Gujarat.
    Naidu said Vizag and Andhra Pradesh will become the address for the future knowledge economy, underscoring that the southern state will also become home to a Quantum Valley, among several other futuristic technologies.
    According to Naidu, Cognizant is interested in coming to India for its public issue. He appreciated the company for starting operations within 11 months of proposing.
    According to the TDP supremo, Andhra Pradesh has attracted Rs 20 lakh crore worth of investments with the potential to create 23 lakh jobs in the past 18 months.
    Naidu asserted that India will emerge as the number one country in the world and Indians most influential by 2047.
    Naidu reiterated that Prime Minister Narendra Modi is the right leader for India at the time, calling his leadership the biggest advantage for the country. Moreover, he said Andhra Pradesh will strive to achieve a growth rate of 15 per cent.

  • Like 1
Posted
10 minutes ago, futureofandhra said:

calling jaffa @ARYA  to come n cry

arya ganidi eppudu nee notla ne untundi ga

Posted
2 hours ago, pushpa1 said:

arya ganidi eppudu nee notla ne untundi ga

hello duplicate

neeku antha ishtam ga vuntey vellu

ah jaffa exposed already

Posted
24 minutes ago, futureofandhra said:

hello duplicate

neeku antha ishtam ga vuntey vellu

ah jaffa exposed already

Hallo useless..Db la andariki telsu ga nuvvu jagga ganidi seeke jaffa ganivi ani.. 

Posted

all this scrap in Vizag and only world top 10 companies in white elephant Amaravati.

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