Tvm: Cognizant Technology Solutions (CTS), the US based provider of IT, consulting, and BPO services, today announced its first self owned campus in Kochi, Kerala. A MoU to acquire 15 acres of land in Infopark Phase II was signed today between Anand Bhushan, Sr. Associate General Counsel, Cognizant and Gigo Joseph, CEO, Infopark in Trivandrum in the presence of State Minister for IT & Industries, Shri P K Kunhalikutty. When complete, the new facility will have a built up area of 1.6 million sq. ft and seat 12,000 professionals.
Talking about their expansion plans, Joseph Korah, Centre Head – Kochi, Cognizant said, “We are extremely pleased with our operations in Kochi and this marks the next round of growth in Kerala. Cognizant is pleased to join hands with Infopark as the anchor company for Infopark Phase II. Cognizant presently employs over 1,500 professionals in Kochi, across two facilities – Muthoot Technopolis and Infopark Kochi Phase I.” CTS will develop its campus in phases and in the first phase; the company will invest Rs. 250 crores to build 12.5 lakh sq. ft. space which will seat about 4,000 professionals.
In his remarks, the IT Minister said, “This marks the launch of Infopark Phase II and their presence is definitely a matter of great pride to us. I am sure this will generate considerable employment opportunities and bring in substantial investment to Kerala. The Government will extend all possible support to the companies who want to set shop here.”
As on September 30, 2011, Cognizant has 1,30,000 employees in over 50 delivery centres worldwide. CTS is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.
K S Srinivas IAS, Special Secretary (IT); Alkesh Kumar Sharma, IAS, Secretary (Investment Promotion) and S Ramnath, MD, Kerala Industrial Infrastructure Development Corporation (KINFRA) were also present on the occasion.
Kerala IT News