Mon Dec 01 15:27:58 UTC 2025: Here’s a summary of the text and a rewritten news article:

Summary:

Cognizant is set to establish a major IT campus in Visakhapatnam, India, with a groundbreaking ceremony planned for December 12th. The project represents a ₹1,600 crore investment and is expected to create 8,000-10,000 jobs, especially in AI. The Andhra Pradesh government has allotted 22.19 acres of land for the campus and is offering incentives to attract IT talent. The move is anticipated to significantly boost Visakhapatnam’s IT sector.

News Article:

Cognizant to Launch Major IT Campus in Visakhapatnam, Creating Thousands of AI Jobs

Visakhapatnam, India – December 1, 2025 – Global IT giant Cognizant is preparing to break ground on a new IT campus in Visakhapatnam on December 12th, signaling a major boost for the city’s technology sector. The ₹1,600 crore investment is projected to create between 8,000 and 10,000 jobs, with a particular focus on artificial intelligence-related roles, by 2029.

Officials from the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) confirmed the development, stating that 22.19 acres of land near Kapuluppada have been allocated to Cognizant for the project. The company will initially operate from a temporary office space in Rushikonda before the completion of the first phase of the main campus.

“We have allotted 22.19 acres to Cognizant at ₹0.99 an acre,” said an APIIC official, speaking on condition of anonymity.

The move positions Cognizant among the top 10 multinational IT companies operating in Andhra Pradesh, alongside established players like Infosys and TCS.

Sreedhar Kosaraju, chairperson of the Andhra Pradesh Digital Technology Industry (APDTI) Network, hailed the launch as a catalyst for attracting senior IT talent from across India. The government is further incentivizing this by offering a yearly bonus of ₹1 lakh for three years for new IT employees.

The combined investment from global companies and supportive government policies are expected to make Visakhapatnam a leading destination for IT professionals, transforming the city into a key hub in India’s digital landscape.

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