Cognizant to set up Rs 500 crore facility in Hyderabad

Hyderabad: After Amazon, Google and Apple now its Cognizant Technology Solutions turn to set up a large development centre in Hyderabad. The company has recently signed a deal with the Telangana Government. The IT firm will invest Rs 500 crore to develop a built-up area of 1.5 million square feet. It will house 8,000 employees when the facility is fully operational.

According to a spokesperson, “We are building the campus in an extent of 11 acres in Gachibowli.” “We look forward to bringing the benefits of our global experience and industry-leading growth to the region by way of high-value career and learning opportunities,” he said.