Visakhapatnam is poised for a significant transformation in the IT sector. The city is steadily emerging as a key technology hub, and the government’s efforts received a major boost as Cognizant confirmed the launch of its operations on December 12. Chief Minister N. Chandrababu Naidu and IT Minister Nara Lokesh will attend the inaugural ceremony, further highlighting the importance of this development.
Cognizant’s AI Technology Center to Drive Growth
Cognizant received 22.19 acres in Kapuluppada to establish a large-scale AI Technology Center with an investment of ₹1,600 crore. The company aims to create 8,000 jobs through this project. Although the full-fledged campus will be ready by 2029, Cognizant will immediately begin operations from the Mahati building on Rushikonda Hill-2. This early start is expected to accelerate the region’s growth momentum.
Additional AI Investments Strengthen Hill-2
Alongside Cognizant, Sritek Tammin will also build an AI Technology Center on Hill-2. The company plans to generate 2,000 jobs, which further enhances Visakhapatnam’s potential as an emerging AI destination.
Sattva Developers to Build Major IT and Data Center Campus
Furthermore, in IT Park Hill-4, Bengaluru-based Sattva Developers will set up the Vantage Vizag Campus, which includes IT space and a modern data center. The government allocated 30 acres to the firm, and it plans to invest ₹1,500 crore to create 25,000 jobs. This project stands out as one of the largest private investments in the region, and it is expected to significantly elevate Visakhapatnam’s IT infrastructure.
Multiple Companies Begin Construction in Kapuluppada
Meanwhile, several other companies—including Imaginotive, Fluentgrid, Motherson Technologies, and Quarks Technosoft—will begin construction of their permanent campuses in the Kapuluppada IT Park. Together, these investments will strengthen Visakhapatnam’s global IT presence and boost the local economy. Officials believe the combined projects will launch a new era of employment and economic expansion for the city.
