Cognizant expands its Kochi operations to Infopark Phase 2
Thiruvananthapuram 07 Feb 2012: Cognizant, a NASDAQ-listed, US-headquartered provider of information technology, consulting, and business process outsourcing services, is expanding its operations in Kerala. The Company signed a memorandum of understanding (MoU) with the Government of Kerala to lease 15 acres of land in Infopark Phase II in the presence of Shri P K Kunhalikutty, Hon’ble Minister for Industries, IT and Urban Affairs. Others present were Gigo Joseph, CEO of Infopark, K. S. Srinivas, Special Secretary IT, Joseph Korah, Head of Cognizant’s Kochi operations, and Anand Bhushan, Senior Associate General Counsel of Cognizant.
When fully completed, Cognizant’s new campus in Infopark Phase II will have a built up area of 1.6 million sq. ft. and the capacity to accommodate around 12,000 professionals. Cognizant will develop the campus in phases. The first phase is being built at a cost of approximately Rs. 250 crore and will consist of a 550,000 sq. ft. software development block, which will accommodate over 4,000 professionals. Cognizant presently has over 1500 professionals working from the first phase of Kochi Infopark.
Shri P. K. Kunhalikutty said, Shri. P. K. Kunhalikutty said, “It was recently that the government has released the ‘Emerging Kerala’ tag line because it is emerging slowly and strongly as the land of opportunities. With big IT names like TCS, Infosys, Wipro, Oracle, HCL, Cognizant and Cap Gemini setting up offices in the State, it is very obvious that Kerala is becoming a hot IT destination and an investment friendly state. Today we are at the brim of the next phase of IT growth in Kerala and the government assures all support to all companies who will play a key role in the development of the State as a leading IT hub of the country.”
Speaking about the Cognizant choosing Infopark to set up its campus, Gigo Joseph said, “Cognizant’s choice reflects the fact that it realizes the vast potential of Infopark Phase II and that it will be able to offer its employees an ideal working environment. Kochi, one of the fastest developing cities in India today offers a great mix of leisure activities plus facilities that will entice more companies and professionals to make it their home base. After the success of the first phase of Infopark Kochi, we are upbeat about the facilities in terms of infrastructure and recreation that Infopark Phase II offers that will most definitely attract more international companies to the park making it one of the most sought after IT parks in the country.”
“We are committed to growing our operations in Kochi and tapping into the world-class talent in the state of Kerala,” said R Chandrasekaran, President and Managing Director, Global Delivery, Cognizant. “Cognizant is growing at an industry-leading rate globally and our Kochi center is an important part of our integrated global delivery capability and growth strategy, underpinned by our ability to tap into the best talent wherever it is available. This investment in a new campus in Kochi is a part of Cognizant’s commitment to grow its operations in this region, and work closely with the academia to further enhance the knowledge quotient.”
“We are extremely pleased with our experience in Kochi” said Joseph Korah, Director and Head of Kochi Operations, Cognizant. “Tapping into places that offer a good talent pool and creating opportunities for broad-based, diversified and inclusive growth has always been an important part of Cognizant’s growth strategy. With its several engineering and management colleges, Kerala is indeed a rich reservoir of talent. We also see a growing number of non-resident Keralites increasingly keen to return to Kerala and settle down in a fast-growing city like Kochi, which is highly cosmopolitan, is well-connected nationally and internationally, and offers a great standard of living. With phenomenal support provided by the state government and the Infopark authorities, we are happy to commence work on our first self-owned campus in Kochi.”
About Infopark Kochi
Infopark has ambitious plans to become one of the major IT Park clusters in the country. With this vision, it has been growing fast ever since its inception in 2004, and within a short span has attracted investments from IT majors like TCS, Wipro, Affiliated Computer Services, OPI Global, IBS, ACS Xerox and UST Global. Because of the fast growth rate achieved and strategic positioning of the park in Kochi, Infopark is well known among the IT/ITES investors as a very potential destination and is currently expanding beyond Kochi to new locations in Cherthala, and Koratty.
Infopark Phase II is envisaged as the biggest IT township in Kochi with IT/ITeS Buildings, BPO complex and a host of supporting amenities like shopping mall, hotel and convention center, multiplex, outdoor game facilities, hospital, etc. 97 acres of the land has already been notified as SEZ by the Government of India and the development is planned in a PPP model by inviting investments from IT companies and other infrastructure developers. For more information about Infopark Phase II, please visit: http://www.infopark.in/index.php.