Good News for Andhra Pradesh from Cognizant Soon: Nara Lokesh

Although Andhra Pradesh Chief Minister Chandrababu Naidu has concluded his visit to Davos, Minister Nara Lokesh remains in Davos. Today, he met with Cognizant Technology Solutions CEO S. Ravikumar at Davos Belvedere. Following the meeting, Minister Lokesh announced that good news for the state from Cognizant Technologies is on the way.

"We have decided to transform the rapidly developing Andhra Pradesh into a deep tech hub in AI, quantum computing, biotechnology, and renewable energy. We have 2.2 million square feet of co-working space available in Visakhapatnam, Vijayawada, and Tirupati. As part of Cognizant's growth strategy and regional expansion plans, we have requested them to start operations in tier-2 cities like Visakhapatnam. We have also asked them to partner with the AP government to create a highly skilled workforce in AI and quantum computing," Lokesh explained.

Cognizant CEO S. Ravikumar stated that they have announced plans to relocate 80,000 employees from tier-1 to tier-2 cities. As part of the Global Skill Initiative, they aim to empower 1 million people with advanced technical skills in generative AI. Ravikumar mentioned that they would soon make a positive decision on the AP government's proposals.