Cognizant enters Andhra Pradesh, after Telangana exit

VISAKHAPATNAM: Four months after withdrawing proposals for two Information Technology and Information Technology Enabled Services (IT/ITES) Special Economic Zones (SEZs) in Telangana, Cognizant Technology Solutions India Pvt Ltd has secured the Centre’s approval for a new 8.98-hectare IT/ITES SEZ in Visakhapatnam, with the Union Ministry of Commerce and Industry formally notifying the project on June 25.

The notification, issued by the Department of Commerce under the provisions of the Special Economic Zones Act, 2005, paves the way for the development, operation and maintenance of the SEZ at IT-Madhurawada-2 in Visakhapatnam Rural Mandal.