Cognizant to invest $700 mn between 2011-15
Technology

Cognizant to invest $700 mn between 2011-15

Cognizant Technology Solutions has decided to expand its planning horizon for the ‘India Real Estate Programme’ to 2015 and will invest a total of $700 mn between 2011-2015. Last year, the company announced in­vestments worth $500 mn in its ‘India Infrastructure Expansion’ by 2014-end. This has been extended to 2015 with an increase of $200 mn in the investment outlay as the company plans to expand its campuses in India by an additional 10.5 mn sq ft.

This expansion programme inclu­des expenditure on land acquisition, development of new company-owned IT projects and de­livery centres in regions primarily designated as SEZs in India.

Contact: Cognizant Technology Solutions.
Tel: 022-4422 8000.
Fax: 022-4422 8003.
Website: www.cognizant.com

Cognizant Technology Solutions has decided to expand its planning horizon for the ‘India Real Estate Programme’ to 2015 and will invest a total of $700 mn between 2011-2015. Last year, the company announced in­vestments worth $500 mn in its ‘India Infrastructure Expansion’ by 2014-end. This has been extended to 2015 with an increase of $200 mn in the investment outlay as the company plans to expand its campuses in India by an additional 10.5 mn sq ft.This expansion programme inclu­des expenditure on land acquisition, development of new company-owned IT projects and de­livery centres in regions primarily designated as SEZs in India.Contact: Cognizant Technology Solutions.Tel: 022-4422 8000. Fax: 022-4422 8003.Website: www.cognizant.com

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