Leading IT Major, Cognizant had evinced interest to setup base in Andhra Pradesh. The company recently visited couple of lands shown by the state government in Vishakapatnam and Tirupati. Very soon the company Vice President will be meeting the Chief Minister and discuss the formalities.
The company is planning to setup an office space of Seven Lakh Square Feet. On the other side, the state government is planning to issue notices to Wipro and Tech Mahindra who obtained lands in Madhurawada, Vishakapatnam but did not fullfill their promises. Tech Mahindra was sanctioned 6 acres but did not start any thing.
Wipro has built an office in 6.8 acres land allotted to it but only 150 employees are working here. In case, they do not respond properly, the state government is planning to take back the lands and give them to companies which are interested in starting their operations immediately.
