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Cognizant to deposit Rs 200 crore in second proviso expansion

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The additional space will residence 4,800 IT professionals. The association already employs over 8,000 people in a state.

When on Friday, Cognizant Technologies denounced a skeleton to start work on a second proviso of a Bantala campus, a third largest information record (IT) association in a country, gave serve weight to an attention that is on solid arise in West Bengal.

 

  

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In a second proviso of further in space, Cognizant will supplement 554,000 block feet, during a cost of Rs 200 crore. When completed, a additional space will residence 4,800 IT professionals. The association already employs over 8,000 people in a state. Just a Bantala facility, when finished will occupy 16,000 people.

According to R Chandrasekaran, President and Managing Director, Global Delivery, Cognizant, a Kolkata operations continue to be a priority centre for a incomparable intrigue of expansion skeleton that a association has.

“The Kolkata core is an critical partial of a integrated tellurian smoothness capability and a continued success in winning a fight for talent to support a ever expanding operation of services, industries, and geographies. We demeanour brazen to flourishing a infrastructure and operations in a city,” he said.

The proclamation of a new set of skeleton for Cognizant comes during a time when over a past month and half, a city’s differently low attention stage has witnessed visits from Azim Premji of Wipro, N Chandrasekaran of Tata Consultancy Services (TCS), and S Gopalakrishnan of Infosys. All 3 companies have land in Rajarhat, TCS and Wipro for their second campus and Infosys for a initial campus. Indications from a state supervision and announcements from a officials have done it transparent that construction work on all 3 campuses is shortly to begin.

According to announced skeleton between a 3 campuses, a city will see total pursuit origination of roughly 50,000 people in a IT sector. In gripping with a priority zone standing that a Mamata Banerjee supervision has allocated to a attention in Bengal, talks are also on to mislay IT from a reach of a Urban Land Ceiling Act (ULCA).

“From a stream 1 lakh people that a zone employs in Bengal, we consider over a subsequent few years we should be means to double this practice number,” pronounced Kalyan Kar, clamp boss of a Sector V Association.

Further procedure to a attention is slated to come from a IT hubs that have been announced by a new government. These hubs are slated to come adult in tier-II cities like Haldia, Siliguri, Darjeeling and Durgapur, and form partial of a supervision plan to yield beneficial practice but outrageous land investments.

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Article source: http://business-standard.com/india/news/cognizant-to-invest-rs-200-crore-in-second-phase-expansion/461182/


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