Cognizant Technology Solutions (CTS) plans to set up a development centre in Hyderabad.
Cognizant will invest Rs 500 crore to develop a built-up area of 1.5 million sq ft. It will house 8,000 employees when the facility is fully operational.
The company is building the campus on a 11 acre land in Gachibowli. The firm has received clearances from the Telangana government under its flagship industrial promotion scheme TS-iPASS (Telangana State Industrial Project Approval and Self Certification System).