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IT and consulting major Cognizant has signed a memorandum of understanding with the Government of Kerala to lease 15 acres of land in Infopark Phase II in Kochi.
Mr Gigo Joseph, Chief Executive Officer, Infopark, and Mr Joseph Korah, head of Cognizant's Kochi operations, signed the MoU and exchanged documents in the presence of the Industries and IT Minister, Mr P. K. Kunhalikkutty, here on Tuesday.
When fully completed, Cognizant's new campus in Infopark Phase II will have a built up area of 1.6 million sq ft and the capacity to accommodate around 12,000 professionals.
Cognizant will develop the campus in phases.
The first phase is being built at a cost of approximately Rs 250 crore and will consist of a 5.5 lakh sq ft. software development block, which will accommodate over 4,000 professionals.
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