40 acres of land to Cognizant Technology Solutions India Pvt Ltd and 75 acres to Tata Consultancy Services at Adibatla on the outskirts of Hyderabad.
Tata Consultancy Services (TCS), a leading IT
services, business solutions and outsourcing organization, announced that it
had signed a Memorandum of Understanding (MOU) with the Government of telangana
to acquire 75 acres of land to develop a state-of-the-art development facility
near the new international airport in Hyderabad. TCS will invest up to Rs 400
crore in the facility to create a capacity of 15,000 seats at Adibatla, which is part
of telangana Industrial Infrastructure Corporation (APIIC) promoted Special
Economic Zone.
Growth of IT and ITES
industry in in Hyderabad, is a success story. In order to reduce the
congestion in Hitec City area and to open up new vistas for IT growth In
Greater Hyderabad, Adibatla is the new IT destination,"
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