Chennai: Cognizant Technology Solutions Corp on April 17 announced that its board of
directors has approved an international strategy that includes its extensive
infrastructure investment in India and geographic expansion in Europe and Asia,
according to an official press release.
Announcing this, company chairman and CEO Kumar Mahadeva said, “We expect the strong
wave of demand for our services that exists in the United States to next hit Europe,
especially the United Kingdom. We want to be well positioned to benefit and want to
add resources and capabilities organically and through acquisitions to exploit
opportunities as they arise.”
The company has opened up a subsidiary in Singapore and is actively pursuing
alliance and relations in Japan and Australia, he added.
Cognizant also expects to have three techno-complexes in India to meet future plans
at an approximate cost of $ 40 million.