Cognizant is exploring an India IPO that could make it the country’s second-largest listed IT company. The move would mark a major milestone in the firm’s localization strategy and deepen its presence in one of its most critical markets.
Global IT services giant Cognizant is reportedly planning to list its shares in India, a move that could significantly reshape the domestic tech landscape. If successful, the listing would position Cognizant as India’s second-largest publicly traded IT company, trailing only Tata Consultancy Services (TCS). The company already has a strong operational base in India, with over 250,000 employees and multiple delivery centers across the country.
The proposed IPO would make Cognizant one of the few multinational IT firms to be listed both in the U.S. and India, joining the ranks of Infosys and Wipro. Analysts suggest the listing could unlock substantial value for Indian investors and enhance Cognizant’s brand visibility and talent acquisition in the region.
Key highlights and major takeaways
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Cognizant plans India IPO to expand local footprint
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Potential to become India’s second-largest listed IT firm
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Joins Infosys and Wipro in dual-market listing
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Strengthens brand and investor access in India
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IPO timeline and valuation details yet to be disclosed
Sources: MSN News