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Vizag to be made a FinTech Valley

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The State government has decided to develop Visakhapatnam into a FinTech (financial technology) Valley by holding roadshows in the U.S., the Middle East, and Europe to attract leading players in the field for partnerships and investments.

After successful response to its attempt to involve Singapore in promoting the FinTech industry in the city, it has been decided to undertake overseas trips by Chief Minister N. Chandrababu Naidu and members of the Confederation of Indian Industry (CII) to showcase the huge potential for investment in Visakhapatnam — the largest city in Andhra Pradesh with an IT turnover of Rs.2,000 crore and a robust industrial base.

For more on this story visit the following link: Vizag to be made a FinTech Valley

Source: The Hindu

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