Vizag will become a Fintech hub in India: CM Chandrababu

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Vizag will become a Fintech hub in India: CM Chandrababu


N Chandrababu Naidu Andhra Pradesh Chief Minister expressed Vishakapatnam develop into a fintech hub in the country in future as information technology sector was acquired momentum in the state.

It was a good chance about 500 companies like Franklin Templeton Investments had selected to start a center in the city, he expressed after inaugurating the office of Franklin Templeton Investments here.

“The company is going to invest Rs. 450 crore in a gradual way of setting up the center and Providing 2,500 high-end jobs. Yesterday it has opened the office,” he expressed.

Naidu brings a fact into one’s mind how the company had first started up the centre in Hyderabad in the undivided AP way back in 2002 and expressed belief that the Vizag center will get more successful.

Franklin Templeton Investments, president and Chief Operating Officer, Jennifer M Johnson expressed the company had belief and faith in the Chief Minister, the key architect and planning the future with wisdom, who built the IT sector in Hyderabad and is now doing so in Visakhapatnam.



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