The Tamil Nadu government has initiated the process of establishing a Fintech city in Chennai and bringing in more investments into the aerospace hub and the Defence Corridor.
A consultant would be soon selected for design-cum-project management for establishing Fintech City at Nandambakkam, according to an official of the Tamil Nadu Industrial Development Corporation (TIDCO) Limited, the nodal agency.
With a dedicated fintech policy to accelerate investments, the government, driven by its investor-friendly policies, is confident of nurturing, fostering and developing of the fintech eco-system, the official told The Hindu.