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Tamil Nadu CM Inaugurates "FinTech City" in Chennai.

State News | Dated: 17 Dec 2025

Tamil Nadu Chief Minister M.K. Stalin inaugurated the state-of-the-art "FinTech City" in Nandambakkam, Chennai. Developed at a cost of Rs 6,000 Crore, the facility aims to attract global financial institutions and tech startups. It is part of the state's goal to become a $1 trillion economy by 2030.

🎯 Key Highlights:

  • The FinTech City spans 100 acres and includes a dedicated "International Financial Services Centre" (IFSC) tower.
  • It is expected to generate direct employment for over 80,000 professionals in the financial technology sector.
  • TIDCO has signed MoUs with 15 major fintech companies to set up their operational bases in the city.

💡 Other Important Facts:

  • Project: FinTech City.
  • Location: Chennai.
  • Investment: Rs 6,000 Crore.

📚 Test Your Knowledge:

Which state inaugurated a dedicated "FinTech City" aimed at attracting global financial institutions?

Correct Answer: Tamil Nadu

🚀 Quick Recap:

About Tamil Nadu

  • Capital – Chennai
  • CM – M.K. Stalin