Nara Chandrababu Naidu, commonly known as CBN, is an Indian politician who is currently serving as the 13th Chief Minister of Andhra Pradesh and holds the record of longest-serving Chief Minister in the political history of Telugu states. He is the national president of the Telugu Desam Party (TDP).
The Hyderabad Information Technology and Engineering Consultancy City, abbreviated as HITEC City, is an Indian information technology, engineering, health informatics, and bioinformatics, financial business district located in Hyderabad, Telangana, India. HITEC City is spread across 81 ha of land under suburbs of Madhapur, Gachibowli, Kondapur, Miyapur, Nanakramguda, Serilingampally, Bachupally, Manikonda, Kukatpally and Shamshabad all the combined technology townships is also known as Cyberabad with a radius of 52.48 km (32.61 mi) surrounding approximate area of 6,100 ha. HITEC City is within 2 kilometres (1.2 mi) of the residential and commercial suburb of Jubilee Hills.
The Indian state of Telangana has a 31% share of software export in India. While the majority of the industry is concentrated in Hyderabad, other cities are also becoming significant IT destinations in the state. Hyderabad houses the largest campuses of tech giants like Google, Facebook, Microsoft, Amazon, and Apple outside of the US. In Hyderabad, the central region of the business happens in Financial District, HITECH City, the Madhapur suburb, Kokapet SEZ (Neopolis) and Salarpuria Sattva Knowledge City. As of 2023, Hyderabad has 9,05,715 employees in the IT/ITES sector, working in more than 1500 companies. The number of startups in Telangana had increased from 400 in 2016 to 2,000 in 2022. Hyderabad added two companies in unicorn startup list in first two months of 2022.
The economy of the Indian state of Andhra Pradesh is primarily dependent on agriculture, which directly and indirectly employs 62% of the population. GSDP as per the first revised estimate, for the year 2023-24 is ₹15,40,000 crore.The state is ranked 1st in the country for the year 2021-22 in terms of the Gross State Domestic Product (GSDP) growth at constant prices with growth rate of 11.43%. The state GSDP is expected to grow at a rate of 17% for the year 2023-24.
NerdWallet is an American personal finance company, founded in 2009 by Tim Chen and Jacob Gibson. It has a website and app that earns money by promoting financial products to its users.
Digital India is a campaign launched by the Government of India to make its services available to citizens electronically via improved online infrastructure and by increasing Internet connectivity. The initiative includes plans to connect rural areas with high-speed internet networks. It consists of three core components: the development of secure and stable digital infrastructure, delivering government services digitally, and universal digital literacy.
Fintech, a portmanteau of "financial technology", refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Fintech companies include both startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services.
Vijayawada Metro is proposed light rail transit system in the Indian city of Vijayawada. The system is proposed to reduce traffic congestion in the city and consists three corridors which will be constructed in 3 Phases. Phase-I will be covering 24.5 kilometres (15.2 mi), phase-ll will cover 12.5 kilometres (7.8 mi) and phase-lll will cover 28 kilometres (17 mi). The project is estimated to cost approximately ₹15,000 crore or 1.7 billion USD. It was proposed in the form of a light metro which would consist of 3 coaches.
GMR Visakhapatnam International Airport is an international airport and a greenfield airport under construction at Bhogapuram in Vizianagaram district, about 40 kilometres (25 mi) north-east of Visakhapatnam and 15 km south east of Vizianagaram. By the time of completion in Dec 2025, it is projected to be India’s 7th largest airport by area and 15th by Passenger traffic. It is proposed to be a focus city for 2 airlines and the primary international gateway to the state of Andhra Pradesh.
Financial technology is an industry composed of companies that use technology to offer financial services. These companies operate in insurance, asset management and payment, and numerous other industries. FinTech has emerged as a relatively new industry in India in the past few years. The Indian market has witnessed massive investments in various sectors adopting FinTech, which has been driven partly by the robust and effective government reforms that are pushing the country towards a digital economy. It has also been aided by the growing internet and smartphone penetration, leading to the adoption of digital technologies and the rise of FinTech in the country
The Astana International Financial Centre (AIFC) is a financial hub in Astana, Kazakhstan that officially launched on July 5, 2018.
Andhra Pradesh MedTech Zone(AMTZ) is the medical technology park with Common Manufacturing Facilities & Common Scientific Facilities located in Nadupuru village area of Visakhapatnam, adjacent to the Visakhapatnam Steel Plant. The AMTZ is spread over an area of 270 acres and it has over 10 manufacturing units.
J A Chowdary is the founding director of Software Technology Parks of India at Bangalore, Hyderabad and Chennai. He is the current chairman of the Indian BlockChain Standards Committee, the General Partner-Succeed Innovation Fund and a former IT advisor and special chief secretary to the Chief Minister, Government of Andhra Pradesh.
ANSR is a business consulting company. It was established in 2004 by Lalit Ahuja. Since its inception, ANSR has established over 125 GCCs aggregating to over 125K enterprise talent with over $1.6B in investment.
Microsoft Kaizala was a secure messaging and work management software application for collaboration among users inside and outside of organizations, including the ability to send and receive instant messages, coordinate tasks, and submit invoices. It was launched in India in 2017, thereafter expanded to 28 countries, and was launched globally in April 2019 as part of the Office 365 package. It was available internationally, except in a few countries as a free Android, iOS, and web application. Kai zala is a Marathi phrase that means "What happened?"
Millennium IT Towers is an information technology (IT) park situated in the city of Visakhapatnam, India. It was set up for the growth of information technology and as an initiative in making Visakhapatnam city as a Financial-tech (Fintech) Capital in the state of Andhra Pradesh by the APIIC and Government of Andhra Pradesh. Millennium IT Tower 1 was inaugurated by then Chief Minister of Andhra Pradesh N. Chandrababu Naidu on 15 February 2019
The 2019–2024 Amaravati protests, simply known as Amaravati protests, were demonstrations in the Indian state of Andhra Pradesh triggered by the idea of changing the one capital of Amaravati already identified and developed partially, to three capitals of Amaravati, Visakhapatnam and Kurnool by the Government of Andhra Pradesh. This led to concerns that the decision would create chaos and insecurity for farmers who gave their fertile agricultural lands to the government in 29 villages of Guntur district. The protests began in Mandadam, Thullur, Uddandarayunipalem on 18 December 2019. In a few days, the protests spread across Andhra Pradesh Capital Region, in Andhra Pradesh. On 17 December 2020, series of events were done to mark the protests' anniversary.
The chief ministership of N. Chandrababu Naidu began on 1 September 1995 and ended on 11 October 1999, making him the 13th Chief Minister of Andhra Pradesh. Naidu was sworn in by the then governor, Krishan Kant. Naidu's second term started on 11 October 1999 to end on 13 May 2004, sworn in by the then governor, C. Rangarajan. After a decade, Naidu's third term commenced on 8 June 2014 and ended on 29 May 2019, during which he served as the chief minister of the bifurcated Andhra Pradesh, sworn in by the then governor, E. S. L. Narasimhan. He is currently serving as the chief minister, sworn in by the current governor, Syed Abdul Nazeer on 12 June 2024.
FinTech Hub is a financial, commercial centre and business district located in New Town city, which lies outskirts of Kolkata under its metropolitan area in the state of West Bengal, India. The hub has the presence of a large number of banking, financial companies and legal institutions. Many major companies have their headquarters, offices and training centres operational or under construction.
