Andhra Pradesh government is going to develope Mangalagiri as a fin-tech hub of the country and signed MoUs with Visa and Thomson Reuters. Visa, a global payments network, will help transform Mangalagiri into India
The state government also signed a MoU with Thomson Reuters for cooperation in Fintech initiatives in the state.
Future of Mangalagiri
With “n” number of opportunities booming up, Manglagiri is expected to have a bright future.
Mangalagiri has all the advantages to become a major manufacturing hub in the
Make in India campaign, though there are also a few challenges to be dealt with.
There is 9000 acres of land available.
1. Mangalagiri is expected to become the IT hub in the upcoming years
2. Mangalagiri is also expected to become a tourist spot, efforts are being made for the beautification of PPM.