Why Tamil Nadu ?
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From the establishment of The Madras Bank in 1682 to today, Tamil Nadu has consistently been a pivotal player in the financial services industry. Now poised to become a global FinTech hub, the region hosts approximately 15% of BFSI (Banking, Financial Services, and Insurance) Global Capability Center operations in India. This highlights its transformation into a center of financial, technological, and corporate excellence.
of Fortune BFSI Companies have a presence in Tamil Nadu
FinTech Startups
Discover what makes banking & financial services sector thriving in Tamil Nadu

Gender Diverse Talent Pool: Gender-diverse talent pool, including 15 out of the top 100 engineering talents, 9 of the top 50 research institutes, and over 3000 actively participating Chartered Accountants, with more than 40% being women
Specialized Skillset Hub: Home to more than 10% of India's specialized talents in AI/ML, cybersecurity, AML-KYC, product testing, risk analysis, and analytics. Prestigious institutions like the Madras School of Economics and the Chennai Mathematical Institute are renowned for producing top-notch Mathematics and Statistics experts
Cutting-edge Research Centers: The State is a hub for cutting-edge research and centers of excellence in cybersecurity, AI, ML, mathematics, and banking management.
Robust Infrastructure: Features state-of-the-art facilities including Fintech City at Nandambakkam, dedicated Special Economic Zones for IT & ITeS companies, and ELCOT SEZs.
Policy Support: Dedicated policy support through initiatives like the GCC subsidy, Tamil Nadu Fintech Policy and Tamil Nadu Research and Development Policy, fostering an environment conducive to innovation and investment.
Booming Tier-2 Destinations: Emerging tier-2 locations like Coimbatore, Salem, and Madurai that host operations of international BFSI majors such as State Street, First American, Toppan Merrill, and Solartis
Explore the latest policies supporting the banking & financial services sector development in Tamil Nadu.
Tamil Nadu R&D Policy 2022
Tamil Nadu FinTech Policy 2021
Join the ranks of successful companies operating in the Tamil Nadu banking & financial services sector
Get in touch with our sector specialists for personalized guidance and support
Vignesh P
vigneshp@investtn.in
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