Page 3 - Franklin Templeton Investments India
Franklin Templeton gets 40 acres to set up tech campus in Vizag
Hyderabad, 13 January: Global investment firm Franklin Templeton Investments(FTI) is setting up a large technology development campus in port city of Visakhapatnam along with its affiliate, Innova Solutions Inc., in a 40 acre plot facing the sea. Acting on a detailed proposal given last month by the US firm, Andhra Pradesh government has allotted 25 acres to FTI and 15 acres to Innova on Rishikonda, now home to Fintech Valley, besides extending other incentives through orders issued earlier this week.Besides offering land at a concessional rate, the state government has extended financial support for a proposed 10,000-square feet incubation facility of the US firm by promising a monthly rent of Rs 3.9 lakh per month for a period of 2 years with an option of 2 extensions of 18 months each in a ready-built office space at Rishikonda.During his visit to the US in May, 2017 Andhra Pradesh chief minister N Chandrababu Naidu met Franklin Templeton president and chief operating officer ...
 "Franklin Templeton gets 40 acres to set up tech campus in Vizag")
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