Saturday, September 16, 2017

Cluster Approach : Visit of Ambassador of Mongolia : FinTech

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Mongolian Ambassador, Consul and me: Yesterday, at IT&E Deptt,
at my office in Sector 5

Yesterday, His Excellency the Ambassador of Mongolia to India visited the IT&E Department at Sector 5. I learnt a lot of Mongolia (extremely picturesque and touristic, script is phonetic and is written in a vertical manner - top to bottom, size is half of India but population is 33 lakhs, temp is -22 deg C in winter, promoting IT, Smart New Cities and data warehouse centres).

I explained our approach of doing IT in clusters. About the Sector 5 - New Town continuum ( we viewed from the glass wall of my office chamber), he remarked that it looked like a combination of Silicon Valley and Cocacabana beach of Rio de Janeiro ! I added that IT Hub, Analytic City at Kalyani (planned and earmarked), hardware clusters at Kalyani (IoT focus), Sonarpur (ICT focus) and Falta (Health ITeS focus) were examples of strategy for accelerated economic growth. I also added that the Education Hub of New Town (IIT, Presidency, St Xaviers' , Alia, Amity, UEM and other Universities) and the Financial Hub (23 institutions) of New Town have made us focus on the cluster approach once again to launch the FINTECH HUB in New Town. Formally this is being launched today at a CII Seminar on Banking at Lalit Great Eastern Hotel (I was supposed to be there but have to go out of Kolkata; Debjit Ganguly of NKDA will make a presentation and launch on my behalf at the CII seminar).

Here is a small animation that will be shown to explain this at the seminar today:

The notice inviting Expression of Interest can be seen at :

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