SUMMARY
The Company Plans To Invest About $3 Mn To Set Up The Center
Mobile commerce platform, Paytm, today signed an MoU with the Madhya Pradesh government to start a back-end center in Jabalpur (M.P.).
In presence of CM @ChouhanShivraj, State Govt. & @Paytm signed an MOU today to start a Back-end Center in Jabalpur. pic.twitter.com/lkvPJMVDrS
— CMO Madhya Pradesh (@CMMadhyaPradesh) January 23, 2016
As per the terms of the agreement, Paytm will invest about $3 Mn (INR 20 Cr) to set up this back-end center. The center is expected to start functioning by next year and will provide employment to almost 2000 people.
Shivraj Chouhan, tweeted:
“MP has investor friendly policies. Decision of @Paytm to start Back-end center in MP will give big boost to investment in IT sector.”: CM
— CMO Madhya Pradesh (@CMMadhyaPradesh) January 23, 2016
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