PayTM to open centre in Madhya Pradesh

MoU for Rs. 20 crore investment signed

cmmou24.1.16Bhopal, January 24, 2016 (Ataullah Faizan):  E-Commerce website PayTM will open a back-end centre costing about Rs. 20 crore at Jabalpur. In the presence of Chief Minister Mr. Shivraj Singh Chouhan, an MoU was signed between the state government and PayTM here today. On behalf of the state government, MD of State Electronics Development Corporation Mr. M. Selvendran and founder of PayTM Mr. Vijay Shekhar signed the MoU. The Chief Minister said that this investment by PayTM will accelerate the pace of investment in IT sector in the state. Mr. Vijay Shekher informed that this centre of PayTM will provide jobs to about 2000 persons. The centre will be operational next year. Chief Secretary Mr. Anthony de Sa, Principal Secretary to CM Mr. S.K. Mishra, Secretary Information Technology Mr. Manish Rastogi and Mr. Vivek Tankha were also were also present on the occasion.