Odisha is all set to launch India’s first Integrated Global Financial Technology Capability Hub (I-GFTCH) in Bhubaneswar on August 21. This landmark initiative is expected to create 2000 direct jobs and train 7000 graduates in FinTech and InsurTech over the next five years.
Developed in collaboration with the Global Finance and Technology Network and the Asian Institute of Digital Finance at the National University of Singapore, the hub aims to transform Odisha’s digital economy and talent landscape.
The I-GFTCH will be inaugurated by Chief Minister Mohan Charan Majhi and is positioned as a key part of the state’s long-term strategy for economic and technological development, as per sources.
The hub’s goal is to equip thousands of graduates with future-ready skills to meet the increasing global demand for FinTech professionals. The professional certification programme will begin in September and is open to final-year undergraduate and postgraduate students.
This five-month hybrid course will include 60 per cent online instruction, two weeks of in-person training in Bhubaneswar, and an internship. Students will be selected through an online test and will receive a certificate from the National University of Singapore’s digital finance institute upon completion.
The curriculum will focus on key topics such as artificial intelligence, blockchain, governance, insurance, and finance. It will also include practical projects to help students gain industry experience and connect with potential employers.
In addition to skill development, the I-GFTCH will also feature a Centre of Excellence for digital innovation and business growth. This centre will support startups and small to medium enterprises through incubation, mentoring, bootcamps, market readiness support, and venture development assistance.
The initiative is projected to create direct value worth Rs 299 crore and have an indirect economic impact of around Rs 898 crore over five years. It is expected to significantly boost service exports, job creation, and innovation across the financial technology sector.
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