How has India's tech sector thrived under PM Modi's leadership? Piyush Goyal
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Synopsis
Union Commerce Minister Piyush Goyal has praised PM Modi's leadership for driving India's unprecedented growth in the tech sector, particularly in fintech. With over 1 billion internet users, the nation is on track to become a global leader in technology by 2047. Discover how India is transforming its economy under Modi's vision.
Key Takeaways
- 1 billion internet users in India signify widespread digital adoption.
- Fintech accessibility has transformed lives, including street vendors.
- India is on the path to becoming the third-largest economy globally.
- PM Modi's leadership is pivotal for India's tech advancements.
- India leads in global fintech initiatives and 5G rollout.
Mumbai, Oct 8 (NationPress) Union Commerce and Industry Minister Piyush Goyal expressed immense pride in India's technological advancements, particularly in financial technology, under the visionary leadership of Prime Minister Narendra Modi. Speaking at the Global Fintech Fest (GFF) 2025, he noted that fintech is now accessible to nearly every individual, with India surpassing 1 billion internet users.
Goyal highlighted that even everyday individuals, such as street vendors, are utilizing UPI, and donations in temples are being made via QR codes. He believes that India's technology-driven development is on a certain path towards becoming a global power.
The minister emphasized the connection between the power of 1.4 billion Indians and PM Modi, who has devoted his life to national and public welfare.
“I commend his efforts. Initially, as the Chief Minister of Gujarat, he transformed the state, and now as Prime Minister, he is uplifting India's spirit,” Goyal stated.
According to him, under PM Modi's guidance, India has ascended to the position of the world's fourth-largest economy and is poised to become the third-largest soon.
It is inspiring to witness 1.4 billion people, motivated by PM Modi, advancing together towards a developed India by 2047.
“I hope his leadership endures, enabling us to elevate our nation to new heights,” he added.
During his speech at GFF 2025, Goyal remarked: “The world is looking towards India with confidence and trust, assured that collaborating with us yields high-quality talent, skills, goods, services, and timely delivery.”
He stated that India is a reliable partner globally, a fact we take pride in.
“We have transitioned from merely being a technology partner in global trade to becoming a leading architect of the fintech realm. Today, India pioneers global initiatives with our offerings, including digital public infrastructure, our indigenous 4G stack, and rapid 5G rollout,” he concluded.
Point of View
It's clear that India's technological growth under PM Modi's leadership is not just a narrative of progress but a testament to the evolving aspirations of its people. The nation's commitment to becoming a global technology leader is commendable and reflects a unified vision that resonates with the citizens. Our approach remains steadfast in supporting this transformative journey.
NationPress
08/10/2025
Frequently Asked Questions
What is the significance of India's fintech growth?
India's fintech growth signifies the country's advancement in technology, making financial services accessible to a wider population, enhancing economic participation.
How has PM Modi influenced India's tech sector?
PM Modi's leadership has catalyzed investment, innovation, and infrastructure development, driving India to the forefront of the global tech landscape.
What are the projections for India's economy?
India is projected to become the third-largest economy in the coming years, reflecting its rapid growth and development in various sectors.
