Prime Minister Narendra Modi has lauded the Open Network for Digital Commerce (ONDC) for its transformative role in the online shopping sector, emphasizing its ability to connect small and large businesses to greater opportunities. Speaking at the Global Fintech Fest (GFF) 2024 in Mumbai, Modi highlighted the significant contribution of digital public infrastructure (DPI) in driving fintech innovation across India. The Global Fintech Fest, organized by the Payments Council of India, the National Payments Corporation of India, and the Fintech Convergence Council, serves as a platform to showcase India’s advancements in fintech and to bring together key stakeholders from the sector. Modi praised the potential of Digital Twins technology, noting its impact on risk management, fraud detection, and customer experience. He emphasized that ONDC is
The only supply chain registration you need
Unrivaled context behind every news and article for free.