India's Digital Stack and Global Cooperation
Prime Minister Narendra Modi highlighted India's efforts to develop its digital stack, emphasizing its potential as a beacon of hope for the Global South. The country aims to expand digital cooperation and partnerships across the globe.
India-UK Fintech Corridor
- Expected to create opportunities for new startups.
- Fosters collaboration between the London Stock Exchange and India's Gujarat International Finance Tec-City (GIFT City).
Artificial Intelligence (AI)
Modi emphasized that AI should be “All-Inclusive”, supporting a global framework for ethical AI and committing to deliver AI benefits across India.
Global Digital Cooperation
- India's digital innovations aim to strengthen digital partnerships globally.
- Focus on financial integration, leveraging free-trade agreements like the one signed with the UK in July.
Modular Open-Source Identity Platform (MOSIP)
- MOSIP is developed in India and adopted by over 25 countries as a sovereign digital identity system.
- Described as digital empowerment rather than aid.
India's Digital Infrastructure
- Includes systems like Unified Payments Interface (UPI), Aadhaar-Enabled Payment System, Bharat Bill Payments System, BharatQR, DigiLocker, DigiYatra, Government eMarketplace.
AI Impact Summit
- Scheduled in India next year, following the AI Safety Summit in the UK.
- Part of efforts to enhance global trade and partnerships.
India's AI Mission
Focused on building high-performance computing capacity to provide affordable and easy access to technology for innovators and startups.
- Guided by principles of equitable access, population-scale scaling, and responsible deployment.
- Aims to further advance AI using digital public infrastructure experience.