Nandan Nilekani, co-founder and chairman of the board, Infosys Technologies
Image: Samyukta Lakshmi / Bloomberg via Getty Images
The stage was set in Mumbai, India’s financial capital, at the Jio World Centre, the city’s business district. People from world over were meeting to celebrate India’s fintech revolution and talk about what’s next. A senior official from the National Payments Corporation of India made a simple, almost cursory, announcement that Nandan Nilekani would speak for a bit. Nilekani, chairman of Infosys Technologies, but in the day’s context, chief evangelist of tech for an inclusive India, didn’t disappoint.
India, and specifically the Reserve Bank of India (RBI), “is showing the world how to combine regulation and innovation,” he said at the beginning of his brief 10-minute speech. He spoke of how the world is marvelling at India’s fintech revolution, with Aadhaar and the Unified Payments Interface (UPI), but ever looking ahead, added “this is just a part of the journey, there are a few things that are coming.”
(This story appears in the 15 December, 2022 issue of Forbes India. To visit our Archives, click here.)