India’s digital revolution is driven by fintech innovations transforming the economic landscape. The rapid adoption of digital payments, exemplified by UPI, has shifted India from a cash-centric economy to a digital-first one, with UPI alone recording $1 trillion in transactions in FY 2021-22. The ecosystem benefits from government support, regulatory initiatives, and public acceptance, supported by the Digital India program and innovations like Aadhaar and JAM. The sector’s growth is marked by increased financial inclusion and streamlined services for MSMEs and rural populations. Global recognition of UPI and India's fintech potential positions the country as a leader in tech export and economic integration.

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