Union Communications Minister Jyotiraditya Scindia has said that the next chapter of India’s digital journey is not just about being a market for technology but is about becoming a creator of technology.

 

The Minister said this while addressing the Kautilya Economic Conclave in New Delhi today. He noted that artificial intelligence has transformed the ways of working, transacting, and making decisions, transforming financial models, and the way modern economies interface with each other with a global perspective. He added that India has a great opportunity to be able to shape the systems of tomorrow within this transformation.

 

Mr Scindia highlighted that the telecom connectivity network today has become the digital highway and data has become the fuel of AI economy and together these factors are composing the new digital trinity of connectivity, compute and trust.

 

He noted that the last decade has transformed not only the physical landscape of India, but also laid the foundations of digital India. He underlined that the country targets to reach billion customers on 5G by 2030, from 5 hundred million today. He added that UPI started with only 21 banks and 90 thousand transactions per month, but today 740 banks are connected to UPI.

 

The Minister mentioned that in the last financial year 2025-26, UPI conducted 21 thousand 5 hundred crore transactions, 20 billion per month, 260 billion in a year, with 3.4 trillion dollars transacted on a single platform. Mr Scindia noted that these are not mere telecom statistics but they present the democratisation of the country’s telecom connectivity.