 Excellencies, distinguished colleagues, my fellow citizens from the tech and finance world, tens of thousands of participants from all over 70 countries, Namaskar, friends, I am delighted to inaugurate the first infinity forum and welcome you all. Infinity forum represents the immense possibilities that FinTech has in India. It also shows the huge potential of India's FinTech to provide benefit to the entire world. Friends, the history of currency shows tremendous evolution. As human evolved, so did the form of our transactions, from barter system to metals, from coins to notes, from checks to cards, today we have reached here. Earlier, development used to take decades to spread across the world, but not anymore in this era of globalization. Technology is bringing a big shift in the world of finance. Last year in India, mobile payments exceeded ATM cash withdrawals, and that was for the first time. Fully digital banks without any physical branch offices are already a reality and may become commonplace in less than a decade. Friends, India has proved to the world that it is second to none when it comes to adopting technology or innovating around it. Transformational initiatives under digital India have opened doors for FinTech innovations to be applied in governance. Technology has also catalyzed financial inclusion. From less than 50% Indians having bank accounts in 2014, we have almost universalized with 430 million gender accounts in the last 7 years. So far, 690 million rupee cards have been issued. Rupee cards clocked 1.3 billion transactions last year. UPI processed around 4.2 billion transactions in just last month. Almost 300 million invoices are uploaded on the GST portal every month. More than 12 billion US dollars worth payment is done through the GST portal alone every month. Despite the pandemic, about 1.5 million relevant tickets get booked online every day. Last year, fast-track processed 1.3 billion seamless transactions. PM Swanidhi is enabling access to credit for small vendors across the country. E-rupee has enabled targeted delivery for specific services without leakages. I can go on and on, but these are just a few examples of the scale and scope of FinTech in India. Friends, financial inclusion is the driver of FinTech revolution. FinTech is resting on four pillars, income, investments, insurance and institutional credit. When income grows, investment becomes possible. Insurance covers enable greater risk-taking ability and investments. Institutional credit gives wings for expansion and we have worked on each of these pillars. When all those factors come together, you suddenly find so many more people participating in the financial sector. The large wage becomes the perfect springboard for FinTech innovations. FinTech industry in India is innovating to enhance access to finance and the formal credit system to every person in the country. Now, it is time to convert these FinTech initiatives into FinTech revolution, a revolution that helps to achieve financial empowerment of every single citizen of the country. Friends, as we see the widening reach of FinTech, there are considerations that need attention. FinTech industry has achieved huge scale and scale means people from all walks of life as customers. This FinTech acceptability among the masses has a unique future. That future is trust. The common Indian has shown immense trust in our FinTech ecosystem by embracing digital payments and such technologies. This trust is a responsibility. Trust means that you need to ensure that the interests of people are secure. FinTech innovation will be incomplete without FinTech security innovation. Friends, we believe in sharing our experiences and expertise with the world and learning from them as well. Our digital public infrastructure solutions can improve the lives of people around the world. Tools like UPI and RUPE provide an unparalleled opportunity for every country. An opportunity to provide a low-cost, reliable real-time payment system as well as domestic card scheme and fun remittance system. Friends, gift city is not merely a premises. It represents promise of India. It represents India's democratic values, demand, demography and diversity. It represents India's openness to ideas, innovation and investment. Gift city is a gateway to the global FinTech world. FSC, a gift city, was born out of the vision that finance combined with technology would be an important part of India's future development. Our aim is to provide the best international financial services not just for India but for the world. India's finance is the lifeblood of an economy and technology is its career. Both are equally important for achieving Antyodaya and Sarvodaya. Our flagship infinity forum is part of our endeavor to bring together all key stakeholders of the global FinTech industry to explore the limitless future of the industry. I remember the conversation I had with Mr. Mike Bloomberg on this subject when we last met and I think I thank the Bloomberg group for their support. Infinity forum is a forum of belief, belief in the spirit of innovation and the power of imagination, belief in the energy of youth and that passion for change, belief in making the world a better place. Let us together explore and advance innovative ideas in FinTech to solve the most pressing issues emerging globally. Thank you. Thank you very much. Chairman of Gift City Project, Gujarat International Finance Tech City known as Gift City is the outcome of Prime Minister Srinarendra Modi's vision to make India a global provider of finance and technological services. With its smart infrastructure, business friendly environment and India's only and independently regulated international financial services center, Gift City is emerging as an attractive destination for global financial bless. FinTech has proved to be a powerful instrument for the growth and development of nations and its peoples. Direct payment or subsidies to beneficiaries through their bank accounts, eliminating middlemen. Free healthcare for the poor using Ayushman's smart card. Continuation of online classes for students even in the most remote villages during the pandemic. And many such initiatives of the Prime Minister, he made reference to Rupay to UPI has taken fruits of development to the doorstep of the common man. It's truly a digital revolution. On behalf of all the organizers and participants of this global interactive forum, I sincerely thank Honorable Prime Minister of India for his inaugural address. It will set the agenda for subsequent discussions. Thank you. Jai Hind.