PM Modi Unveils Fintech Innovations and Lays Groundwork for Major Projects in Maharashtra

PM Narendra Modi visits Global Fintech Fest 2024 in Mumbai, interacts with industry experts, and is set to inaugurate significant development projects, including the Rs 76,000 crore Vadhvan Port project, emphasizing Maharashtra's role as a progress powerhouse.

Prime Minister Narendra Modi visited the Global Fintech pavilion of the Jio World Convention Centre in Mumbai on Friday. At the Jio Convention Centre, PM Modi addressed a special session of the Global Fintech Fest 2024, which showcased the latest innovations in the fintech landscape.

During his visit, he interacted with industry experts and donned virtual reality glasses at one stall. Policymakers, regulators, senior bankers, and academicians from India and other countries are participating in the GFF.

Later today, PM Modi is set to inaugurate and lay the foundation stone for various development projects at CIDCO ground, Palghar. In the afternoon, he will lay the foundation stone for the Rs 76,000 crore Vadhvan Port project near Dahanu town in Palghar district, aiming to boost the country's trade and provide direct connectivity to international shipping routes.

Ahead of his Maharashtra visit, Prime Minister Modi termed the 'Vadhvan Port project' as a very special project that will contribute significantly to India's development. In a social media post on X, the Prime Minister emphasized that the project will reaffirm Maharashtra's role as a powerhouse of progress.

(With inputs from agencies.)