India's digital payments industry has been growing rapidly, with the market expected to reach $10 trillion by 2026. This growth can be attributed to the Government of India and the Reserve Bank of India's efforts to promote digital payments, the advent of FinTech, and Payment Service Providers or PSPs building infrastructure for seamless transactions. One of the most significant developments in this space is the Unified Payments Interface or UPI, which is estimated to account for about 90% of total transactional volume in retail digital payments over the next five years. UPI has been instrumental in driving financial inclusion and transforming India's payment landscape. Another essential component of India's digital payment ecosystem is India Stack, a unified software platform aimed at bringing India's population into the digital age. India Stack is the largest open API in the world and has enabled financial inclusion for 80% of the population in just six years. As we move forward, let's take a closer look at the key players in the Indian digital payment space and how they are shaping the industry.

Indian Railways is the largest rail network in Asia and the world's second-largest under a single management. With increasing urbanization and rising income levels, the demand for rail services is growing in both urban and rural areas. In fact, India is projected to account for 40% of the total global share of rail activity by 2050. To meet this growing demand, Indian Railways is investing heavily in infrastructure and technology. From April 2000 to September 2022, FDI inflows in railway-related components stood at US$ 1.23 billion.

Welcome to today's podcast episode, this is your host Amaya. And today we'll be discussing the recent inclusion of the African Union (AU) as a permanent member of the G20, a group of the world's richest and most powerful countries. This significant development took place at the request of Indian Prime Minister Narendra Modi, who hosted the G20 Summit.

The African Union is a group of 55 African nations, representing approximately 1.4 billion people and around 10% of the world's economy. Until now, Africa had only been marginally represented within the G20 through South Africa's seat. With the AU's inclusion, the G20 will now have more than 20 members, marking the end of the G20 as we know it.

In today’s episode, let me take you on a journey through the booming Indian economy, showing you all the opportunities and possibilities that await. Whether you're an experienced investor or just starting out, India should be on your investment horizons.