Mumbai: India and the UK On Thursday, opened a new fintech corridor to improve financial and digital collaboration between the two countries. Prime Minister Narendra Modi made the statement during the two-day visit of his British counterpart Keir Starmer.
The National Stock Exchange of India (NSE) liked the decision and said it will strengthen the financial linkages between the two markets. NSE said that this project is “a step toward a GIFT City–London Stock Exchange collaboration” and that it looks forward to expanding financial integration through NSE International Exchange (NSEIX) at GIFT City, Gandhinagar.
NSE welcomes the India–UK Fintech Corridor announced by Hon’ble Prime Minister Shri Narendra Modi, in the presence of Rt Hon Sir Keir Starmer—a step towards a GIFT City–London Stock Exchange collaboration. NSE through NSE International Exchange (NSEIX) at GIFT City, Gandhinagar… https://t.co/hntE1rA30c
— NSE India (@NSEIndia) October 9, 2025
The fintech corridor is meant to help the London Stock Exchange and India’s Gujarat International Finance Tec-City (GIFT City) work together. The goal of the program is to make it easier for fintech companies to come up with new ideas, help startups grow, and make cross-border investment and technological relationships stronger.
At the Global Fintech Fest in Mumbai, Prime Minister Modi talked about how India is a pioneer in digital innovation and called its digital infrastructure a “ray of hope for the Global South.” He remarked, “We want to make the world more digitally cooperative and partner with each other through our digital innovations.”
Modi said, “Today, digital payment is a part of everyday life,” to stress how technology can change everything. The JAM Trinity (Jan Dhan, Aadhaar, and Mobile) is to thank for this. He went on to say that India’s fintech skills are becoming known around the world and that the country is not just sharing technology but also assisting other countries improve it.
Modi ended by saying, “The goal of innovation should not only be growth, but also goodness. Finance should not only be about numbers, but also about human progress.”