ONDC and UPI together will reorder India's supply chain: Nandan Nilekani

Speaking at the Global Fintech Fest 2022, he said the supply chain will become far more efficient and will help reach products and services to everyone much more easily

Technology innovations due to India’s digital stack such as credit enablement through United payment interface (UPI) and account aggregator (AA), and the Open Network of Digital Commerce (ONDC) will fundamentally reorder the supply chain of India, said Infosys Chairman Nandan Nilekani.

Speaking at the Global Fintech Fest 2022, Nilekani said: “India's supply chain will become far more efficient and will make it far easier to reach products and services to everyone.”

He added that the AA system championed by the Reserve Bank of India will revolutionise the credit and lending ecosystem.

"Once the AA system is applied to credit and