MUMBAI, Oct. 9 -- The infrastructure web being built in Mumbai guarantees that every citizen can commute anywhere in the city in less than an hour. This bold assertion was made by Union minister for commerce and industry Piyush Goyal, on Wednesday. He was addressing a special session at the sixth edition of the Global Fintech Fest 2025 at the Jio Convention Centre in Mumbai. "No power on earth can stop India from becoming a developed nation by 2047", with the government taking a series of initiatives to boost infrastructure, economy and international trade, said Goyal at the convention, organised by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI) and the Fintech Convergence Council (FCC). The minister highlighted the BJP-led government's focus on improving Mumbai's infrastructure, on the day when the prime minister inaugurated the new international airport at Navi Mumbai and the final phase of Metro Line 3, from Worli to Colaba. "We also have a coastal road, which will be extended to Vasai and Virar. Twin tunnels are being built to connect the west with the east under the Sanjay Gandhi National Park (SNGP). So a whole web of infrastructure will guarantee every citizen of Mumbai a commute from home to work in less than an hour, anywhere in the city," said Goyal, a member of Parliament from Mumbai. "I don't think you will find this kind of infrastructure anywhere in the world," Goyal added. "I think no power on earth can stop India from becoming a developed and prosperous nation when we celebrate 100 years of independence. This cannot happen without the adoption of technology, without the digital world keeping abreast with what is happening in the world, without our trade partnerships increasing across the world," Goyal told the gathering. The Union minister said that while India aspires to be a 35-trillion-dollar economy by 2047, India's friends in the finance world could do the math and discover that achieving this is completely within the realm of possibility. He said India has transformed from a mere participant in global trade to a principal architect of the fintech world, and credited prime minister Narendra Modi's leadership for the country's rapid digital adoption and resilience. "Technology has become a driver of inclusive growth. Every citizen today is empowered with digital tools. Having a billion-plus internet users is no mean achievement," said Goyal, adding. "Trust has become India's defining strength, the only currency that never depreciates, it only appreciates." He recalled that the Modi-led government had taken several initiatives after coming to power in 2014, such as 'Digital India', 'Start-up India', Aadhar identification, and a revolution in telecommunication, among other things, which had helped India advance by leaps and bounds. "India is at an inflection point with strong macroeconomic fundamentals, expanding trade relations with developed countries around the world, and a focus on empowering customers with high quality and low taxes." Said Goyal, underlining the recent reduction in GST rates by the central government....