In India, there are several innovative local products that have gained significant popularity. One such product is the UPI payment system, which has revolutionized digital transactions across the country. Developed by the National Payments Corporation of India, UPI allows users to transfer money instantly between bank accounts using a mobile device. It supports various banks and is widely used for everything from grocery shopping to bill payments.
Another notable Indian product is the Aadhaar card, a unique identification system issued by the government. It serves as a proof of identity and address for residents, streamlining access to services like banking, subsidies, and healthcare. With over a billion enrollments, Aadhaar has become an integral part of daily life in India.
Additionally, Indian startups have created products like Byju\“s, an educational app that offers interactive learning modules for students. It covers a wide range of subjects and has become a go-to resource for exam preparation. These examples highlight how local innovations in India are addressing diverse needs and improving convenience for millions of people. |
