OdishaTechnology

Odisha to host two-day Black Swan summit to boost AI-led digital growth, President Murmu and CM Majhi to attend event on Feb 6

Black Swan Summit India

Organised by the state government under the BharatNetra initiative in partnership with the Singapore-headquartered Global Finance & Technology Network (GFTN), the summit positions Odisha as a nation-building platform for India’s next phase of digital-led growthOrganised by the state government under the BharatNetra initiative in partnership with the Singapore-headquartered Global Finance & Technology Network (GFTN), the summit positions Odisha as a nation-building platform for India’s next phase of digital-led growth

The two-day Black Swan Summit India, a premier conference dedicated to AI, FinTech, and InsurTech, is set to commence on Thursday in Bhubaneswar, with President Droupadi Murmu and Odisha Chief Minister Mohan Charan Majhi scheduled to attend the event on February 6.

Organised by the state government under the BharatNetra initiative in partnership with the Singapore-headquartered Global Finance & Technology Network (GFTN), the summit positions Odisha as a nation-building platform for India’s next phase of digital-led growth, an official statement read.

“Odisha is not preparing to merely participate in the global digital economy; we intend to help shape it, as a frontline contributor to Viksit Bharat,” said Vishal Kumar Dev, Additional Chief Secretary of Electronics & Information Technology.

“Our focus is on operationalising AI and digital finance in ways that deliver real economic value and long-term institutional capacity, he said.

The summit reflects Odisha’s transition from policy articulation to execution in AI, FinTech, and InsurTech. It reinforces the role of states as engines of national transformation, aligned with India’s Viksit Bharat 2047 vision, the statement said.

With participation from over 1,700 delegates across 24 countries and nearly 100 speakers from 5 continents, including North America, South America, Europe, Asia and Africa.

Black Swan Summit India will convene global and national policymakers, regulators, financial institutions, technology leaders, startups, investors, and academics for an execution-oriented dialogue.

Odisha’s Long-Term Digital and Economic Vision

BharatNetra reflects Odisha’s strategy for sustained, technology-led growth that translates innovation into income expansion, inclusive development, and durable employment. Rather than focusing on technology adoption alone, Odisha is reframing digital policy around measurable outcomes – jobs, skills, enterprise creation, and global competitiveness.

State Leadership with National Impact

India’s digital public infrastructure has created a strong national foundation. Odisha’s approach is to convert this national advantage into local execution with global relevance, demonstrating how states can lead digital-led growth, employment creation, and global integration. This includes deploying AI, FinTech, and InsurTech as workforce multipliers, particularly beyond Tier-I cities, and positioning Odisha as a credible destination for global capability centres, digital finance infrastructure, and long-horizon investment.

A Trusted Platform for Capital and Collaboration

BharatNetra was forged during the January 2025 visit of the President of Singapore, Tharman Shanmugaratnam to Odisha. While several MoUs were signed during that visit, the partnership with GFTN has moved decisively into execution, in close collaboration with the state, and is already delivering tangible outcomes.

For Odisha, GFTN’s global ecosystem, spanning innovators, entrepreneurs, capital providers, and policymakers, acts as an institutional bridge into trusted global digital finance networks. The partnership aligns skilling with real industry demand, accelerates ecosystem maturity in FinTech, InsurTech, and AI, and ensures that policy ambition translates into skills, jobs, enterprises, and long-term capital.

Sopnendu Mohanty, Group CEO of GFTN, said, “Odisha’s partnership with GFTN through BharatNetra offers a blueprint for how state governments can strengthen national competitiveness by connecting to the global digital economy. Through GFTN’s network across more than 130 countries, Odisha gains direct access to innovators, investors, and policymakers, enabling the state to scale digital finance with a strong focus on investment attraction, workforce readiness, and the establishment of global capability centres. The outcomes are already visible: students gaining world-class fintech skills, startups beginning to access mentorship and capital, and Bhubaneswar emerging as an eastern gateway for Asia-Pacific financial innovation.”

FinTech, InsurTech and Workforce Readiness

A major focus of the summit is the role of FinTech and InsurTech in promoting financial inclusion, stability, and resilience. Odisha is aligning education, skilling, and certification frameworks with real industry needs, recognising that nearly 69% of its population is of working age.

Executing on this vision, the first cohort of BharatNetra, a five-month FinTech & InsurTech hybrid programme, launched by the Government of Odisha in collaboration with the National University of Singapore-Asian Institute of Digital Finance and GFTN, graduated today.

Global and national industry partners are actively interviewing graduates, with additional hiring opportunities through a job fair held alongside the Black Swan Summit. Top performers will receive global exposure, including representation in Japan under the MUFG Young Innovators initiative and at the Singapore FinTech Festival 2026. 7 students have already been selected under the MUFG Young Innovators program and 6 under the Singapore Pathfinders program.

BSS signs MoUs with FinTech and InsurTech firms to build Odisha’s talent-to-jobs pipeline

The BSS is also launching MoUs with corporate partners, including Bajaj General Insurance, Advanze Tech, Annapurna Tech Universe, ESTPL, ProgCap, Propelld, ShovelTech Solutions, Spice Money, Surfin, Symbo Insurtech, Universal Pensions, and Vayana. Together, these Odisha-based firms, Indian scale-ups, and globally connected fintech and insurtech players create a direct pipeline from education to employment, policy to pilots, and innovation to implementation—reinforcing Odisha’s position as a FinTech and InsurTech talent and execution hub, backed by regulatory clarity and digital governance readiness.

Looking Ahead

According to the statement, the Black Swan Summit India marks a decisive step in Odisha’s ambition to establish Bhubaneswar as a nationally and globally connected centre for AI-enabled FinTech, InsurTech, and global capability services.

“Odisha is stepping forward to demonstrate how inclusive, tech-led governance, future-ready talent, global collaboration and trusted digital infrastructure can deliver prosperity at scale for India,” said Dev.

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