Monday, February 16, 2026
ADVT 
India

India one of the world's fastest-growing economies, global hub for startups: WEF report

Darpan News Desk IANS, 20 Jan, 2025 02:19 PM
  • India one of the world's fastest-growing economies, global hub for startups: WEF report

New Delhi, Jan 20 (IANS) India stands at the forefront as one of the world's fastest-growing economies and a global hub for startups and digital innovation, a World Economic Forum (WEF) report said on Monday.

According to the report, launched by the Centre for the Fourth Industrial Revolution (C4IR) India, the liaison office of the World Economic Forum (WEF) in India, the country’s "advocacy for and pursuit of developmental templates where technology serves as a bridge rather than a barrier are highly relevant and the Forum is proud to act as its partner in shaping a more human-centric, planet-friendly and resilient future”.

The C4IR India was launched in October 2018 by Prime Minister Narendra Modi, with the aim of driving the adoption and responsible deployment of emerging technologies in India.

A collaboration between the World Economic Forum, coordinated by the NITI Ayog, the launch of the centre is part of the World Economic Forum's global network of centres for the Fourth Industrial Revolution

"Over the past six years, C4IR India has emerged as a key hub for multistakeholder collaboration and has improved the lives of 1.25 million citizens through enhanced livelihoods and better access to healthcare,” said Jeremy Jurgens, Managing Director, World Economic Forum.

The centre has driven fourth industrial revolution technologies across agriculture, health and aviation, setting a benchmark for transformative progress.

“As C4IR India continues to expand, it is now focusing on cutting-edge areas such as AI, climate tech, and space tech, with exciting potential for creating lasting value for society," Jurgens added.

C4IR India aims to reach 10 million citizens by scaling its flagship initiatives and upcoming projects. These include the ‘AI for India 2030’ initiative, which seeks to unlock AI's potential for societal benefit; the ‘Space Economy’ initiative, aimed at positioning India as a leader in space technologies; and the ‘Climate Technology’ programme, which will focus on developing climate-smart urban centres.

According to S Krishnan, Secretary, MeitY, “Our partnership with the Centre for the Fourth Industrial Revolution India focuses on developing a multistakeholder community to leverage Fourth Industrial Revolution technologies for critical challenges on health, education, smart cities and agriculture.

“AI for India 2030 is an important initiative in partnership with MeitY, enabling stakeholders across industry and startups to partner with government to realise the potential of AI,” he added.

Photo courtesy of World Economic Forum.com

MORE India ARTICLES

India seeks global cooperation in sugarcane, biofuel sectors to fight climate change

India seeks global cooperation in sugarcane, biofuel sectors to fight climate change
Union Minister of Consumer Affairs, Food and Public Distribution and New and Renewable Energy, Pralhad Joshi in his inaugural address highlighted India's commitment to advancing technology and skills in the sugar and biofuel sectors. Experts from the 30 member countries are participating in the meeting, which will conclude on June 27.

India seeks global cooperation in sugarcane, biofuel sectors to fight climate change

Rahul Gandhi to be the Leader of Opposition in Lok Sabha

Rahul Gandhi to be the Leader of Opposition in Lok Sabha
The Congress on Tuesday evening announced that senior party leader Rahul Gandhi will be the Leader of the Opposition in the 18th Lok Sabha. "Congress MP Rahul Gandhi has been appointed as the LoP in the Lok Sabha," said party General Secretary (Organisation), K.C. Venugopal. The decision was taken at a meeting of the floor leaders of the INDIA bloc, sources said.

Rahul Gandhi to be the Leader of Opposition in Lok Sabha

Double whammy for Kejriwal as Delhi HC stays bail, CBI moves in

Double whammy for Kejriwal as Delhi HC stays bail, CBI moves in
Troubles mounted for arrested Delhi Chief Minister Arvind Kejriwal after the Delhi High Court stayed the trial court order granting him bail, while the CBI, which questioned him in Tihar Jail on the excise policy case on Monday, is likely to arrest him. The CBI has, as per reports, got permission to produce Kejriwal in the court concerned on Wednesday.

Double whammy for Kejriwal as Delhi HC stays bail, CBI moves in

Punjab's solar power facility of 50 MW installed

Punjab's solar power facility of 50 MW installed
Punjab Power Minister Harbhajan Singh on Tuesday said solar power facility of 50 MW installed by SAEL Ltd in Malout district has been synchronised. Four solar power projects of four MW each to be set up were allotted to PEDA at tariff of Rs 2.748 per kWh. Out of which, the solar facility of four MW in Bathinda has also been synchronized with PSPCL 66 KV grid substation.

Punjab's solar power facility of 50 MW installed

India's debt-GDP ratio dips to 18.7 per cent in March 2024

India's debt-GDP ratio dips to 18.7 per cent in March 2024
Although in absolute terms at the end-March 2024, India's external debt stood at $663.8 billion, an increase of $39.7 billion over its level at end-March 2023 there was also an increase in the country's GDP due to the high economic growth. This resulted in a decline in the debt to GDP ratio.

India's debt-GDP ratio dips to 18.7 per cent in March 2024

Yoga Day marks importance of yoga in maintaining a balanced lifestyle: CJI Chandrachud

Yoga Day marks importance of yoga in maintaining a balanced lifestyle: CJI Chandrachud
Chief Justice of India (CJI) D.Y. Chandrachud on Friday said that International Yoga Day is not only a day of celebration and observance but marks the importance of yoga in maintaining a balanced lifestyle. CJI Chandrachud said that Yoga combines physical exercise with spirituality and narrated the importance of humility in conducting yogic practices.

Yoga Day marks importance of yoga in maintaining a balanced lifestyle: CJI Chandrachud