Tuesday, December 16, 2025
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 emerging as major centre of affordable medical tourism: President Murmu

India emerging as major centre of affordable medical tourism: President Murmu
Addressing the first convocation of AIIMS Mangalagiri in Andhra Pradesh today, the President said that with talent and hard work, Indian doctors have earned a leading position in the world.

India emerging as major centre of affordable medical tourism: President Murmu

RG Kar case: Doctors' body might move Calcutta HC today as police deny permission for protest

RG Kar case: Doctors' body might move Calcutta HC today as police deny permission for protest
West Bengal Joint Platform of Doctors, an umbrella association of senior doctors in the state, might move Calcutta High Court on Tuesday challenging the denial of permission by Kolkata Police to stage a 10-day sit-in-demonstration to protest the "default bail" to the two accused in the RG Kar rape and murder case.

RG Kar case: Doctors' body might move Calcutta HC today as police deny permission for protest

PM Modi inaugurates projects worth Rs 46,300 crore in Rajasthan

PM Modi inaugurates projects worth Rs 46,300 crore in Rajasthan
PM Modi said the government led by Chief Minister Bhajan Lal Sharma has made efforts to strengthen the heritage of good governance in the last one year and taken decisions for the development of the poor families, women, labourers, Vishwakarmas and nomadic tribes.

PM Modi inaugurates projects worth Rs 46,300 crore in Rajasthan

BJP slams AAP for five poll guarantees for Patiala MC polls

BJP slams AAP for five poll guarantees for Patiala MC polls
“The Aam Aadmi Party is nothing but just a party filled with lies and fake promises. Before the Vidhan Sabha elections also they had given a guarantee to the women of Punjab that they would give every woman Rs 1000 per month, it's been nearly three years and they have completely failed to fulfil their guarantee,” she said.

BJP slams AAP for five poll guarantees for Patiala MC polls

Three trying to rob police team at gunpoint arrested in Gurugram

Three trying to rob police team at gunpoint arrested in Gurugram
The police team headed by Inspector Vishwagaurav, Incharge Crime Branch Sector-39, Gurugram received information regarding three accused with weapons trying to rob the people near DPG College Sector-72, Gurugram.

Three trying to rob police team at gunpoint arrested in Gurugram

Punjab DGP orders action for attack on police station

Punjab DGP orders action for attack on police station
Punjab Director General of Police (DGP), Gaurav Yadav, on Tuesday visited the city and directed officers to take strict action against the perpetrators of the attack on a police station. The visit came a few hours after an incident reported at Amritsar’s Islamabad police station at around 3 A.M.

Punjab DGP orders action for attack on police station