Sunday, May 10, 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

Govt should find solution to farmers' demands: Hooda

Govt should find solution to farmers' demands: Hooda
Former Haryana Chief Minister and Congress leader Bhupinder Singh Hooda on Thursday said the government should find a solution to demands of agitating farmers by holding talks. Hooda said the government should accept demands of the farmers. He said that when the Congress government is formed in the state, the responsibility of crop insurance will be handed over to government companies, and farmers will also be guaranteed minimum support price (MSP).  

Govt should find solution to farmers' demands: Hooda

Delhi's poor air quality spikes respiratory, cardiac problems: Doctors

Delhi's poor air quality spikes respiratory, cardiac problems: Doctors
A recent analysis done by the Centre for Research on Energy and Clean Air (CREA) showed that Delhi was ranked first on the list of the country's most polluted cities in January. Of the 254 cities, Delhi's pollution levels were recorded at the highest with the average PM2.5 concentration at 206 micrograms per cubic metre.

Delhi's poor air quality spikes respiratory, cardiac problems: Doctors

PM Modi to lay foundation of 300 MW solar power plant in Bikaner

PM Modi to lay foundation of 300 MW solar power plant in Bikaner
The Ministry of Coal said that the NLC India Limited, a leading Navratna CPSE, is establishing the 300 MW Solar Power Project at Barsingsar in Rajasthan's Bikaner district as part of the Ministry of New and Renewable Energy's CPSE Scheme. The objective is to ensure affordable power supply to government entities.

PM Modi to lay foundation of 300 MW solar power plant in Bikaner

Lift the social, economic, political blockade of Punjab: Akali Dal

Lift the social, economic, political blockade of Punjab: Akali Dal
Expressing solidarity with farmers, the Shiromani Akali Dal (SAD) on Thursday demanded the lifting of the "social, economic and political blockade of Punjab" and the restoration of the fundamental rights and democratic freedom of the farmers and other Punjabis.

Lift the social, economic, political blockade of Punjab: Akali Dal

Excise policy case: Delhi court extends Sameer Mahendru's interim bail in money laundering case

Excise policy case: Delhi court extends Sameer Mahendru's interim bail in money laundering case
A Delhi court on Tuesday has extended the interim bail of liquor businessman Sameer Mahendru in the excise policy case till February 15. Mahendru had moved an application seeking relief on grounds of his wife’s medical condition. Special Judge M K Nagpal of Rouse Avenue Court granted the accused relief, and directed him to file certain reports related to his wife’s medical condition before the court.  

Excise policy case: Delhi court extends Sameer Mahendru's interim bail in money laundering case

Farmers’ protest: Haryana Police issue advisory for commuters

Farmers’ protest: Haryana Police issue advisory for commuters
In view of the 'Chalo Delhi' call given by the protesting farmers’ organisations, the Haryana Police on Wednesday advised the commuters to opt for train as a precautionary measure, rather than travelling by road to commute between Chandigarh and Delhi. From Chandigarh to Delhi, the advisable land route is via Panchkula, Barwala, Dosarka, Barara, Babain, Ladwa and Pipli-Kurukshetra. The other land route to reach the national capital is via Panchkula, Barwala, Yamunanagar (NH-344), Ladwa, Indri and Karnal.

Farmers’ protest: Haryana Police issue advisory for commuters