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

Cash, gold worth about Rs 17 crore seized in Andhra Pradesh

Cash, gold worth about Rs 17 crore seized in Andhra Pradesh
Unaccounted cash, gold, and silver worth nearly Rs 17 crore have been seized in Andhra Pradesh ahead of simultaneous elections to the state Assembly and Lok Sabha. During the checking at different places, the police have seized the cash and other valuables in in Tirupati, Potti Sriramulu Nellore, and Kurnool districts since Thursday.

Cash, gold worth about Rs 17 crore seized in Andhra Pradesh

Himachal factory fire: 24 workers sustain burn injuries

Himachal factory fire: 24 workers sustain burn injuries
At least 24 workers of a factory sustained burn injuries after a massive fire broke out on Friday at a cosmetic product manufacturing unit in Himachal Pradesh's industrial hub Baddi in the state's Solan district. The fire incident happened at the 'Aroma Cosmetic' factory in Jharmajri village. Four of the injured individuals have been referred to the PGI in Chandigarh.  

Himachal factory fire: 24 workers sustain burn injuries

Gurugram: Police raid 2 cafes for illegally serving hookah, narcotic substance

Gurugram: Police raid 2 cafes for illegally serving hookah, narcotic substance
A joint team of the Chief Minister's flying squad and the drugs control department raided two cafes in Sector-53 on the intervening night of Thursday and Friday and nabbed three persons for allegedly serving hookah and narcotic substance to the customers, the police said on Friday. The suspects were arrested from Xero Degree Cafe and Imli Cafe located in the Central Plaza Mall in Sector-53.

Gurugram: Police raid 2 cafes for illegally serving hookah, narcotic substance

Water tanker meant for Manipur police hijacked in Moreh

Water tanker meant for Manipur police hijacked in Moreh
The development came a day after radical village volunteers in Tengnoupal district asked the traders not to sell essential items, even water, to state police commandos, who mostly belong to the Meitei community. A police officer in Imphal said that the armed attackers hijacked the water tanker on Thursday and freed the driver in the night, while the ill-fated vehicle remained traceless till late on Friday night.

Water tanker meant for Manipur police hijacked in Moreh

Vinayak Lohani: A Journey of Selfless Service

Vinayak Lohani: A Journey of Selfless Service
Starting with just three children in a modest rented apartment in West Bengal, Parivaar has evolved into a beacon of hope for numerous children, who are highly vulnerable to exploitation, victimization, and trafficking, including orphans, street children, abandoned children, and extremely impoverished children from tribal areas. Beyond this, the organization conducts various humanitarian activities for the destitute, including the elderly and those without shelter.

Vinayak Lohani: A Journey of Selfless Service

Around 300 vehicles charred in fire at Delhi Police malkhana

Around 300 vehicles charred in fire at Delhi Police malkhana
Around 300 vehicles were gutted after a fire broke out at malkhana at Police Training School (PTS) in Delhi’s Wazirabad area, a police official said on Monday. Deputy Commissioner of Police (northeast) Joy Tirkey said that at 12:35 a.m., fire was reported at malkhana behind PTS.

Around 300 vehicles charred in fire at Delhi Police malkhana