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

PM Modi releases commemorative postage stamps on Ram temple in Ayodhya

PM Modi releases commemorative postage stamps on Ram temple in Ayodhya
Prime Minister Narendra Modi on Thursday released commemorative postage stamps dedicated to the Ram Temple in Ayodhya and a book of stamps issued on Lord Ram by more than 20 countries. The design of the postage stamp includes the Ram Temple, the chaupai 'Mangal Bhavan Amangal Hari', Sun, Saryu river, and sculptures in and around the temple.    

PM Modi releases commemorative postage stamps on Ram temple in Ayodhya

Punjab CM questions SGPC chief’s silence over Harsimrat’s remark hurting Sikh sentiments

Punjab CM questions SGPC chief’s silence over Harsimrat’s remark hurting Sikh sentiments
Punjab Chief Minister Bhagwant Mann on Thursday questioned the silence of Shiromani Gurdwara Parbandhak Committee (SGPC) President, Harjinder Singh Dhami, over the statement of Lok Sabha MP Harsimrat Kaur Badal, equating the election symbol of the Akali Dal with that of the scales of the first Sikh Guru, Guru Nanak Dev.

Punjab CM questions SGPC chief’s silence over Harsimrat’s remark hurting Sikh sentiments

Parliament security breach: Delhi court denies bail to Neelam Azad

Parliament security breach: Delhi court denies bail to Neelam Azad
A Delhi court on Thursday denied bail to Neelam Azad, one of the six accused in the December 13, 2023, Parliament security breach case. Additional Sessions Judge Hardeep Kaur of Patiala House Court pronounced the order after having it reserved on Tuesday. On Tuesday, the Delhi Police had opposed Azad’s bail plea, saying that the material and documentary evidence demonstrate her involvement in the offence, making her ineligible for release on bail.    

Parliament security breach: Delhi court denies bail to Neelam Azad

2015 drugs case: SC refuses to cancel bail of Punjab Congress MLA Sukhpal Singh Khaira

2015 drugs case: SC refuses to cancel bail of Punjab Congress MLA Sukhpal Singh Khaira
The Supreme Court on Thursday refused to interfere with the order of the Punjab and Haryana High Court granting bail to Congress leader Sukhpal Singh Khaira in a 2015 drug smuggling case. A bench, headed by Justice Bela M. Trivedi, dismissed the special leave petition filed by the Punjab government against the decision passed by the High Court on January 4.    

2015 drugs case: SC refuses to cancel bail of Punjab Congress MLA Sukhpal Singh Khaira

Chandigarh mayor elections: Presiding officer falls sick, polling postponed till Feb 6

Chandigarh mayor elections: Presiding officer falls sick, polling postponed till Feb 6
The Chandigarh Municipal Corporation mayoral election was postponed on Thursday as presiding officer Anil Masih was unwell. In the afternoon, the administration announced the election to the posts of Mayor, Senior Deputy Mayor and Deputy Mayor would be held on February 6. High drama was witnessed as Aam Aadmi Party (AAP) and Congress councillors registered their protest over the postponement of the polls at the last minute.    

Chandigarh mayor elections: Presiding officer falls sick, polling postponed till Feb 6

Heavy police deployment, five tier security for PM's Chennai visit on Friday

Heavy police deployment, five tier security for PM's Chennai visit on Friday
The Greater Chennai police will deploy 22,000 personnel for security during the visit of Prime Minister Narendra Modi to the city on Friday. Modi will be inaugurating the Sixth Khelo India Youth Games at the Jawaharlal Nehru stadium in Chennai on Friday.

Heavy police deployment, five tier security for PM's Chennai visit on Friday