Monday, May 11, 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, Assam CM condole deaths in road accident

PM Modi, Assam CM condole deaths in road accident
Prime Minister Narendra Modi and Assam Chief Minister Himanta Biswa Sarma on Wednesday condoled the deaths of 12 people in a road accident in the state's Golaghat district. The accident which occurred at about 5 a.m. in the Balijan area near Dergaon town also left 25 people injured.  

PM Modi, Assam CM condole deaths in road accident

India reports 602 new Covid cases, 511 of JN.1 series variant

India reports 602 new Covid cases, 511 of JN.1 series variant
India has recorded 602 new Covid-19 infections in the past 24 hours, pushing the the total number of active cases to 4,440 on Wednesday. The country had recorded 865 new cases on May 19. Five new fatalities -- one each from Karnataka, Tamil Nadu and Punjab, two from Kerala -- have been reported in the span of 24 hours, according to the ministry's data.  

India reports 602 new Covid cases, 511 of JN.1 series variant

Oil Minister rules out cut in fuel prices

Oil Minister rules out cut in fuel prices
Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Wednesday that there was no proposal to cut petrol and diesel prices at present as there was “high volatility” in global crude oil prices. The minister dismissed media reports about a fuel price cut as 'speculative', saying the government's top priority is energy availability.

Oil Minister rules out cut in fuel prices

Akali Dal to hold Punjab Bachao Yatra from Feb 1

Akali Dal to hold Punjab Bachao Yatra from Feb 1
The Shiromani Akali Dal (SAD) on Wednesday decided to hold a Punjab Bachao Yatra from February 1 to take the Aam Aadmi Party (AAP) government to task for failing Punjab on all fronts. The core committee decided to hold a Punjab Bachao Yatra from February 1 to expose the AAP government which had betrayed all sections of people, including farmers, weaker sections of society, trade and industry, youth and government employees.

Akali Dal to hold Punjab Bachao Yatra from Feb 1

Two wanted sharpshooters held in Delhi

Two wanted sharpshooters held in Delhi
The Crime Branch of Delhi Police has arrested two wanted sharpshooters of the notorious Himanshu a.k.a. Bahu and Naveen Bali gang following an exchange of fire, an official said on Wednesday, adding both were wanted in an extortion cum attempt to murder case. The arrested individuals were identified as Kapil a.k.a Mota (22) and Rahul (19), both residents of Rohtak district in Haryana.

Two wanted sharpshooters held in Delhi

Liquor outlets at railway, metro stations: Akhilesh slams decision

Liquor outlets at railway, metro stations: Akhilesh slams decision
The Samajwadi Party has slammed the Yogi Adityanath government's decision to set up liquor outlets at railway platforms, Metro stations and cruises. Samajwadi Party (SP) chief Akhilesh Yadav said the move was "immoral" and against public interest. The state cabinet on Tuesday had given nod to setting up of liquor outlets at railway stations on the lines of similar outlets operating at airports.  

Liquor outlets at railway, metro stations: Akhilesh slams decision