Tuesday, May 12, 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

100 CCTV footage helps Delhi Police nab man in hit-&-run case

100 CCTV footage helps Delhi Police nab man in hit-&-run case
A 27-year-old man died and another was injured after they were hit by a car in Delhi, an official said on Thursday, adding that they have arrested the accused after scanning over 100 CCTV cameras installed in the vicinity of the scene of crime. The deceased was identified as Karan Gupta, a resident of Vishnu Garden. The injured was identified as Omkar Patle, a resident of Raghuveer Nagar and was undergoing treatment at a hospital.

100 CCTV footage helps Delhi Police nab man in hit-&-run case

Foreign-based gangster's operative arrested in Punjab

Foreign-based gangster's operative arrested in Punjab
The accused had also put kerosene on the bodies and faces of both deceased women before setting them ablaze. Police teams have also recovered two pistols along with two magazines and 10 cartridges from their possession.

Foreign-based gangster's operative arrested in Punjab

Wanted criminal with Rs 1L bounty arrested in Gurugram

Wanted criminal with Rs 1L bounty arrested in Gurugram
An inter-state criminal carrying a reward of Rs one lakh was arrested in Haryana's Gurugram, police said on Thursday. According to the police, a crime branch team of the Gurugram Police had nabbed seven people in May 2023 from village Mahendrawada in the Bhondsi area while planning to commit robbery in the city.

Wanted criminal with Rs 1L bounty arrested in Gurugram

Govt approves 97 Tejas fighter jets, 156 helicopters for IAF

Govt approves 97 Tejas fighter jets, 156 helicopters for IAF
The Defence Acquisition Council (DAC) on Thursday approved the purchase of 97 Tejas fighter jets and 156 Prachanda Helicopters for the Indian Air Force as part of a Rs 1.4 lakh crore package that will go to public sector Hindustan Aeronautics Ltd (HAL), a senior official confirmed. The DAC headed by Defence Minister Rajnath Singh also gave the go-ahead for the IAF’s plan to upgrade 84 Sukhoi 30 fighter jets.

Govt approves 97 Tejas fighter jets, 156 helicopters for IAF

PM Modi to take forward G20 steps on climate action at COP28 in Dubai

PM Modi to take forward G20 steps on climate action at COP28 in Dubai
Prime Minister Narendra Modi on Thursday said that he was looking forward to the COP28 summit in Dubai, to move ahead with the concrete steps on climate action that formed part of the New Delhi declaration of the G20.  PM Modi said that COP28 will also provide an opportunity to review progress made under the Paris Agreement, and chart the future course on climate action.

PM Modi to take forward G20 steps on climate action at COP28 in Dubai

Congress leads BJP in Chhattisgarh: Exit Poll

Congress leads BJP in Chhattisgarh: Exit Poll
An exclusive Exit Poll conducted by CVoter for ABP News has revealed that the Congress is tantalisingly close to retaining Chhattisgarh in the latest round of Assembly elections. This is in contrast to the previous elections in 2018, when the Congress had ended the 15-year reign of the BJP by sweeping the state, winning 68 out of 90 seats.  

Congress leads BJP in Chhattisgarh: Exit Poll