Friday, December 19, 2025
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

Cyclone Fengal: MK Stalin requests PM Modi to sanction Rs 2,000 crore interim relief

Cyclone Fengal: MK Stalin requests PM Modi to sanction Rs 2,000 crore interim relief
In his letter to the Prime Minister, the Chief Minister highlighted that the torrential rains, coupled with heavy winds, wreaked havoc across various districts in Tamil Nadu.

Cyclone Fengal: MK Stalin requests PM Modi to sanction Rs 2,000 crore interim relief

Urban Estates will be set up in Punjab cities too: Housing Minister

Urban Estates will be set up in Punjab cities too: Housing Minister
On the lines of big cities, Urban Estates will be developed in smaller cities, equipping them with state-of-the-art facilities, Punjab Housing and Urban Development Minister Hardip Singh Mundian said. A survey of every city is being done and these will be developed soon by the Department, an official statement quoting the minister said on Friday.

Urban Estates will be set up in Punjab cities too: Housing Minister

Over 5 lakh beneficiaries to be covered under Lakshmir Bhandar: Bengal Minister

Over 5 lakh beneficiaries to be covered under Lakshmir Bhandar: Bengal Minister
Labour Minister Malay Ghatak informed the house that child labour has been reduced to zero level in West Bengal over the last three years while explaining the concept of child labour.

Over 5 lakh beneficiaries to be covered under Lakshmir Bhandar: Bengal Minister

Gurugram: Wanted gangster shot dead in police encounter

Gurugram: Wanted gangster shot dead in police encounter
A wanted gangster was shot dead in an encounter by a joint team comprising a special task force (STF) from Bihar Police and a Crime Branch team of the Gurugram Police during the early hours on Friday. The accused had also demanded extortion from Janata Dal (United) MLA Pankaj Mishra and a case was registered against him in this regard at the Sitamarhi Police Station in Bihar, police said.

Gurugram: Wanted gangster shot dead in police encounter

MEA: India has not received any communication on 'legal matter involving private firms and individuals'

MEA: India has not received any communication on 'legal matter involving private firms and individuals'
A flawed understanding of the US Department of Justice (DoJ) indictment by various media -- foreign as well as Indian -- had led to incorrect and reckless reporting of involvement of top officials of one of India's fastest growing corporate in various bribery and corruption charges.

MEA: India has not received any communication on 'legal matter involving private firms and individuals'

Kolkata Metro Railway launches drive to dissuade people from committing suicide

Kolkata Metro Railway launches drive to dissuade people from committing suicide
Metro Railway, Kolkata, has embarked on a drive to try and dissuade people from committing suicide. Since India's first Metro became operational in Kolkata 40 years ago, hundreds of people have taken their own lives by jumping before trains at stations.

Kolkata Metro Railway launches drive to dissuade people from committing suicide