Wednesday, June 25, 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

Customs officials seize marijuana valued at Rs 4cr from passenger in Bhubaneswar airport

Customs officials seize marijuana valued at Rs 4cr from passenger in Bhubaneswar airport
As per a statement issued on Wednesday by the Bhubaneswar Customs, the officials, upon receipt of specific intelligence from the Directorate of Revenue Intelligence, carried out passenger profiling and subsequently intercepted a passenger coming from Bangkok, Thailand on January 14.

Customs officials seize marijuana valued at Rs 4cr from passenger in Bhubaneswar airport

ED Srinagar attaches Delhi property worth Rs 2.25 crore in money laundering case

ED Srinagar attaches Delhi property worth Rs 2.25 crore in money laundering case
The Enforcement Directorate's Srinagar zonal office on Wednesday announced that it has attached property, worth Rs 2.25 crore, in Delhi of a company, accused of fraud, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.

ED Srinagar attaches Delhi property worth Rs 2.25 crore in money laundering case

Rajasthan will become the state with highest volume of water under PM Modi's leadership: Minister

Rajasthan will become the state with highest volume of water under PM Modi's leadership: Minister
He highlighted the significant efforts made by both the Central government under Prime Minister Modi and the state government led by Chief Minister Bhajan Lal Sharma to make the state water-sufficient.

Rajasthan will become the state with highest volume of water under PM Modi's leadership: Minister

Excellent initiative: Ex-servicemen laud Armed Forces Veterans Day programme at Akhnoor

Excellent initiative: Ex-servicemen laud Armed Forces Veterans Day programme at Akhnoor
The event, addressed by Defence Minister Rajnath Singh, brought together Lt Governor Manoj Sinha and Chief Minister Omar Abdullah, to honour the contributions of ex-servicemen.

Excellent initiative: Ex-servicemen laud Armed Forces Veterans Day programme at Akhnoor

CM Atishi discloses Rs 76 lakh assets, up Rs 17 lakh from 2020 polls

CM Atishi discloses Rs 76 lakh assets, up Rs 17 lakh from 2020 polls
Delhi Chief Minister Atishi Marlena’s immovable assets have increased by Rs 17.14 lakh since the last Assembly election while the column for spouse name, which carried a name in 2020, has been left blank in an affidavit filed by her along with nomination papers from Kalkaji constituency.

CM Atishi discloses Rs 76 lakh assets, up Rs 17 lakh from 2020 polls

Punjab Cabinet pays obeisance at historic gurdwara to mark Maghi festival

Punjab Cabinet pays obeisance at historic gurdwara to mark Maghi festival
Punjab Vidhan Sabha Speaker Kultar Singh Sandhwan accompanied by Cabinet Ministers, on Tuesday, paid obeisance at the historic Gurdwara Tutti Gandi Sahib on the occasion of Maghi festival in this Punjab town. A sea of humanity was seen all over the roads leading to the gurdwara.

Punjab Cabinet pays obeisance at historic gurdwara to mark Maghi festival