Sunday, December 21, 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

India and Pakistan extend validity of agreement on Sri Kartarpur Sahib Corridor

India and Pakistan extend validity of agreement on Sri Kartarpur Sahib Corridor
India and Pakistan on Tuesday decided, through diplomatic channels, to extend the validity of the agreement on Sri Kartarpur Sahib Corridor for a further period of five years. The agreement, signed on October 24, 2019 to facilitate the visit of pilgrims from India to Gurdwara Darbar Sahib Kartarpur, Narowal, Pakistan through the Kartarpur Sahib Corridor, was valid for a period of five years.

India and Pakistan extend validity of agreement on Sri Kartarpur Sahib Corridor

India’s annual GDP growth projected to be between 7-7.2 pc in FY25: Deloitte

India’s annual GDP growth projected to be between 7-7.2 pc in FY25: Deloitte
India’s annual GDP growth is projected to be between 7 and 7.2 per cent in FY 2024-2025, a Deloitte report said on Tuesday, which is in line with the Reserve Bank of India’s (RBI) prediction of the country witnessing real GDP growth at 7.2 per cent for FY25. Dr. Rumki Majumdar from Deloitte India said that India’s economy is emerging with resilience as the dust settles after a high-stakes elections period.

India’s annual GDP growth projected to be between 7-7.2 pc in FY25: Deloitte

Bengaluru rains: One body recovered, 21 feared trapped as under-construction building collapses

Bengaluru rains: One body recovered, 21 feared trapped as under-construction building collapses
In a major tragedy amid the rain fury in Bengaluru, one person from Bihar has died and about 21 labourers from different states are feared trapped inside the under-construction building which collapsed in Babusapalya locality of Bengaluru on Tuesday. The official sources stated that the death toll is likely to go up in the tragedy.

Bengaluru rains: One body recovered, 21 feared trapped as under-construction building collapses

PM Modi holds bilateral talks with Iranian President on sidelines of BRICS Summit

PM Modi holds bilateral talks with Iranian President on sidelines of BRICS Summit
Prime Minister Narendra Modi on Tuesday said that a full range of relations between India and Iran was reviewed along with Iranian President Masoud Pezeshkian during the bilateral talks between the two leaders on the sidelines of the BRICS Summit in the Russian city of Kazan.

PM Modi holds bilateral talks with Iranian President on sidelines of BRICS Summit

India-China breakthrough: LAC patrol pact enables disengagement ahead of PM Modi's BRICS engagement

India-China breakthrough: LAC patrol pact enables disengagement ahead of PM Modi's BRICS engagement
PM Modi is leaving for Russia on Tuesday to participate in the BRICS summit, at the invitation of President Vladimir Putin, and this development has come just hours ahead of the trip. The agreement is believed to focus on patrolling in the Depsang and Demchok regions, official sources said.

India-China breakthrough: LAC patrol pact enables disengagement ahead of PM Modi's BRICS engagement

Punjab to host mega parent-teacher meeting on Oct 22

Punjab to host mega parent-teacher meeting on Oct 22
State School Education Minister Harjot Singh Bains said the comprehensive program will run from 9 a.m. to 2.30 p.m., bringing together teachers, students, parents, school management committees and community leaders to deliberate on educational advancement strategies.

Punjab to host mega parent-teacher meeting on Oct 22