Sunday, December 14, 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

HMPV scare: Bihar govt issues advisory, suggests precautions

HMPV scare: Bihar govt issues advisory, suggests precautions
The Bihar government has taken precautionary measures to address the potential spread of the virus after over five cases of Human Metapneumo Virus (HMPV) have been reported in the country. Bihar Health Minister Mangal Pandey has directed authorities to ensure preparedness, issuing guidelines and setting up measures across health institutions in the state.

HMPV scare: Bihar govt issues advisory, suggests precautions

Punjab: Police officer injured in clash with protesters seeking release of prisoners

Punjab: Police officer injured in clash with protesters seeking release of prisoners
A Chandigarh Police Inspector was injured on Tuesday in a clash with Quami Insaaf Morcha members here after the police fired teargas shells and resorted to cane-charge to prevent them from marching towards Punjab Chief Minister Bhagwant Mann's residence. The Quami Insaaf Morcha has been demanding the release of Sikh prisoners languishing in jails.

Punjab: Police officer injured in clash with protesters seeking release of prisoners

India prepared to respond promptly to any emerging health challenges: J.P. Nadda on HMPV

India prepared to respond promptly to any emerging health challenges: J.P. Nadda on HMPV
Five children tested positive for the virus in Karnataka (2), Gujarat (1), and Tamil Nadu (2). The affected children are recovering well, while one has been discharged, the health authorities said. In a video message, Nadda said that the HMPV virus is not a new virus.

India prepared to respond promptly to any emerging health challenges: J.P. Nadda on HMPV

Protesting farmers have agreed to hold talks with court-appointed panel: Punjab govt tells SC

Protesting farmers have agreed to hold talks with court-appointed panel: Punjab govt tells SC
Senior advocate Kapil Sibal, appearing for the Punjab government, submitted before a bench headed by Justice Surya Kant that the meeting was fixed for 3 p.,m today, where a “breakthrough” is likely to take place.

Protesting farmers have agreed to hold talks with court-appointed panel: Punjab govt tells SC

Will increase opportunities: Pathankot locals count benefits as PM inaugurates Jammu railway division

Will increase opportunities: Pathankot locals count benefits as PM inaugurates Jammu railway division
The inauguration was hailed by PM Modi as a "historic milestone" that would play a significant role in integrating Jammu and Kashmir (J&K) into the national railway network, while fostering infrastructural development across the region.

Will increase opportunities: Pathankot locals count benefits as PM inaugurates Jammu railway division

Prashant Kishor vows to continue hunger strike after being released from jail

Prashant Kishor vows to continue hunger strike after being released from jail
Prashant Kishor, the chief of the Jan Suraj Party, pledged to continue his hunger strike in support of Bihar Public Service Commission (BPSC) candidates after being released from the Beur Central Jail on Monday night. He declared that the movement, initiated in Patna’s historic Gandhi Maidan, would also reach its resolution there, with further plans to be disclosed the following day (Tuesday).

Prashant Kishor vows to continue hunger strike after being released from jail