Monday, December 22, 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

Punjab to have special counter at IGI Airport to facilitate NRIs

Punjab to have special counter at IGI Airport to facilitate NRIs
Punjab Chief Minister Bhagwant Mann on Wednesday announced to set up a special counter at New Delhi's Indira Gandhi International Airport to facilitate Punjabis, especially NRIs. Officials said an agreement has been signed between the state government and GMR for setting up the facilitation centre to extend all possible help to NRIs and other passengers at the airport.

Punjab to have special counter at IGI Airport to facilitate NRIs

India exported non-basmati rice worth $123 million in April-May

India exported non-basmati rice worth $123 million in April-May
India exported non-basmati rice worth $ 122.7 million during April-May in the current financial year. The government is closely monitoring the production, availability and export situation to assess suitable policy intervention, as per Minister of State for Commerce and Industry Jitin Prasada's written reply to the Lok Sabha.

India exported non-basmati rice worth $123 million in April-May

'Atishi to hoist Tricolour on August 15', Delhi CM writes to L-G

'Atishi to hoist Tricolour on August 15', Delhi CM writes to L-G
Delhi Chief Minister Arvind Kejriwal on Wednesday wrote to Lieutenant Governor (L-G) V.K. Saxena, informing him that Education Minister Atishi Marlena will hoist the flag in his place on August 15. CM Kejriwal is currently lodged in Tihar jail in connection with corruption and money laundering cases linked to the alleged Delhi excise policy scam.

'Atishi to hoist Tricolour on August 15', Delhi CM writes to L-G

Home affordability remains stable in India as interest rates stay steady

Home affordability remains stable in India as interest rates stay steady
Home affordability has remained stable in the first half this year as interest rates have stayed steady since the end of 2023, a report showed on Wednesday. According to Knight Frank India’s Affordability Index, Ahmedabad is the most affordable housing market among the top eight cities, with a ratio of 21 per cent.

Home affordability remains stable in India as interest rates stay steady

ISRO to celebrate I-Day by launching earth observation satellite

ISRO to celebrate I-Day by launching earth observation satellite
The Indian Space Research Organisation (ISRO) said the SSLV’s third and final development flight will be on August 15, 2024 at 9.17 a.m. from the country’s rocket port in Sriharikota, Andhra Pradesh. The rocket will carry the microsatellite called EOS-08 weighing about 175.5 kg.

ISRO to celebrate I-Day by launching earth observation satellite

PM Modi to visit landslide-struck Wayanad on Aug 10

PM Modi to visit landslide-struck Wayanad on Aug 10
Prime Minister Narendra Modi is scheduled to visit landslide-struck Wayanad in Kerala on August 10 (Saturday) and interact with the survivors of the disaster that hit the southern state last month, a source said on Wednesday. The Prime Minister is scheduled to arrive on a special flight that will land in Kannur.

PM Modi to visit landslide-struck Wayanad on Aug 10