Republic of India - Fourth Industrial Revolution

[Hindustani78]

11-October, 2018 17:28 IST
Launch of the Centre for the Fourth Industrial Revolution

The Prime Minister, Shri Narendra Modi, today attended, and delivered an address at the event to mark the launch of the Centre for the Fourth Industrial Revolution.

He said the components of “Industry 4.0” actually have the ability to transform the present and future of human life. He said the launch of this Centre, the fourth in the world after San Francisco, Tokyo and Beijing, opens the door to immense possibilities in the future.

He said emerging fields, including Artificial Intelligence, Machine Learning, Internet of Things, Blockchain, and Big Data, can take India to new heights of development, and improve the quality of life of its citizens. He said that for India, this is not just an industrial transformation, but a social transformation. He said Industry 4.0 has the strength to drive irreversible positive change in India. He added that it will help bring the required speed and scale to work being done in India.

The Prime Minister mentioned how the Digital India movement has brought data to villages of India. He explained how tele-density, internet coverage, and mobile internet subscriptions have increased in the recent past. He spoke of the rapid growth in number of Common Service Centres in India. He said that India has the highest mobile data consumption in the world, and is also the country where data is available at the lowest price. In this context he spoke of India’s digital infrastructure, and its interfaces including Aadhaar, UPI, e-NAM, and GeM. He said that a national strategy for creating a robust infrastructure for research in Artificial Intelligence has been prepared a few months ago. He said this new Centre will strengthen this process. He said that Industry 4.0, and the expansion of Artificial Intelligence, would lead to better healthcare, and reduce expenditure on health. He said it would also help farmers, and be of immense help in the agriculture sector. He mentioned other areas such as transportation and smart mobility, where it could play a key role. He said that as work progresses in India, in these areas, one of the targets is “Solve for India, Solve for the World.

The Prime Minister expressed confidence that India would be able to take advantage of the fourth Industrial Revolution. He added that India would also make an immense contribution to it. He said that Government initiatives including Skill India Mission, Start Up India, and Atal Innovation Mission are preparing our youth for new and emerging technologies.

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[Hindustani78]

Ministry of Commerce & Industry
12-October, 2018 11:28 IST
New Industrial Policy to Transform India into Global Leader in Fourth Industrial Revolution Technologies

Commerce & Industry Minister speaking about the challenges and opportunities of the 4th Industrial Revelation for India

The New Industrial Policy framed and all stakeholders embodies the intention to align Republic of India with the emerging technologies of drones, artificial intelligence and block chain. At the launch of the Centre for the Fourth Industrial Revolution, Republic of India.

The policy is in sync with the challenges and opportunities for India with the fourth industrial revolution technologies and will place the country firmly in the global supply and value chains.

The fourth Industrial revolution is driven by digital technology and India is on track to adopt digital technology in every aspect of governance. This will help the country to leap frog into the global supply chain. Recently launched Digi yatra as an example of Republic of India’s vision to transform the country into a digitally empowered society.

Setting up a Centre for the Fourth Industrial Revolution in Maharashtra. The other centres are in San Francisco, USA, Japan and China. Artificial intelligence, block chain and drones are the first three projects of the centre in India. WEF will work in collaboration with the NITI Aayog, business leaders, academia and start-ups in these projects.

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