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    PM announces AI skilling of 1 crore youth in one year .

    Reliance Industries and Rolls-Royce announce strategic intent to partner and develop India’s indigenous combat engine for the Advanced Medium Combat Aircraft (AMCA) programme

    NDB and Narayana Health Form Alliance to Build Affordable, Tech-Driven Hospitals

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    India has a stable political mandate, a stable government, a vibrant democracy, a strong judicial system and a Constitution that guides us all: PM

    Tata Steel transfers ownership of Jamshedpur Football & Sporting Pvt. Ltd. to Churchill Brothers FC .

    PM announces AI skilling of 1 crore youth in one year .

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    Two Karnataka Officials Conferred President’s Fire Service Medal for Meritorious Service

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    Reliance Industries and Rolls-Royce announce strategic intent to partner and develop India’s indigenous combat engine for the Advanced Medium Combat Aircraft (AMCA) programme

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    India to be an essential player in the next industrial revolution which will be biotechnology and AI driven: Dr Jitendra Singh

    Climate-Smart Farming: How AI and Precision Agriculture Are Transforming India’s Farms’ -By Dr Anubha Jain

    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    IBM to Acquire HRL Laboratories to Power the Future of Quantum.

    ISACA Bangalore Chapter hosts the 29th Annual Karnataka Conference with the theme “Fortify the AI Backbone and Agentic AI – Govern, Secure, and Thrive”.

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    Tata Motors Limited (formerly TML Commercial Vehicles Ltd.) Q1 FY27 Results.

    MG SELECT launches the Couture Edition of M9 at INR 84.94 Lakh and Cyberster at INR 87.49 Lakh

    Toyota Joins in Supporting 2026 Kumamoto Earthquake Relief Efforts.

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    Tata Steel transfers ownership of Jamshedpur Football & Sporting Pvt. Ltd. to Churchill Brothers FC .

    Capri Sports launches Nova Sports, a girls-only football pathway to redefine the future of women’s football in India

    Legends collide: Kapil Dev and IPL star Vaishak Vijaykumar ignite Blasters’ JPL campaign.

    Air India’s Maharaja Club partners with Professional Golf Tour of India to support the growth of golf in the country

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    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

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World Economic Forum Opens Centre for the Fourth Industrial Revolution India

Indian government, States of Andhra Pradesh and Maharashtra and business leaders to pilot emerging technology policies created at the Centre for the Fourth Industrial Revolution India · Artificial intelligence, blockchain and drones selected as first project areas · Policies and frameworks developed in India to be shared and scaled up in global network of centres

by FWM
October 11, 2018
in Business
0

New Delhi, India, 11 October 2018 – India has taken the next step in shaping the future of emerging technology policy with the new Centre for the Fourth Industrial Revolution India, opened today by the World Economic Forum, the International Organization for Public-Private Cooperation.

The Centre for the Fourth Industrial Revolution India will work in collaboration with the government on a national level to co-design new policy frameworks and protocols for emerging technology alongside leaders from business, academia, start-ups and international organizations. The National Institute for Transforming India (NITI) Aayog will coordinate the partnership on behalf of the government and the work of the centre among multiple ministries.

“The Fourth Industrial Revolution will change how we produce, how we consume, how we communicate and even how we live”, said Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. “To make the technological progress human centred, we must pro-actively work together and create the necessary essential principles and policy standards to ensure that we use the full potential for better lives. India is becoming a big technological global force and that’s why I am especially proud to announce the Centre for the Fourth Industrial Revolution India.”

National projects

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Initial efforts at the national level are focused on two emerging technology areas: Artificial intelligence and machine learning, and blockchain and distributed ledger technology. The first project will focus on expanding access to data to accelerate the adoption of artificial intelligence to tackle some of the country’s most pressing socio-economic needs, such as education, healthcare and agriculture. The second will focus on the application of smart contracts to boost productivity and transparency while reducing inefficiency.

“India can be a global leader in Fourth Industrial Revolution technologies,” said Amitabh Kant, Chief Executive Officer of NITI Aayog. “We need to accelerate the adoption of artificial intelligence and blockchain across the country. Democratizing innovation in the artificial intelligence value chain is critical to leverage its true potential and to build sustainable business models. Similarly, blockchain and smart contracts can transform the ease of doing business in India. Together with the Centre of Fourth Industrial Revolution India, NITI Aayog will conduct pilots to explore use cases that can exploit the advantages of these technologies.”

State projects

The Government of Maharashtra in collaboration with the Centre for the Fourth Industrial Revolution India is planning to undertake a drone mapping operation in the agriculture sector. A multistakeholder group of government departments, private sector and civil society groups, including farmer organizations, will co-design a data platform where the data can be used, combined with data from other sources, and analysed to increase efficiency and improve crop yields in a way that is responsible and equitable.

“The Government of Maharashtra is partnering with the Centre of Fourth Industrial Revolution India to work on the Agriculture and Drones project,” said Devendra Gangadharrao Fadnavis, Chief Minister of Maharashtra. “For the first time, we will undertake a project on drones to collect the data that will enable us to improve crop productivity, crop disease surveillance, agriculture prediction and how to advise farmers on appropriate farming practices. Drones have the potential to revolutionize the agriculture sector. This project will coincide with India’s new drones policy and will showcase how drones can help tackle some of society’s toughest challenges. This model could be scaled across India and globally.”

Projects will be scaled across India and globally. As part of the World Economic Forum’s global network, the Centre for the Fourth Industrial Revolution India will work closely with project teams in San Francisco, Tokyo and Beijing to share findings and accelerate impact.

The world’s top businesses and most visionary governments are working together to build the policies and rules to make a brighter future.

Tags: World Economic Forum

FWM

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