Fourth Industrial Revolution to benefit India says Modi

Prime Minister Narendra Modi on Thursday 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.
Speaking at an event to mark the launch of the Centre for the Fourth Industrial Revolution, Mr Modi said the components of “Industry 4.0” actually have the ability to transform the present and future of human life.
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.
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.
The Prime Minister mentioned how the Digital India movement has brought data to villages. He explained how teledensity, internet coverage, and mobile internet subscriptions have increased in the recent past. He spoke of the rapid growth in the number of Common Service Centres.
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 the country’s digital infrastructure and its interfaces including Aadhaar, UPI, e-NAM, and GeM.
A national strategy for creating a robust infrastructure for research in Artificial Intelligence has been prepared a few months ago. This new Centre will strengthen this process. The expansion of Artificial Intelligence would lead to better health care and reduce expenditure on health.
It would also be of immense help in the agriculture sector and other areas such as transportation and smart mobility. 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 and also make an immense contribution to it. “The Government initiatives including Skill India Mission, Start-Up India, and Atal Innovation Mission are preparing our youth for new and emerging technologies,” he added.

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