Modi sees India's big contribution to ‘4th Industrial Revolution’

Modi sees India’s big contribution to ‘4th Industrial Revolution’

Modi sees India’s big contribution to ‘4th Industrial Revolution’,PM addresses event to mark 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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“India was not independent when the first and second industrial revolution happened.When the third one happened, India was struggling with challenges of just attained independence”

Prime Minister Narendra Modi on Thursday allayed fears of job loss due to technological development, saying the ‘4th Industrial Revolution’ will change the nature of jobs and provide more opportunities.
He was speaking at the launch of the World Economic Forum (WEF) Centre for the Fourth Industrial Revolution.
The government was open to policy changes to help reap benefits of the ‘4th Industrial Revolution’.
“Our diversity, our demographic potential, fast-growing market size and digital infrastructure have the potential to make India a global hub of research and implementation,” he said.

‘India’s contribution will be astonishing’

While the previous industrial revolutions eluded the country, India’s contribution to the ‘4th Industrial Revolution’ would be astonishing, he observed.
“India was not independent when the first and second industrial revolutions happened. When the third one happened, India was struggling with challenges of just attained independence,” he pointed out.
Artificial intelligence, machine learning, Internet of Things, blockchain and big data hold the potential to take India to new heights, he stated.
Reeling out his government’s achievements, he said teledensity had increased to 93% and nearly 50 crore Indians now had mobile phones.
India was the largest mobile data consuming country in the world and also the one with the cheapest data rates. Mobile data consumption had increased 30 times in four years and over 120 crore Indians have Aadhaar, he said.
Work to connect all the 2.5 lakh village panchayats with optic fibre would be completed soon.In 2014, only 59 panchayats were connected with optic fibre, while presently 1 lakh were connected, he noted.