Modi inaugrates Centre for 4th Industrial Revolution in New Delhi; says IT, youth are India’s 2 major assets

By: | Updated: October 11, 2018 5:51 PM

Information technology (IT) and youth are India’s two major assets and the launch of Centre of Fourth Industrial Revolution in the country after San Francisco, Tokyo and Beijing opens up doors to immense possibilities in the country, Prime Minister Narendra Modi said.

Uttarakhand Investors Summit, Uttarakhand Investors Summit 2018, Uttarakhand Investors Summit live, Uttarakhand Investors Summit 2018 live updates, Uttarakhand Investors Summit narendra modi, narendra modi, pm narendra modi, trivendra singh rawat, trivendra rawat, Uttarakhand Investors Summit dehradunAI, machine learning, IoT, blockchain, big data hold potential to take India to new heights, said Modi. (Source: PTI)

Information technology (IT) and youth are India’s two major assets and the launch of Centre of 4th Industrial Revolution in the country after San Francisco, Tokyo and Beijing opens up doors to immense possibilities in the country, Prime Minister Narendra Modi said on Thursday. Such a revolution is crucial for the economy and India should take advantage of the revolution, he said at launch of World Economic Forum’s Centre for 4th Industrial Revolution. “India is a UNIQUE success story,” Prime Minister Modi also said.

AI, machine learning, IoT, blockchain, big data hold potential to take India to new heights, said Modi. “AI will help disabled overcome their difficulties and the challenged will gain confidence.” Prime Minister Narendra Modi also congratulated the Maharastra government for using drones and Internet of Things in agriculture for ensuring better crop assessment.The teledensity has increased to 93 percent and nearly 50 crore Indians now have mobiles, said Narendra Modi.

India is home to world’s cheapest data and post 2014, the mobile data rates have come down by 95 percent, he added.

India is the largest mobile data consuming country in the world, he added. There is thirty times more mobile data being consumed here, he added.

Speaking about Startup India, prime minister said that the mission has created a vibrant ecosystem in the country. Talking about Aadhaar, Modi said more than 120 crore people have digital identity.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition