India launches Centre for 4th Industrial Revolution

Prime Minister Narendra Modi launched India’s Centre for the Fourth Industrial Revolution. Speaking at the occasion, 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. 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 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.