In a statement, Commerce and Industry Minister Nirmala Sitharaman said with rapid development in the fields of information technology and hardware, the world is about to witness a fourth industrial revolution.
"Driven by the power of big data, high computing capacity, artificial intelligence and analytics, Industry 4.0 aims to digitise the manufacturing sector," she added.
The panel comprised experts, academics, researchers and industry leaders. They will explore possibilities to leverage AI for development across various fields.
The task force will submit recommendations to the government, industry and research institutions.
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