India, Latvia can be vital partners as world economy move towards 4th Industrial Revolution: Naidu

Vice President M Venkaiah Naidu on Monday said India and Latvia can become important partners as the "world economy progresses towards the fourth Industrial Revolution" where technology and innovations will play key roles.

The vice president is on the second leg of his five-day three-nation tour to Lithuania, Latvia and Estonia, the first ever high-level visit from India to the three Baltic countries.

Addressing the Indian community in the Latvian capital Riga, Naidu said, "Latvia and India can become important partners as the world economy progresses towards the fourth Industrial Revolution where technology and innovations will play key roles. I see a lot of scope for Indian and Latvian companies to engage in new-age technologies through collaborations."