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Fourth Industrial revolution driven by digital technology will help India to leap frog into the global supply chain: Suresh Prabhu

Capital Market 

The New Industrial Policy framed by the in consultation with all Ministries of Government of India, State Governments, Industry and all stakeholders embodies the Government's intention to align with the emerging technologies of drones, and This was stated by the Union of Commerce & Industry and Civil Aviation, Suresh Prabhu, at the launch of the Centre for the Fourth Industrial Revolution, India, by the Geneva-based (WEF) yesterday in

The further said that the policy is in sync with the challenges and opportunities for with the technologies and will place the country firmly in the global supply and value chains.

went on to state that the is driven by and is on track to adopt in every aspect of governance.

This will help the country to leap frog into the global supply chain. gave the example of the recently launched yatra by the as an example of India's vision to transform the country into a digitally empowered society.

The WEF is setting up a Centre for the in The other centres are in San Francisco, USA, and Artificial intelligence, and drones are the first three projects of the centre in India. WEF will work in collaboration with the Aayog, business leaders, academia and start-ups in these projects.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 12 2018. 14:58 IST
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