Centre for the Fourth Industrial Revolution: What is C4IR Telangana?
The World Economic Forum (WEF) has announced the establishment of a Centre for the Fourth Industrial Revolution (C4IR Telangana) in Hyderabad. It will focus on healthcare and life sciences, with the goal of accelerating product development and delivery innovation within the Indian healthcare system.
The C4IR Telangana: A Collaborative Effort
- The C4IR Telangana will be a collaboration between the WEF and the government of Telangana, with the support of the private sector.
- The initiative will be led by the Telangana Life Sciences Foundation, and will be an autonomous non-profit organization.
- The WEF President, Børge Brende, stated that India has a unique opportunity to lead healthcare and life sciences in South Asia, and that the C4IR Telangana will play a key role in driving stakeholder engagement and building bridges between the public sector and small and medium enterprises (SMEs).
- The new Centre will be an autonomous non-profit organization and will be the 18th Centre in WEF’s Fourth Industrial Revolution (4IR) network.
- The establishment of the Centre for the Fourth Industrial Revolution (C4IR) in Hyderabad, India, marks a significant step forward in this effort.
The C4IR Telangana: Facilitating Innovation
The C4IR Telangana will facilitate and accelerate the development of newer technologies, including genomics and personalized medicine. The new centre will be the first healthcare and life sciences 4IR centre in the region and will help to drive stakeholder engagement and build bridges between the public sector and SMEs to address the need for improved healthcare in India.
Month: Current Affairs - January, 2023
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