Union Minister Piyush Goyal emphasized the importance of investments in robotics, automation, machine learning, 3D manufacturing, and next-generation factories at the Startup Mahakumbh in Delhi. He credited India’s entrepreneurial spirit and technological advancements for its status as the world’s third-largest startup ecosystem.
Goyal encouraged Indian investors to support the domestic startup ecosystem and reiterated the government’s commitment to fostering innovation and entrepreneurship. He assured that the government would support those facing challenges in their startup journey and encourage perseverance.
He also stressed the need for increasing domestic capital investments, stating that a strong foundation of indigenous investment is crucial to reducing dependency on foreign capital and ensuring long-term economic resilience. Other notable developments include the signing of agreements with Deutsche Messe and Riyadh.
Exhibition Company, the development of the Guwahati Ring Road project, the approval of the Uttar Pradesh Braj Teerth Vikas Parishad’s Mathura Link Road project, and the approval of the Western Ring Road for Vellore New Delhi, India – Union Minister for Commerce and Industry, Piyush Goyal, has emphasized the need.
Investments in emerging technologies to drive India’s vision of Viksit Bharat 2047, a long-term roadmap for making India a developed nation. Addressing industry leaders, policymakers, and technology innovators, Goyal called for accelerated adoption of AI, quantum computing, green energy, and digital transformation to propel India’s economic and technological growth.
Key Highlights of Goyal’s Address
During a high-profile industry summit, Goyal outlined the critical role of emerging technologies in shaping India’s economic future. The key takeaways from his Strengthening India’s capabilities in quantum technologies for secure communication, data encryption, and next-generation computing address included Encouraging AI-driven.
- Green Energy & Sustainability: Promoting investments in transition towards a to enhance industrial productivity, governance efficiency, and digital inclusion Expanding India’s digital economy through seamless fintech innovations, UPI global outreach, and blockchain-based governance solutions Adopting robotics, 3D printing, IoT, and smart manufacturing for enhanced production efficiency and global competitiveness.
The Viksit Bharat 2047 initiative aims to transform India into a globally competitive economy driven by innovation and sustainability. The core pillars of this vision Leveraging deep-tech solutions to create new include Equipping India’s workforce with next-generation digital skills to drive the technology revolution Expanding smart cities, high-speed connectivity, and logistics powered by AI and IoT.
Government’s Commitment to Technology-Driven Growth
Goyal reaffirmed the government’s commitment to fostering an innovation-driven to support entrepreneurship ecosystem, highlighting key policy measures such as for high-tech manufacturing Speaking at the event, Goyal stated, “India stands at the cusp of a major transformation. With the right investments in technology.
While India’s push for Viksit Bharat 2047 presents immense opportunities, challenges such as technology adoption barriers, skilled workforce shortages, and regulatory hurdles must be addressed. The government is working to streamline policies, incentivize research, and foster industry-academia collaboration to overcome these challenges.
Piyush Goyal’s call for investment in emerging technologies underlines India’s ambition to be a global leader in innovation and sustainability. By prioritizing AI, green energy, quantum computing, and Industry 4.0, the nation is gearing up for a transformative journey towards.
Viksit Bharat 2047. infrastructure, we can build a self-reliant and globally competitive economy by 2047. Strategic partnerships, policy support, and a robust digital ecosystem will be crucial in achieving this vision, ensuring India’s leadership in the global technological landscape.
New Delhi, India – Union Minister Piyush Goyal has called for greater investment in emerging technologies to achieve India’s vision. He emphasized AI, quantum computing, green energy, and digital infrastructure as key drivers of growth. The government is committed to fostering and industries through transformation initiatives.
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