3 weeks ago
India to be key player in AI, biotechnology-led industrial revolution
Dr Jitendra Singh is a very important leader from the government of India.
He spoke to reporters about what India will do in the future.
He said the world is about to have a new kind of industrial revolution.
That means big changes in how we make and do things.
He said this change will be powered by artificial intelligence, which is like smart computer programs, and biotechnology, which uses science to work with living things.
He said India is one of the first countries to make a special plan for biotechnology, called BioE3.
India also started a mission for AI and a mission for quantum science.
He said India was late to the last big change, which was about computers, but this time it is early.
He also talked about space and said India's space business is now worth about $9 billion, and it may grow to $40-45 billion in the next eight to nine years.
Union Minister of State Dr Jitendra Singh said India will be an essential player in the next industrial revolution, driven by biotechnology and artificial intelligence.
India is among the first countries to have a dedicated biotechnology policy, BioE3, and has also launched the National Quantum Mission and IndiaAI Mission.
Unlike the previous IT-driven industrial revolution, in which India joined late, the country is now among the early movers shaping the next wave of innovation.
The global economy is gradually shifting toward frontier sectors including biotechnology, AI, recycling and the circular economy.
India's space economy has grown to around $9 billion and is projected to reach $40-45 billion in the next eight to nine years, aided by private-sector participation allowed since 2020.
- Who
- Union Minister of State Dr Jitendra Singh
- What
- Announced that India is positioned to be a key player in the next industrial revolution, driven by AI and biotechnology, citing initiatives such as the BioE3 policy, National Quantum Mission and IndiaAI Mission.
- Where
- New Delhi, at a media conclave attended by technology developers, industry leaders and other stakeholders
- When
- Sunday (exact date not specified)
- Why
- India aims to be among the early movers in the global shift toward frontier sectors such as biotechnology, AI, recycling and the circular economy, having been late to the IT-driven industrial revolution.
Key facts
- Speaker
- Dr Jitendra Singh, Union Minister of State
- Location
- New Delhi
- Event
- Media conclave
- Key initiatives
- BioE3 policy, National Quantum Mission, IndiaAI Mission
- BioE3 full form
- Biotechnology for Economy, Employment and Environment
- Current space economy
- Around $9 billion
- Projected space economy
- $40-45 billion over the next 8-9 years
- Space sector reform
- Opened to private participation in 2020
Quotes
Dr Jitendra Singh
Union Minister of State for Science and Technology
“India will be an essential player in the next industrial revolution which will be biotechnology and AI driven, unlike the last industrial revolution which was IT driven and India was late in becoming a part of that”
thehansindia.com
“India is now among the first few countries in the world to have a dedicated Biotechnology policy, that is BiOE3”
thehansindia.com
Sources
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