NewzVille Desk
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, Union Minister of State (Independent Charge) for Science & Technology, Dr. Jitendra Singh, said today.
Speaking at Times Network media conclave, he said India is now among the first few countries in the world to have a dedicated Biotechnology policy, that is BiOE3. We also have a National Quantum Mission, India AI Mission and have made rapid advances in Space and other frontier areas.
He said India’s space economy, which was earlier almost negligible, has grown to around USD 9 billion and is projected to reach USD 40–45 billion within the next eight to nine years.
Dr. Jitendra Singh participated in an interaction with the media at the conclave, attended by technology developers, industry leaders and other stakeholders.
The discussion focused on India’s emergence as a global manufacturing and technology hub, the rapid pace of technological change, innovation, private-sector participation and the opportunities emerging in frontier sectors.
The Minister also congratulated the winners of the Digital Appliance Awards.
