Unlocking the rural economy will make India a global leader: NITI Aayog

“Futuristic technologies like 5G, AI and robotics will help realize the country’s dream of becoming a world leader at a much faster pace,” he said.

“Futuristic technologies like 5G, AI and robotics will help realize the country’s dream of becoming a world leader at a much faster pace,” he said.

India has the potential to become a world leader by unleashing the full potential of its rural economy, said NITI Aayog Vice President Rajiv Kumar.

“Futuristic technologies like 5G, AI and robotics will help realize the country’s dream of becoming a world leader at a much faster pace,” he said during a virtual speech at the summit. innovation ARTPARK 2022 organized by AI & Robotics Technology Park (ARTPARK), a non-profit foundation based in the city, promoted by IISc and supported by AI Foundry on Monday.

“We are already working with ARTPARK as part of our NITI Atal innovation mission and supporting innovative startups that solve the critical problem of connectivity in rural areas and enable inclusive healthcare and education,” added Mr. Kumar.

Earlier during the inauguration of the one-day summit, CN Ashwath Narayan, Minister of Information Technology, Biotechnology, Science and Technology and Higher Education of Karnataka, said that the ARTPARK initiative would help the country’s youth outside of urban areas not only access next-generation digital opportunities, but also gain the skills they need to thrive in an AI-driven future.

“How to bring the fruits of AI and robotics technology to Bharat to create the next wave of jobs after the wave of IT and BPO is a critical question,” the minister said.

S. Chandrasekhar, Secretary of the Department of Science and Technology, said, “Innovations in digital and physical connectivity are critical to India’s growth and Atmanirbhar’s vision. By bringing together industry, academia and government in an open innovation network, the Ministry of Science and Technology’s NM-ICPS mission is trying a new way to accelerate essential and strategic innovations for the future prosperity of India.

Professor Rangarajan, Director, IISc, Chairman of BOD ARTPARK said: ARTPARK was created to use technology, especially AI and robotics, for the good of the country.

“I am delighted to see that we are trying to use technology to connect the unconnected in various fields such as education and health. IISc is at the forefront of research in cutting-edge technologies such as 5G and the drones and ARTPARK is using this expertise to create a better India for tomorrow,” he added.

Commenting on the possible impact of innovation on the economy, Umakant Soni, CEO of ARTPARK said, “At ARTPARK, we are harnessing the power of AI and robotics to reshape all spheres of business. human: in particular next-generation mobility, education, employment, and the creation of smart and sustainable villages.

According to PwC Research, globally, AI-driven innovations have the potential to create $15.7 trillion in economic value.

An ARTPARK innovation lab was also inaugurated on the IISc campus. The lab would be used by innovators to develop key pieces of technology needed to power Atmanirbhar Bharat.

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