The World Economic Forum (WEF) has chosen Hyderabad for establishing its Center for the Fourth Industrial Revolution (C4IR) focused on healthcare and life sciences.
Key points
- The C4IR Telangana will be an autonomous, non-profit organisation and the only such of World Economic Forum in India with a thematic focus on healthcare and life sciences.
- C4IR Telangana will be the 18th centre to join WEF’s Fourth Industrial Revolution (4IR) network that spans four continents. With the centre, Telangana is poised to become an important node in the global network of 4IR centres.
- With the support of the Forum’s global network of Fourth Industrial Revolution centres and the backing of the State and Central governments in India, the centre will be a key player in driving stakeholder engagement, building bridges between the public sector as well as small and medium enterprises and supporting job creation in the healthcare sector.
- The centre will facilitate, advance and accelerate development and adoption of newer technologies including genomics, personalised medicine and healthcare manufacturing, with a focus on the interplay between life sciences and technology in the region and globally.
- It will leverage on the strengths the State possesses such as abundant availability of talent pool, world class infrastructure and cluster-based approach besides the progressive industrial policies of the government.
(Source: The Hindu)
