Industrial Revolution

The Union cabinet is expected to approve this week 12 new industrial cities in different states on the lines of Greater Noida, Uttar Pradesh, and Dholera in Gujarat to boost domestic manufacturing, an official said. Out of the 12 industrial cities, two are coming up in Andhra Pradesh and one in Bihar, the official said. The government in the Budget has announced the development of 'plug and play' industrial parks in or near 100 cities in partnership with states and the private sector to boost manufacturing. The Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh earlier told PTI that eight such cities are already under different stages of implementation. Trunk infrastructure has been created in four cities - Dholera (Gujarat), Auric (Maharashtra), Vikram Udyogpuri (Madhya Pradesh) and Krishnapatnam (Andhra Pradesh) and allotment of land plots is underway for the industry. Similarly, in the other four, the government's special purpose vehicl

India is positioning itself at the forefront of the next industrial revolution with its new biomanufacturing policy designed to tackle food, energy and climate challenges, officials said on Sunday. Approved by the Union Cabinet on Saturday, the BioE3 policy for fostering high-performance biomanufacturing aims to boost innovation and entrepreneurship in different fields. High-performance biomanufacturing involves the production of products ranging from medicine to materials, tackling farming and food challenges, and promoting the manufacturing of bio-based products through the integration of advanced biotechnological processes. Laying the foundation of the BioE3 policy, Finance Minister Nirmala Sitharaman in the Interim Budget had announced a new scheme of bio-manufacturing and bio-foundry to provide environment-friendly alternatives such as biodegradable polymers, bio-plastics, biopharmaceuticals and bio agri inputs. India aims to lead the next industrial revolution. Unlike the ...

The centre will promote partnerships within the framework of the New Industrial Revolution (NIR) to identify interests, challenges, and opportunities in the rapidly evolving industrial landscape

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India cannot afford to miss the fourth industrial revolution, Prime Minister Narendra Modi on Sunday, while stressing that such "repeated opportunities" would not come again.Addressing a gathering after launching developmental projects in Maharashtra, PM Modi said India had already missed out on making the most out of the industrial revolutions in the past."When the first industrial revolution came, India could not take benefit from it. We lagged behind in the second and third industrial revolution, but today when it's time for the fourth industrial revolution, India cannot miss it. A long-term vision is pivotal for stable growth and development. India cannot miss the fourth industrial revolution, opportunity won't come again," PM Modi said.Mentioning the need for permanent solutions to problems, the Prime Minister stated that the country cannot move ahead with shortcuts and highlighted that the "base of permanent development is infrastructure"."No country can run with shortcuts. A ...

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Highlighting the role of science and technology in accelerating the country's development, PM Narendra Modi said that India is moving towards leading the fourth industrial revolution

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He said the small and medium-sized enterprises (SMEs) have the biggest opportunity to leapfrog to the next technology and benefits can be huge for them