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Source-This post is based on the article ‘’ Telangana signs agreement with WEF for setting up C4IR in Hyderabad’’ published in ‘’The Hindu’’ on 17th January 2024.
Why in the news?
The World Economic Forum has agreed to set up its Centre for Fourth Industrial Revolution (C4IR) in Hyderabad.
What is Centre For Fourth Industrial Relation?
C4IR stands for the Centre for Fourth Industrial Revolution. It is an initiative by the World Economic Forum (WEF) to establish centers that focus on harnessing the potential of technological progress for human-centric transformation of industries, economies and societies.
The agreement between Telangana government and WEF aims to use technology for improvement in the life sciences and healthcare sector. The focus of C4IR is to provide the best healthcare services to small towns and villages.
What is Meant by The 4th Industrial Revolution?
The Fourth Industrial Revolution is the current and developing environment in which disruptive technologies and trends such as the Internet of Things (IoT), robotics, virtual reality (VR) and artificial intelligence (AI) are changing the way modern people live and work.
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization for public–private sector collaboration based in Switzerland. It was founded on 24 January 1971 by Klaus Schwab.
UPSC Syllabus: Science and technology.
