Delhi-NCR, India, State

‘Industry 4.0’ to reduce expenditure on healthcare: PM Modi

'Industry 4.0' to reduce expenditure on healthcare: PM Modi

TIL Desk/National/New Delhi/ Prime Minister Narendra Modi on Thursday said that “Industry 4.0” and the expansion of artificial intelligence would lead to better healthcare and reduce expenditure on health. Addressing an event to mark launch of the Centre for the Fourth Industrial Revolution, Modi said the components of “Industry 4.0” have the ability to transform the present and future of human life.

“The launch of this centre, the fourth in the world after San Francisco, Tokyo and Beijing, opens the door to immense possibilities. Emerging fields, including artificial intelligence, machine learning, internet of things, blockchain, and big data, can take India to new heights of development, improving the quality of life of its citizens,” Modi said.

A national strategy for creating a robust infrastructure for research in artificial intelligence has been prepared a few months ago, he said, adding the new Centre will strengthen this process.  The Prime Minister said that “Industry 4.0” was not just an industrial transformation, but a social transformation for India and it has the strength to drive irreversible positive change. “It will also help bring the required speed and scale to work being done in India.”

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