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Innovation the key to India’s future growth

August 05, 2020

Innovation the key to India’s future growth

With enterprise 4.0 fast making its presence felt throughout sectors, innovation and adoption of new technology hold the important thing for India’s destiny boom, Piyush Goyal, Minister of Commerce and Industry, Government of India, has said.

Goel said, “Unlike the old days, while the rise of industries was once dictated by technological improvement, these days, generation is determining the fate of the industries. Newer technological paradigms like enterprise 4.0 with artificial intelligence, records analytics, IoT, nanotechnology, 5G, robotics quantum computing are these days determining how industries will evolve”.

Stressing that “future strength” will lie in leveraging those new-age technological trends for sustainable growth he added that the government is making efforts to boost up the speed of technological adoption throughout industries.

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