To make India a $5 trillion economy by 2024-2025 as the fourth Industrial Revolution or Industry 4.0 knocks at the door, the country urgently requires a renewed focus on skilling the youth in advanced technologies as robotics, Artificial Intelligence (AI), Internet of Things (IoT), 3D printing, data analytics and quantum computing.
The onus to create New-Age coders – millennials who can write Cloud and AI-driven algorithms and help create secure software and apps — lies completely with the public-private sector collaborations so that India first becomes a $3 trillion digital economy on way to hit the $5-trillion mark. According to policy think-tank Broadband India Forum (BIF), IoT and AI-based applications will create over 28 lakh jobs in rural India over a period of eight to 10 years with an annual value of Rs 60,000 crore. Source
