"Youth of the country is ready and disruptive": PM Narendra Modi
Addressing the YUGM Conclave held in New Delhi, the PM said,'The youth of the country today is R and D-- ready and disruptive. They are setting new research milestones. The youth of the country today is driving breakthrough innovations... India was recently represented at the global level in the Higher Education Impact rankings. Today, the number of Indian institutions is increasing globally, and not just that, top universities have also started opening branches outside, which will enhance academic exchange. Talent is the trinity of temperament and technology; this will transform the future of the country.'
Speaking about India's AI Mission, Modi said that world-class infrastructure, featuring high-quality data and research facilities, was being built.
'Through the AI mission by India, world-class infrastructure of high-quality data sets and research facilities will be built. Excellence is also being enhanced... we are working towards our vision of making AI in India the best. We are working on having India included in the list of the best future technology,' Modi said.
He further stated that super hubs of artificial intelligence, intelligence systems and others were being launched at IIT Kanpur and IIT Bombay.
'Today, super hubs of artificial intelligence, Intelligence Systems, Bioscience, Biotechnology, Health and Medicine are being launched at IIT Kanpur and IIT Bombay. Today, the Wadhwani Innovation Network has also been launched. A pledge has also been made to advance research in collaboration with the Anusandhan National Research Foundation. I congratulate the Wadhwani Foundation, our IITs and all other stakeholders for this effort,' Modi further stated.
Regarding the goals of developed India, the PM stated that a 25-year timeframe has been set, further emphasising that the journey needs to be completed in the shortest possible time.
'We have set a time frame of the next 25 years for the goal of a developed India. We have limited time; the goals are big. I am not referring to the current situation. That is why it is essential that the journey of our idea, from prototype to product, is completed in the shortest possible time. When we reduce the distance from lab to market, the results of research start reaching people faster. This also motivates the research...' he further said. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
8 minutes ago
- Economic Times
Gen Z are the ‘Luckiest' kids in History, said Sam Altman
Synopsis Still being afraid that Artificial Intelligence will take your jobs, the CEO of OpenAI said in his recent interview that the upcoming generation is very lucky because they have a plethora of resources available to them. Image is AI-generated With the integration of Artificial Intelligence in our jobs, OpenAI CEO Sam Altman has remarked that with the present and the future generation coming into the workforce, they are very fortunate to be able to adapt and integrate AI in their learning. The older generation is still reluctant to adapt to AI or is unable to learn as quickly as the newer his interview with Cleo Abram on the Huge If True podcast, Altman expressed that 'This always happens. And young people are the best at adapting to this. I'm more worried about what it means, not for the 22-year-old, but for the 62-year-old that doesn't want to go retrain or reskill or whatever the politicians call it.' While the OpenAI CEO had a positive view on the adoption of AI in the workforce, the Godfather of AI, Dr. Geoffrey Hinton, warned people that with the growing trajectory of artificial intelligence. Reported to Business Insider, he warned everyone about the future of AI. He also remarked that an AI system may develop its own internal language that humans cannot understand. This is particularly relevant to the students who are about to join the workforce comments are not designed to induce fear in people but to inspire people to take responsibility and caution while using AI. For students, this is an eye-opener to study harder and improve their skill set to build a career as not just a tech person who understands AI, but a professional who can contribute as a communicator and understand the depth of artificial intelligence. Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
The Hindu
11 minutes ago
- The Hindu
Acer opens new laptop manufacturing facility in Puducherry
Taiwanese electronics major Acer on Wednesday (August 13, 2025) expanded its local manufacturing by partnering with Plumage Solutions to make IT hardware at a new facility in Puducherry. They will make computer monitors, All-in-One (AIO) desktops, servers, workstations and power adapters at this new facility. Acer localisation is aimed at increasing domestic production, reducing import dependence, and addressing the rising demand from both urban and emerging markets, the company said. 'The Puducherry facility will enhance supply chain efficiency, shorten delivery timelines at competitive price points.' Puducherry facility has an annual production capacity of 300,000 laptop units and is expected to create new job opportunities. The Plumage Group has a planned an investment of 50 crore over the next 3 to 4 years to support Acer's manufacturing capacity and capability in India. (For top technology news of the day, subscribe to our tech newsletter Today's Cache) 'India is not just a key market for Acer, it's a strategic pillar for our future growth. With this new manufacturing facility in Puducherry, we are proud to take another step toward supporting the Government of India's vision of self-reliance in electronics. The collaboration with Plumage allows us to bring global processes, cutting-edge technology, and high-quality standards to domestic manufacturing, creating a robust and agile supply chain that serves the Indian market more efficiently,' said Harish Kohli, President & MD, Acer India. Mukesh Gupta, Managing Director, Plumage Group, added, 'We are delighted to partner with Acer in this new phase of India's manufacturing journey. This partnership is more than a commercial arrangement — it's a shared commitment to building a sustainable and globally competitive manufacturing ecosystem. By combining Acer's product expertise with our engineering & manufacturing capabilities, we aim to set new benchmarks for quality, efficiency, and innovation in the industry.'
The Hindu
11 minutes ago
- The Hindu
U.S. tariff impact not to last more than six months, says CEA Anantha Nageswaran
Chief Economic Advisor V. Anantha Nageswaran on Wednesday (August 13, 2025) said U.S. tariffs-related challenges will dissipate in the next one or two quarters, and urged the private sector to do more as the country navigates through other longer-term challenges. He attributed the growth slowdown in FY25, which saw a deceleration to 6.5 per cent from FY24's 9.2 per cent, to tight credit conditions and liquidity issues. The right agriculture policies can add 25 per cent to real GDP growth, Mr. Nageswaran added. On the U.S. tariffs, the CEA said it is the second and third order impacts, which will flow once sectors like gems and jewellery, shrimps and textiles have taken the first order brunt, that will be "more difficult" to tackle. The government is aware of the situation and conversations with the impacted sectors have already begun, Mr. Nageswaran said, adding that one will hear from the policymakers in the coming days and weeks but people have to be patient. With speculation on whether U.S. officials will visit India for trade talks later this month as reported, Mr. Nageswaran said the upcoming meet in Alaska between U.S. President Donald Trump and his Russian counterpart Vladmir Putin is likely to influence the outcome. Declining to spell out any details on the trade negotiations between India and the U.S., the academic-turned-advisor said things are very fluid at the world stage right now with relations swinging from cooperation to stalemate, and spelled out his expectation of the impact of 50 per cent US tariff on Indian exports. "I do believe that the current situation will ease out in a quarter or two. I don't think that from a long-term picture, the India impact will be that significant but in the short run, there will be some impact," he said. He said no one can guess the exact reasons why President Donald Trump chose to slap the high tariffs on India, wondering if it's the fallout of Operation Sindoor or something even more strategic. However, the CEA said the focus on tariff-related issues should not blind us to more "important challenges", including the impact of artificial intelligence, reliance on one country for critical minerals, and their processing and strengthening of supply chains. Mr. Nageswaran exhorted the private sector to do more "as we navigate these longer-term challenges, promising that public policy will play the facilitator's role". "Private sector also has a lot of thinking to do, given the massive strategic challenges we face in the coming years... the private sector also has to think about the long-term rather than the next quarter, which is what might have led to many of the challenges we are currently beginning to face," he said in the comments aimed at India Inc. He, however, did not elaborate on the subject any further. Stating that the government has allocated money towards the research purposes, he said it is now for the private sector to up their investments in the area. The Indian youth is staring at both physical and health health issues arising from excess screen use, consumption of ultra processed food, etc, which is leading to anxieties and even suicidal thoughts among people, the CEA said, seeking the private sector's help to tackle the challenge. He welcomed the capital expenditure put in by the private sector in FY26 and data to be released in February next year will attest to the same. The consumption story is "quite healthy", the CEA said, pointing to the data on UPI usage. Specifically on urban consumption, he rued that there is no proper data source to capture services consumption, and added that drawing from listed companies' earnings may also not be the right measure as consumption is moving to the unlisted space. The overall resource mobilisation in the economy is not showing any slackening, the CEA said, asking all to look at banks credit growth, commercial paper issuances, and IPO fundraising together. On China On China, Mr. Nageswaran said "we also need to understand the security dimension and look at the $100 billion trade deficit beyond just the number". As a solution, there is a need to diversify the sources of imports and the CEA stressed that the private sector will have a role to play there. Without naming China, he said only one country supplies critical minerals, which are essential for semiconductors, artificial intelligence tech, and added that the supply is "critically unstable". "We cannot go from crude oil import dependence to critical minerals and ladders import dependence. Understand that crude oil (sources) at least is more diversified," he said. "Indian policy makers must choose between accepting permanent strategic dependence on adversaries or committing the resources necessary for genuine support to independence," Nageswaran said. Stating that AI will cause labour displacement, Nageswaran pitched for caution in AI adoption and added that "we will have to choose the areas in which we allow AI to be deployed and harnessed, and also the speed with which we do so". There is a need to create at least 80 lakh new jobs per annum in the next 10-12 years, he added.
