• UGI USER
  • Jan 10, 2024
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Vibrant Gujarat Global Summit

@BJP4India

News

  • The tenth Vibrant Gujarat Global Summit will be opened by Prime Minister Narendra Modi on Wednesday, January 10, 2024, at Mahatma Mandir in Gandhinagar.
  • The inaugural session will be attended by Gujarat Chief Minister, Union Ministers, President of Timor Leste José Ramos-Horta, President of the UAE, Mohamed bin Zayed Al Nahyan among others.
  • The Prime Minister will meet with CEOs of leading international companies following the opening session and during GIFT city’s Global FinTech Leadership Forum, which takes place in the evening, Mr. Modi will speak with well-known business executives.
  • The tenth Vibrant Gujarat Global Summit will have the theme “Gateway to the Future” and has 16 partner organizations and 34 partner countries.
  • About 200 CEOs from around the world are anticipated to attend the summit in addition to the Indian industrialists.
  • This year’s summit will center on emerging industries such as space manufacturing, green hydrogen, semiconductors, and e-mobility.
  • The summit will feature over 2500 B2B and B2C meetings in addition to a number of seminars covering topics such as Industry 4.0, Technology and Innovation, and renewable energy that are pertinent to the entire world.
Industry 4.0

●   From the mid-1900s, there has been a digital revolution, which is the basis of the Fourth Industrial Revolution. It is distinguished by a merging of technologies, making it more difficult to distinguish between the digital, biological, and physical domains.

●   The founder and executive chairman of the World Economic Forum, Klaus Schwab, came up with this phrase.

●   A combination of technologies including robotics, genetic engineering, 3D printing, Internet of Things (IoT), artificial intelligence (AI), and quantum computing have led to the Fourth Industrial Revolution.

●   It is the driving force behind a plethora of goods and services that are quickly becoming necessities in today’s world. These are drastically altering how people produce, trade, and allocate value.

Fintech:

●   Fintech, short for financial technology, is the term used to characterize new technology aimed at streamlining and automating the provision and consumption of financial services.

●   It encompasses any technological advancement in the financial industry aimed at improving financial education and literacy, such as retail banking, investing, and even cryptocurrency (Decentralised Finance, or DeFi).

About Timor-Leste

●   Encircled by coral reefs brimming with marine life, Timor-Leste is a nation located in Southeast Asia that occupies half of the island of Timor. It consists of the minor islands of Atauro and Jaco, the exclave of Oecusse on the northwest side of the island, and the eastern half of the island of Timor, of which Indonesia administers the western half. The Timor Sea divides the nation from its southern neighbor, Australia.

●   Timor-Leste was ruled by Portugal until 1975, when it was overthrown by Indonesia. Through a UN-sponsored act, it became independent in 1999 and the first sovereign state of the twenty-first century (in 2002).

 

 

Source: newsonair

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