Uttar Pradesh Embraces Industry 4.0 with IBM Partnership
| Aspect | Details |
|---|---|
| Event | Uttar Pradesh nodal technical university partners with IBM for AI and Cloud computing training. |
| Partnership | Abdul Kalam Technical University (AKTU) signs MoU with IBM for free online courses across 500+ affiliated colleges. |
| Objective | Align workforce with Industry 4.0, boosting employment, self-employment, and startup growth. |
| AI Investment in India | Expected to reach USD 5 billion by 2027. |
| AI Spending Growth | 31.5% growth from 2023, highest among eight surveyed countries. |
| Industry 4.0 | Integration of intelligent digital technologies into manufacturing and industrial processes. |
| Technologies Involved | Industrial IoT, AI, big data, robotics, automation. |
| Startup Ecosystem | UP has the 4th largest startup ecosystem in India with about 10,000 recognized startups. |
| Incubators | Over 60 operational incubators, with plans to set up one in every higher educational institution across 75 districts. |
| Women Entrepreneurs | Nearly 4,300 startups are run by women entrepreneurs. |
| Unicorns in UP | Eight out of 108 Indian unicorns are based in UP, including Paytm, Paytm Mall, India Mart, Moglix, Pine Labs, Innovaccer, InfoEdge, and Physics Wallah. |
| Unicorn Definition | A privately owned firm with a market capitalisation of more than USD 1 billion. |