City
Epaper

Centre announces 3 CoEs for AI in healthcare, agriculture & sustainable cities

By IANS | Updated: October 15, 2024 17:30 IST

New Delhi, Oct 15 The Union government on Tuesday announced the establishment of three Centres of Excellence (CoE) ...

Open in App

New Delhi, Oct 15 The Union government on Tuesday announced the establishment of three Centres of Excellence (CoE) for Artificial Intelligence (AI) in healthcare, agriculture, and sustainable cities.

The CoEs in AI, to be built with a total financial outlay of Rs. 990.00 Crore over the period of FY 2023-24 to FY 2027-28, is aimed to further boost the start-up ecosystem in the country.

“The three AI-CoEs would emerge as temples of global public good, and also emerge as solution providers of the world,” said Dharmendra Pradhan, Union Minister for Education.

“AI-CoEs will create a new generation of job creators and wealth creators and establish new paradigms of global public good,” the minister said.

The three AI CoEs are aimed at realising the vision of "Viksit Bharat," and will be led by top educational institutions, with industry partners and startups. They will conduct interdisciplinary research, develop cutting-edge applications, and create scalable solutions in these three areas, said the Ministry of Education.

It noted that the initiative aims to galvanise an effective AI ecosystem and nurture quality human resources in these critical fields.

Further, the CoEs are not just institution-based but are designed to serve the entire country, said K. Sanjay Murthy, Secretary of the Department of Higher Education.

Stressing the importance of interdisciplinary research, he mentioned that with the right kind of collaboration among like-minded resources, optimum results can be achieved.

According to Dr. Sridhar Vembu, CEO and Founder of Zoho, these projects will holistically benefit the health of villages, cities, and the people of the country.

“Nurturing the country's talent pool is important to ensure its members flourish and serve the nation in the coming 10 to 20 years,” said Vembu. He added that the CoEs will bootstrap numerous efforts, create companies, nurture talent, and generate opportunities for our talent pool.

The government has also constituted an industry-heavy Apex Committee co-chaired by Vembu to oversee the implementation of the initiative.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologyCapital markets central to 'Viksit Bharat' push, MFs hold huge opportunity: SEBI Chairman

InternationalChina commissions electromagnetic catapults-equipped aircraft carrier Fujian

BusinessCapital markets central to 'Viksit Bharat' push, MFs hold huge opportunity: SEBI Chairman

BusinessWorkmates Core2Cloud Solution Limited Announces IPO to Expand Cloud and Digital Transformation Capabilities

CricketIND vs PAK LIVE Cricket Streaming: When and Where to Watch India vs Pakistan Hong Kong Sixes 2025 Match

Business Realted Stories

BusinessJefferies sees Reliance Jio poised for strong growth; forecasts 18% revenue CAGR, USD 180 billion valuation by FY28

BusinessMany Indian states have "plenty of reserves of rare earths", says IREL India Rare Earth Division Head

BusinessHindustan Zinc Retains Global No. 1* Ranking in S&P Global Corporate Sustainability Assessment 2025 for 3rd Consecutive Year

BusinessGrowth in base orders and revenue underscore stable business execution

BusinessAVP Infracon Secures L1 Status and Multiple New Orders Valued at ₹78.75 Cr Across Highway and Industrial Segments