In a groundbreaking move, the World Economic Forum (WEF) and the Telangana government are jointly establishing the 19th Centre of the WEF’s Fourth Industrial Revolution Network (4IR) in Hyderabad. The WEF-Telangana Centre, slated for launch in February 2024, will be the world’s inaugural thematic center dedicated to health tech and life sciences.
The collaboration, solidified during a meeting between Telangana Chief Minister A Revanth Reddy and WEF President Borge Brende at Davos, underscores the commitment to advancing healthcare technology. The centre aims to align with the broader vision of the Telangana government and WEF, emphasizing collaborative efforts to enhance lifestyles and living standards.
The C4IR in Hyderabad is poised to become the world’s premier healthcare hub, providing employment opportunities in the healthcare sector and fostering partnerships between the government and small and medium enterprises. The official launch is scheduled to take place during BioAsia 2024.
This strategic move positions Telangana as a crucial node in the global 4IR network and reinforces its global leadership in health tech. The autonomous, non-profit organization will lead policy and governance initiatives for healthcare and life sciences, marking a significant milestone in advancing world-class healthcare services, particularly in rural areas.
World Economic Forum’s 4IR Centre in Hyderabad:
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