Hyderabad will host a World Economic Forum Centre for the Fourth Industrial Revolution (C4IR), the first thematic centre in India to focus on life sciences and healthcare.
The announcement was made after the Telangana government and the World Economic Forum signed a collaboration agreement during the Forum’s Annual Meeting in Davos
C4IR Telangana is the 18th centre to join the Forum’s Fourth Industrial Revolution Network, which spans four continents.
Telangana is recognised as one of Asia's top life sciences hubs. Telangana accounts for 1/3 of global vaccine output and is regarded as the vaccine capital of the world.
Also, the state contributes to about 35% of India’s pharmaceutical production.
