Will PM Modi Address the YUGM Innovation Conclave Tomorrow?
Click to start listening
Synopsis
Prime Minister Narendra Modi's address at the YUGM Conclave promises to ignite India's innovation landscape with substantial private investment and groundbreaking projects. This unique event aims to unite leaders from various sectors to propel research and commercialization, ultimately shaping a self-reliant, innovation-driven future for the nation.
Key Takeaways
- Prime Minister Narendra Modi will address the YUGM Conclave aimed at boosting private investment.
- The event will launch key projects in innovation and research.
- Key institutions like IIT Kanpur and IIT Bombay will host Superhubs.
- Collaboration between academia, industry, and government is a primary focus.
- Viksit Bharat@2047 outlines a vision for India's future.
New Delhi, April 28 (NationPress) Prime Minister Narendra Modi is set to address the YUGM Conclave on Tuesday, a pivotal event aimed at spurring substantial private investment in India's innovation ecosystem while initiating several key projects.
The term YUGM, which translates to 'confluence' in Sanskrit, represents a groundbreaking strategic gathering that will bring together leaders from government, academia, industry, and the broader innovation ecosystem, as stated in a government release.
This event will take place at the Bharat Mandapam, contributing significantly to India's innovation trajectory through a collaborative initiative valued at approximately Rs 1,400 crore, involving joint investments from the Wadhwani Foundation and government bodies.
Aligned with the Prime Minister's vision for a self-reliant and innovation-driven India, the conclave will witness the launch of several noteworthy projects.
Among these projects are the establishment of Superhubs at IIT Kanpur (focusing on AI & Intelligent Systems) and IIT Bombay (dedicated to Biosciences, Biotechnology, Health & Medicine), along with the creation of Wadhwani Innovation Network (WIN) Centres at premier research institutions to facilitate research commercialization. Additionally, there will be a partnership with the Anusandhan National Research Foundation (ANRF) to co-fund late-stage translation projects and bolster research and innovation.
The conclave will also feature high-profile roundtables and panel discussions with government officials, distinguished industry leaders, and academic figures, encouraging actionable dialogue aimed at accelerating the translation of research into impactful solutions. A Deep Tech Startup Showcase will present cutting-edge innovations from across India, alongside exclusive networking opportunities across various sectors to foster collaboration and partnerships.
The overarching goal of the conclave is to catalyze significant private investment in India’s innovation ecosystem, expedite research-to-commercialization pipelines in frontier technology, strengthen partnerships between academia, industry, and government, advance national initiatives like ANRF and AICTE Innovation, democratize access to innovation across institutions, and align national efforts toward Viksit Bharat@2047.
Point of View
It's imperative to recognize the significance of the YUGM Conclave led by Prime Minister Modi. This event represents a commitment to innovation and collaboration across sectors, which is essential for India's growth trajectory. By fostering partnerships and encouraging private investment, we are taking crucial steps toward a self-reliant and technologically advanced future.
NationPress
18/06/2025
Frequently Asked Questions
What is the purpose of the YUGM Conclave?
The YUGM Conclave aims to catalyze large-scale private investment in India's innovation ecosystem and initiate key projects.
Where will the YUGM Conclave be held?
The conclave will take place at the Bharat Mandapam in New Delhi.
What are some key projects to be initiated?
Key projects include Superhubs at IIT Kanpur and IIT Bombay, as well as Wadhwani Innovation Network Centres.
Who will participate in the conclave?
Leaders from government, academia, industry, and the innovation ecosystem will participate in the conclave.
What is Viksit Bharat@2047?
Viksit Bharat@2047 is a vision for a developed India by the year 2047, emphasizing innovation and self-reliance.
