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«India-the 'garage' of the Fourth Industrial Revolution»

On May 21, 2021 the School of International Regional Studies of the Faculty of World Economy and International Affairs, HSE University within the framework of the permanent online seminars «Contemporary Area Studies», organized a meeting with with D. Alexander Lopatin. The topic was «India-the 'garage' of the Fourth Industrial Revolution»

The seminar was moderated by Dr. Vera Vishnyakova, Head of the School of International Regional Studies of the Faculty of World Economy and International Affairs, HSE University. 

As expert mentioned, the fourth industrial revolution in India began lately. This revolution includes breakthrough technologies that allow to change a lot in the world.In particular, Alexander Lopatin indicated the following technologies : the Internet of Things, cloud computing, semiconductors, the 5 G system, as well as big data analytics and artificial intelligence. 

The expert attributed the origin of these technologies to the end of the 80s of the XX century, when Indian IT companies began to provide programming outsourcing services. Today, India plans to provide outsourcing services to the whole world, except for China. As the speaker pointed out, even in the technological sphere there is a geopolitical aspect.  This is also evident in the development of 5 G technologies. 

According to Alexander Lopatin, India does not have its own 5 G manufacturers and announced a competition where Chinese companies participated. The Indians did not choose them which again expresses their strategic position. 

Outlining the financial indicators that India can achieve by 2025, Alexander Lopatin noted that India will reach $ 130-170 billion in the financial sector, and $ 50-65 billion in the agricultural sector. 

There is a certain role of the state in the fourth industrial revolution. The state supports Indian enterprises, develops IT infrastructure, and takes responsibility for regulating the industry as a whole. 

The expert also noted that in India there is a digital earth 2.0 program which implies the transformation of the government into an electronic one. 

The speaker also mentioned the development of healthcare, electricity and education. All of the above areas will also be directly related to the IT sector. 

Alexander Lopatin answered all the questions of the participants. 

The link to the video: https://youtu.be/bNHAohFLJqo