Three high tech missions worth Rs 5,000 cr each in pipeline, likely to get govt nod soon: Official

The Economic Times | Nov 8, 2019 at 3:25 PM
  • The Union Ministry of Science and Technology is currently working on three missions of quantum technology , methanol and electric mobility at a cost of Rs 5,000 crore each and expects government approval for it in the next three months.
  • The Science and Technology Department, in partnership with the Ministry of Railways, has rolled out a Rs 700 crore ‘Railway Technology Mission’ with a focus on driving new technologies of monitoring, design, materials.
  • Industry 4.0 commonly referred to as the fourth industrial revolution, is a name given to the current trend of automation, inter-connectivity and data exchange in manufacturing technologies to increase productivity.