Prime Minister Narendra Modi today said the digital revolution has brought new opportunities to the BRICS and other emerging economies and it is crucial that the countries are ready for the change brought by the artificial intelligence and big data analytics. Addressing the BRICS Outreach Session here, Modi called for more investment in the digital infrastructure and skill development in the area of digitisation.

“Today we are once again at the historic turning point. Thanks to digital revolution, new opportunities are emerging for us and that is the reason why it is necessary that we be completely ready for the changes that will come out through AI and big data analytics,” he said.

Emphasising on India’s historic and deep links with Africa, the prime minister said his government has accorded the highest priority towards maintaining peace, freedom and development in Africa. “Economic and development cooperation between India and Africa have touched new heights,” Modi said.

The prime minister said in the last four years, more the 100 bilateral talks and visits at the level of head of states and government have taken place which has taken bilateral cooperation and economic ties to a new level. He said 118 lines of credit worth $11 billion have been extended to over 40 African countries.

He said that India welcomes the effort for regional economic integration by the African countries. He said free trade and commerce in the last three decades has helped hundreds of millions people come out of poverty. Read more from moneycontrol.com…

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