Having missed most of the first three industrial revolutions, India has its chance to lead the fourth industrial revolution through a convergence of its I-T prowess, ultra-high-speed internet connectivity and affordable smart devices, billionaire Mukesh Ambani said on October 8. The richest Indian man, who heads the nation's most valuable company Reliance Industries, said his group's telecom and digital unit Jio was conceived to provide the key ingredients needed to lead the fourth industrial revolution. India missed the first two industrial revolutions and the changes brought about by them. During the third industrial revolution, where information technology came to prominence, India joined the race but still remained behind, trying to catch up with the leaders. He said that the fourth industrial revolution is driven by the convergence of digital and physical technologies such as digital connectivity, cloud and edge-computing, IoT and smart devices, artificial intelligence, robotics, blockchain, AR/VR (Augmented Reality/ Virtual Reality) and genomics. 'And the three foundational requirements needed to participate in this revolution are ultra-high-speed connectivity, affordable smart devices and transformational digital apps. Jio was conceived to enable this journey. The fourth industrial revolution presents a unique opportunity to create unprecedented value and prosperity and we must invest in building next-generation technology assets. We must root out inefficiencies across the digital ecosystem. We must break silos and forge winning partnerships. Only then can we build and sustain a truly digital society,' he said.