Prime Minister Narendra Modi on Monday said innovation, teamwork and technology are the three factors that will fuel India’s transformation into a $5-trillion economy.
“India’s innovation is a great blend of economics and utility. We have worked to create a robust ecosystem for innovation, for incubation for R&D in our country,” he said in his address at the 56th convocation of Indian Institute of Technology (IIT), Madras.
Urging students to find easy solutions for the country’s problems, the PM said: “I have a request for all of you. No matter where you work, no matter where you live, do also keep in mind the needs of your motherland, India.”
“Your hard work, innovation and research could help a fellow Indian. Not only is this your social responsibility but it also makes immense business sense,” he added.
“In front of me is both a mini-India and the spirit of New India. IIT-Madras is a prime example of how a decade-old institution can transform itself to meet the need and aspirations of the 21st century. The foundations of the 21st century rest on the three crucial pillars of innovation, teamwork and technology. They complement each other. The Indian community has made a mark for itself all over the world, especially in science, technology and innovation, which are powered by IITians,” Modi said.
Also read: World has great expectations from India, says PM Narendra Modi
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