Prime Minister Narendra Modi approached the 56th annual gathering at Indian Institute of Technology (IIT) Madras on Monday. During his address at the convocation, PM Modi said that the innovation, aspiration and application of technology by IIT students will fuel India’s $5 trillion economies. ”
Today, India is excited to become a $5 trillion economy. Your change, purpose and use of technology will fuel this idea. It has enhanced bedrock of India’s big leap into the most aggressive economy,” he said.
He stated that the institutions of the 21st century are resting on three important pillars of innovation, teamwork and technology. “Each of these complements each other,” he said. The Prime Minister also told that the Indian society has made a label for itself all over the world, notably in science, technology and innovation. ”
Who is powering this? Lot of them are IIT superiors,” he said. Speaking about the convention, PM Modi said that IIT Madras is carried out of the high combination of economics and business. He also asserted that there is a healthy ecosystem for discovery, incubation and research in the country.
“The next hurdle is to find a business; to develop a start-up. The Start-up India Programme is intended to help you meet this difficulty. This programme will promote reforms to find their way to the market,” he said.
The Prime Minister said that the continued attempts of the government have delivered India one of the top three start-up friendly ecosystems. He also suggested that the rise in start-ups is fuelled by people from Tier 2 and Tier 3 cities as well as rural India.
No concern where you work, no focus where you exist, keep in thought the needs of your motherland,” told PM Modi at the IIT Madras convocation.
He requested the IIT graduates to think about how their profession, innovations and research could help a fellow Indians. “Not only is this your social engagement, it also makes tremendous business sense,” he said.
PM Modi said, “Today, as a nation, we want to shift beyond from single-use plastics. What can be an environmentally friendly replacement that offers related use but not similar difficulties? This is when we look towards our young innovators like y’all.”