‘India can be global leader in research and development’

Tata Sons chairman N Chandrasekaran said a new India could emerge in the coming decade to be a global leader in research and development, science and technology, AI, advanced manufacturing and next generation products and services

Hyderabad: Covid pandemic, which has had a devastating impact on the economy and livelihoods of many, also presented an opportunity for India to change itself, Tata Sons chairman N Chandrasekaran said on Friday.

Speaking at the 20th graduation ceremony of Indian School of Business virtually, he said a new India could emerge in the coming decade to be a global leader in research and development, science and technology, artificial intelligence, advanced manufacturing and next generation products and services.

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“This is a tremendous opportunity for India to change and better itself. The world is being rethought, and soon it will be rebuilt. Never before has there been such an opening for bold new ideas,” he said, adding: “We have the right human capital. We have the scale. We just need to make the right investments. And for that, we need to start with the fundamentals.”

Drawing parallels between Covid and Spanish Flu, he said both have heralded technological changes in a short period of time. “All of you are graduating at a pivotal moment in time. We have experienced advancement that we could not have imagined – from scientific breakthroughs to new ways of learning, living, and working,” he said.

Earlier, addressing his first graduation ceremony as the Dean of the ISB, Professor Madan Pillutla said: “After completing two decades of eventful years, ISB, with varied intellectual and physical resources at its disposal today, has the responsibility to contribute a lot more to India. The third decade of ISB should be about impact and transformation.”

Harish Manwani, Chairperson, ISB Executive Board, said: “Organisations should become more agile and resilient to encounter any unprecedented challenge.”

In all, 481 students from Hyderabad and 211 from Mohali campuses graduated in various modules.

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