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This Article is From Jan 29, 2016

Narayana Murthy Bets on 'Discovery, Local Invention' for 'Make in India' Success

IT czar N R Narayana Murthy on Friday said the country needs to "discover and invent locally" to help the Centre's ambitious "Make in India" scheme become successful.

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Narayana Murthy Bets on 'Discovery, Local Invention' for 'Make in India' Success
Bengaluru: IT czar N R Narayana Murthy on Friday said the country needs to "discover and invent locally" to help the Centre's ambitious "Make in India" scheme become successful.

Murthy said "for Modi government's flagship programme to succeed, the country has to invent and discover locally".

Addressing the Indo-American Chamber of Commerce (IACC) Conclave on the theme "Vision 2020", he said a strong collaboration between the US and Indian academia was needed that would also lay a strong foundation for India's solid growth in the long term.

Describing the partnership as "an important area", Murthy said the "unusual" partnership in higher education and research would benefit India enormously in medium to long term and the US academia in medium term.

"I am confident that it will create a stronger bond of friendship between India and the US for a long period in the future and it will make India a strong nation," he said.

The conclave was inaugurated by Karnataka Chief Minister Siddaramaiah, and the agenda was to evolve a vision for taking Indo-US Trade to $500 billion by 2020.

Murthy said this strategy of India will make it a leader in high-tech products and services in the world and enhance the prosperity of our people through increased exports and domestic use of such products.

Recalling similar view expressed by Nobel laureate David J Gross during the 103rd Indian Science Congress at Mysuru early this month, he advocated for Indian Universities working with US universities.

"The exchange of faculty and students between our universities and universities in the US will have to be increased at least hundred-fold. We will have to issue ten-year multiple entry visas every year to hundreds and thousands of academicians from the US," he said.

Suggesting similar such measures to enhance ties between universities in both counties, Murthy said, "The leaders of the two countries will have to work out a landmark agreement to send ten thousand students - at least thousand students in ten areas every year to do their PHD in important areas in the US for the next fifty years."

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