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Posted on Dec 07, 02:54PM | IBNS
Top global leaders from different sectors shared their views on 'Transformational Strategies for India' while addressing at the PanIIT Alumni Global Conference 2012 that started here on Friday.
Lord Kumar Bhattacharyya, the Warwick-based engineer and academic, said Indian universities need 'best faculty'.
He said the country will need to improve technology and vocational centres.
US Ambassador to India Nancy Powell said: "Both India and the US recognise the importance of exchange of ideas and that is why we organize higher educational dialogues."
She said: "India and the US have much to do to collaborate in future in the field of science and technology."
"I look at the Indian companies to collaborate with American companies to form joint venture. Indian companies have huge human capital and our products are technologically innovative," Powell said.
ITC chairman YC Deveshwar said the country should focus on Research And Development (R and D) 'for creating intellectual activities'.
He said: " Indian business must multiply entrepreneurship."
He said in order to create employment "we need to change the rule of capitalism and migrate to a new model of serving society."
Earlier speaking at the conference, West Bengal Governor MK Narayanan on Friday said food security and employment generation are matters of concern for India.
"Food security is a crucial issue..Employment generation is a matter of concern. Several steps have been taken to overcome the hurdle. However, we need perhaps to step up the pace. We need to give greater impetus to technological and other innovation to give our economy the necessary boost," Narayanan said.
Civil Aviation Minister Ajit Singh on Friday said the country will need more leaders in different sectors in the society, including science and technology.
"India need leaders in the field of science, technology, engineering and even in politics..Need educated people to take responsibilities," Singh said.
He said more institutions like the Indian Institute of Technology (IIT) are needed to provide opportunity to the younger generations.
The PanIIT Alumni Global conference 2012 started in Kolkata on Friday and will continue till Dec 9.
The PanIIT Alumni Association was formed in 2002 to gather all graduating IITians from the Indian Institute of Technology (IIT) since 1955 under one umbrella and engage them in initiatives of common interest.
Speaking on IIT, Narayanan said: "The acronym IIT is among the best recognized acronym in the world."
Pertinently, the conference is alternately held in India and the US.
The PanIIT Global Conference was held in New York last year.