City
Epaper

Bezos' prediction about India rests squarely on us: Murthy

By IANS | Updated: January 15, 2020 13:15 IST

Praising Amazon CEO Jeff Bezos for his comment that 21st century will be Indias century, software major Infosys founder Narayana Murthy on Wednesday said the responsibility of making that prediction come true rests squarely on our shoulders.

Open in App

"Nearly 85 per cent of India's business output comes from the unorganized sector, about 10 per cent from SMBs and probably 5 per cent from large companies.

"Therefore, you do play an extremely important role in making 21st century as India's century," Murthy told the audience at the 'Amazon Smbhav' event here.

"The only way it can become India's century is if the country becomes economically powerful, and the only way India can become economically powerful is if per capita revenue productivity goes up from current $2,000 or Rs 1,40,000 to somewhere three to four times, or ideally five times," emphasized Murthy.

"Prime Minister Narendra Modi has spoken about the $5 trillion economy. That task will be delivered by you. The most important thing that you have to do is to create an idea that your differentiated business value proposition is better than any of your competitors," Murthy said.

Bezos spoke about innovation, experimentation and better level of excellence and execution.

Murthy said that innovation comes from the human mind.

"It comes from the power of the human mind. Therefore, you have to attract people who are smarter than you. People who will teach you, as Bezos pointed out, will teach you better things, not just in intellect, but even in values," he emphasized.

Stressing upon the need for good work ethic and good values, he said: "You can't become better unless your city becomes better, you can't become better unless your town becomes better. Make this a better place for all of us."

( With inputs from IANS )

Tags: MurthyindiaBezosNarendra Modi
Open in App

Related Stories

Entertainment"Meri Heartbeat Bohot Tez Chal Rahi Hai Aapke Saamne": Kartik Aaryan Wins Hearts with a Candid Confession to PM Narendra Modi at WAVES Summit

MumbaiMumbai: Shreya Ghoshal to Grace the Inaugural Stage of Waves Summit with a Soulful Bengali Tribute

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

NationalPM e-Drive Scheme: Know How to Apply Subsidy for Electric Two-Wheelers in Just 5 Days

कारोबार Realted Stories

BusinessPM Modi inaugurates Rs 8,900 cr Vizhinjam port, calls it ‘big achievement in India’s maritime security’

BusinessIndian manufacturing booms in April as exports see biggest leap in 14 years

BusinessS&P lowers India's growth forecast, second time in two months over US tariff uncertainties

BusinessOneScore: Instantly Track Your Credit Health For Quick Loans

BusinessVizhinjam International Seaport: India’s 1st automated deep-sea port set to transform maritime trade