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

MaharashtraSurya Tilak Ram Navami 2026: Divine Sunbeam Illuminates Ram Lalla’s Forehead in Ayodhya (Watch Video)

NationalNo Lockdown in India: Government Squashes Rumours, Calls Viral Claims 'Irresponsible and Harmful'

InternationalPM Modi and US President Trump Discuss West Asia Situation, Strait of Hormuz

NationalPrayagraj Cold Storage Collapse: PM Modi, CM Yogi Adityanath Condole Loss of Lives, Announce Ex Gratia for Kin of Deceased

NationalPrayagraj Cold Storage Collapse: 4 Dead, Several Injured in Uttar Pradesh; Ammonia Leak Reported (VIDEO)

कारोबार Realted Stories

BusinessSurat industries get breather as Centre slashes duty on petro raw materials

BusinessTelangana: 3,699 domestic LPG cylinders seized since March 12​

BusinessWith Harbhajan Singh as Commissioner, Indian Pro Badminton League Sets Stage for a Sporting Revolution

BusinessIndia's seafood exports: From growth to global competitiveness

BusinessEV charging hub unveiled at Anand Vihar Namo Bharat Station, 10 vehicles can be charged simultaneously