"Life itself is built on a strong foundation of integrity," he said while addressing the third convocation ceremony of Azim Premji University.
"It's all about delivering on your commitments to everyone. The highest form of integrity is the commitment you make to yourself. Integrity is the beacon that guides us and the energy that gives us courage. We must not compromise on it under any circumstances."
He offered a formula through which integrity can be assessed.
Premji, who is the Chancellor of the University, gave away degrees to students.
Asking them to "dream, work hard and be self-confident", Premji said vision without action is "hallucination".
"The key to success is execution. We need to anticipate what we need to do and do them diligently. Strangely, it is that one little thing that we leave out that assumes extraordinary importance," he added.