Don’t miss the latest developments in business and finance.

Infosys eyes Gujarat for setting up new campus

Image
BS Reporter Ahmedabad
Last Updated : Jan 20 2013 | 10:58 PM IST

After auto makers, PSA Peugeot Citroën and Ford, IT major Infosys Limited is vying for land in Gujarat. N R Narayana Murthy, chairman and chief mentor of the company, will meet Gujarat Chief Minister Narendra Modi on Tuesday to discuss setting up of a campus in the state.

Speaking on the sidelines of the first convocation of Ahmedabad University (AU), Murthy said: “We are waiting for the Gujarat government to give us land. It is now the state’s decision to do that. I am also meeting the CM tomorrow where we will talk about it.” Murthy presided over the convocation of the first MBA batch comprising 110 students and eight BBA (Honours) graduates.

Talking about apprehensions of a slowdown in the outsourcing industry, Murthy said: “As long as the concept of value-for-money prevails, the outsourcing industry will keep going.”

Addressing the convocation Murthy said: “While India's economic growth rate is the second highest in the world; its stock markets are on fire, FDI in the country is galloping, achievements in the field & technology are also remarkable.”

“There is also a different picture of India. People at large are not benefiting from the phenomenal progress the country has made. It has not got freedom from hunger, illiteracy and diseases. Despite having 1/6th of the total population in the world, the country does not figure in the list of top 100, when it comes to the human development index. In such a backdrop, you are a few of the blessed ones, (those) who can transform India and facilitate inclusive and equitable growth prosperity.”

“As we want to improve on the human development front, we should do it with due commitment and proactivism rather than just blaming the destiny or the system. I have full confidence in the power of youth,” Murthy added.

Also Read

First Published: Jul 19 2011 | 12:29 AM IST

Next Story