Asian region could not register due growth as it was driven by conflicts and faced several barriers based on caste, religion and various other factors, a top official in DRDO, said today.
India could boast of having 60 per cent of the entire population in Asia and as such its revenue collection was quite enormous which in turn would contribute to its prosperity, DRDO Director General, Aeronautical System, K Tamilmani said here.
However, the Asian region could not register due growth because it was driven by conflicts and facing many barriers based on caste, religion and so on, Tamilmani said after accepting the "Dynamic Indian of the Millenium' award instituted by K G Foundation here.
Citing the example of European Union, Tamilmani said it the EU had agreed to have a single currency inorder to remove all the trade and economic barriers.
Stating that India's knowledge power had been well recognized all over the globe, he said it prompted Microsoft founder Bill Gates to announce that if the US denied jobs to Indian IT professionals he would be compelled to shift the headquarters of his company to India.
It was no exaggeration to state that Indians constituted 30 per cent of manpower in the medical, engineering and research fields in the US, Tamilmani added.
The Foundation Chairman Dr G Bakthavathsalam said that 15 years ago the foundation had given the Dynamic Indian of the Millenium award to Dr APJ Abdul Kalam, well before he became the President of India.
He said the award was being given periodically by the Foundation to those personalities who had made extraordinary contributions for the well being of the country.
It was also intended to motivitate and inspire the awardees to put in their best in the chosen fields.
Tamilmani released a booklet on World Bank's appreciation of KG Group's contributions towards the growth and development of India.
The Foundation Managing Director, Ashok Bakthavathsalam said the report had recognised Coimbatore as the only city in India that had major contributions for the country's economic prosperity.
Above all, World Bank had attributed such development mainly due to the strivings of KG Group, he said.
