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Rashtrapati Bhavan : 11.04.2013

The President of India, Shri Pranab Mukherjee presented the Managing India Awards, 2013 at a function in New Delhi today (April 11, 2013).

Speaking on the occasion, the President congratulated all the award winners for contributing to the country’s progress. He expressed the hope that they would ignite the minds of other managers and entrepreneurs to think big towards nation building. He said that he had an unshakable faith in the bright future of the Indian economy. The winners of Managing India Awards exemplify this conviction, he said.

The President said that to mark India’s growing stature, management principles should find application not only in business and industry, but also in other important processes such as social change and governance. He said that how change is managed would determine our progress. This is a need that the Managing India Awards denote, and is also a reality epitomized by this year’s award winners, he added.

The President said that to develop our manpower as partners of progress, all-round efforts are necessary. He stated that greater number of technical institutes is required to be set up. Existing technical institutes that lag behind in quality must be up-graded. The President said that technology would determine our domestic industry’s ability to beat competition. He stated that our research and innovation efforts must aim at technology up-gradation to simplify production processes, improve quality and seek efficiency gains.

The President stated that our country needs visionary business leaders to manage India’s transition to a knowledge economy. He said that we also require the Indian industry to act as a catalyst for deepening our growth process. Our industry should aim at inclusion of all as participants in economic development, he added.

This release issued at 1920 hrs