Guj Govt okays talent incumbent centre, Murthy to be mentor | india | Hindustan Times
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Guj Govt okays talent incumbent centre, Murthy to be mentor

india Updated: Aug 09, 2011 10:36 IST
N R Narayan Murthy

Gujarat government has given consent for setting up an international centre of excellence to nurture youth into entrepreneurs, which will be guided by chairman and founder mentor of Infosys, N R Narayan Murthy.

"A company -- Gujarat Entrepreneurship Venture Promotion Foundation (GEVPF)-- has inked an MoU with Gujarat Mineral Development Corporation (GMDC) for establishing a world-class centre of excellence (COE)," said B H Jajoo, Dean, IIM Ahmedabad, who will be a member of its governing body.

"Post the MoU, GMDC and GEVPF will set up a company --Gujarat Foundation Entrepreneurship Excellence (GFEE) -- which will establish the COE," Jajoo said.

The process of registering GFEE had begun, a government official said.

"GEVPF has formed a 50:50 joint venture with GMDC for establishing an international COE in the state for incubation, proposed to be guided by N R Narayan Murthy," GMDC Managing Director V S Gadhavi said.

Gujarat chief minister Narendra Modi had yesterday proposed that Murthy steer a world-class incubation centre in in the state, aimed at grooming entrepreneurs.

Modi had said the centre would be a fully autonomous Human Resources Development body.

"The role which Mr Murthy would play in the Centre is yet not decided, as it has been left to him to take a final decision, owing to his tight schedules and other commitments," Gadhavi said.