More than 70% of the startups in Silicon Valley have an Indian connection in some way or the other, said Padma Vibhushan RA Mashelkar, chief guest at the third convocation of IIT-Indore on Monday.
Stating that for the dream of ‘Make in India’ to be possible, it is crucial to find out what is stopping these young minds to flourish in Indus Valley as they flourish in Silicon Valley.
Mashelkar said, “It is important for an ecosystem to be developed on the lines of Cambridge University which follows a cycle of education-research-innovate. Majority of their students study at the institute and then on their road to innovation, they join ventures started by their alma mater. A similar kind of approach is required by us in India.”
Quoting examples from the likes of Satya Nadella, CEO of Microsoft and Sundar Pichai of Google, Mashelkar spoke words of inspiration and wisdom to the outgoing batch of 2015.
Conferring degrees to students from B. Tech, M Sc, M. Tech and Phd courses, Ajay Piramal, chairman of the institute, said that a lot of ups and downs have been faced by the institute in its journey from 2007. “It has been a learning experience for us and we hope to flourish and improve upon our journey to make IIT-Indore reach the top spot,” he said.