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Our Bureau

New Delhi , Oct. 23

THE surest way to become globally competitive is to invest in the development of human resources, the Britannia Industries Managing Director, Ms Vinita Bali, has said.

Inaugurating the Lal Bahadur Shastri Institute of Management (LBSIM) National Summit 2005 here she said, "The world today is a single global marketplace, not only in terms of goods but also human skills. India has already benefited from outsourcing of services in some sectors; only when our capabilities improve, we will see transfer of assignments and capital for many more, increasingly highly skilled tasks."

Delivering the keynote address at the inaugural session, MP and industrialist, Mr Navin Jindal said: "As India steps into the world of global competition human resource capability becomes a critical factor. A key mark of developed economies is technical capacity, the application of technology to local conditions and, while India has shown an aptitude for this already, we still have a long way to go in fully realising our potential."

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