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Models and institutions that prevailed in the 20th century have caused many problems and are no longer relevant in the 21st century, S. Gopalakrishnan, President (Designate CII) and Executive co-Chairman, Infosys, has said.
He was speaking at the CII-India@75-YI Conclave at Pune this morning. He said our institutions were inadequate and needed to be strengthened. “Wealth creation has increased disparity and unemployment. The model used to create wealth may not be the model going forward,” he said, adding that India reflected all the complexities of the world, and could be the role model on how development can occur.
Just back from the World Economic Forum at Davos, he said, “There are high expectations of India and that it should be a positive force on the world stage.”
The conclave is also part of the 10th year celebrations of Young Indians. The speakers included MPs Prakash Javadekar and Supriya Sule, and K. V. Kamath, Chairman ICICI Bank and Infosys.
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