Vice President, M. Venkaiah Naidu inaugurated the Diamond Jubilee Celebrations of National Institute of Technology (NIT) in Warangal, Telangana yesterday. Addressing the gathering, the Vice President said that Science and technology should ultimately result in the betterment of human condition.
The Vice President expressed pride that India has always been known for its frugal innovations. He remarked that innovation was no longer a luxury for a country like India but an urgent
necessity.
The Vice President said that India is committed to build a five trillion-dollar economy by 2025, making the country, the 3rd largest consumer market in the world.
He added that the Indian growth story has taken the world by surprise and a number of foreign businesses wish to invest in India. The Vice President reaffirmed that in the present era of growing materialism, education must lay the foundations for building a society rooted in strong values and morals.