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Innovate in India, Innovate for humanity: PM Modi at 56th IIT-B convocation in Mumbai

Prime Minister Narendra Modi on Saturday addressed the 56th annual convocation of Indian Institute of Technology (IIT) Bombay, and said that we must make India the most attractive destination for innovation and enterprise.

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Prime Minister Narendra Modi on Saturday addressed the 56th annual convocation of Indian Institute of Technology (IIT) Bombay, and said that we must make India the most attractive destination for innovation and enterprise.

The Prime Minister also appealed to youngsters to innovate in India. "Innovate for humanity — from mitigating climate change to ensuring better agricultural productivity, from cleaner energy to water conservation, from combatting malnutrition to effective waste management," Modi said

"The confidence I can see on your face confirms that we are moving in the right direction. IIT Bombay will get a financial aid of Rs 1,000 Crore. It was a large number of IIT students who built the IT sector of India, brick by brick," said Modi.

Modi also inaugurated the new building of the Department of Energy Science and Engineering & Centre for Environmental Science.

Union Human Resource Development (HRD) Minister Prakash Javadekar, Maharashtra Governor Vidyasagar Rao and state Chief Minister Devendra Fadnavis were also be present on the occasion.

Here's what PM Modi said in his address

► The nation is proud of IITs and what they have achieved

► IITs have encouraged setting up of several engineering colleges around the country and have emerged as global brand

► Innovation and new technology will decide the future direction of development in which IITs will play an important role

► The success of IITs led to the creation of engineering colleges around the country. They were inspired by the IITs and this led to India becoming one of the world’s largest pools of technical manpower.

► Innovations and Enterprise are going to be the foundation stone for making India a developed economy.
A long-term sustainable technology-led economic growth is possible on this foundation.

► Innovation is the buzz-word of 21st century. Any society that does not innovate will stagnate. India is a emerging as a hub for start-ups shows the thirst for innovation. We must make India the most attractive destination for innovation & enterprise

► The best ideas do not come in Government buildings or in fancy offices. They come in campuses like yours, in the minds of youngsters like you.

► Let us affirm that the best ideas will come from Indian laboratories and from Indian students

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