IIT Bombay convocation: PM Modi says ‘If you don’t innovate, you will stagnate’

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Prime Minister Narendra Modi, addressed the 56th Annual convocation ceremony at IIT Bombay. He said, IITs have built brand India globally and their success has helped India to become one of the world’s largest pools of technical manpower.

In his speech, he stressed on innovation and entrepreneurship that they are the foundation of making India a developed nation. He said innovation was the ‘buzzword’ of the 21st century.

“If you don’t innovate, you will stagnate. It is not just the government efforts. New ideas come from young minds at campuses and not government buildings and fancy offices,” the prime minister said.

He motivated the students by saying that IITs were conceptualized to contribute to the task of nation-building through the use of technology and it can be seen in the way students from IITs are at the forefront of some of the best startups in India.

“The nation is proud of IITs and what IIT graduates have achieved. 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,” he said.

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