16 December 2021 13:06:17 IST

Innovation, not consumption, is India’s growth model: Kris Gopalakrishnan

Infosys co-founder speaks at the virtual inaugural of IIMK’s Centre for Digital Innovation and Transformation.

IIM Kozhikode sets up a Centre for Digital Innovation and Transformation (CDiT). Padma Bhushan awardee and Infosys co-founder Kris Gopalakrishnan was the chief guest for the inaugural function.

In his inaugural address, Gopalakrishnan congratulated IIM Kozhikode for this initiative and expressed hope that the industry becomes an active participant in the activities of this Center because it is at the intersection of academic and industry activity. He also encouraged the Centre to strive for excellence to come up with sustainable business ideas, create better products for the betterment of lives and the society.

He laid out seven significant milestones for the centre and remarked “The growth model of this century will be founded on innovation and not on consumption. India will lead the world in innovation in the 21st century and this bound to be India's century.”


IIMK Director Debashis Chatterjee said: “Sustainability should be at the core of all transformation and the world today is moving from consumption to innovation and from producing to caring. The sheer scale, scope and potential impact that India will have on the 21st century business makes IIMK’s vision 2047 of globalising Indian thought a worthwhile aspiration.”

The centre aims to will promote and coordinate interdisciplinary research in emerging digital technologies that are relevant for organisations, governments, and society in general, added Prof R Radhakrishna Pillai, Head CDiT.

The focus areas of emerging technologies that centre will be engaging with include Artificial Intelligence/Machine Learning, Internet of Things, analytics, digital e-governance, digital economy, digital strategy, cybersecurity, green IT, digital payments, e-commerce, Augmented and Virtual Reality and digital health.