Infosys founded by NR Narayana Murthy The need for three working shifts in infrastructure and construction projects has been emphasized to ensure timely completion. Speaking at the Bengaluru Tech Summit, Murthy discussed the importance of quick decision-making by India in infrastructure development, comparing it with China’s progress.
According to an ET report, during a heated exchange with Zerodha co-founder Nikhil Kamath, Murthy stressed that completing projects like Electronic City Metro and other metros should be given priority. He urged the infrastructure industry to move beyond the traditional one-shift workday and adopt a three-shift system to increase efficiency. He was quoted as saying, “They should not work in just one shift, coming at 11 in the morning and leaving at 5 in the evening.”
Murthy highlighted that in countries with ambitious aspirations, people often work two work shifts. He expressed confidence that if India adopts a similar approach, it can potentially surpass China’s growth. However, he stressed the need for entrepreneurs to take quick decisions and overcome hurdles to achieve this goal. In terms of Bengaluru’s contribution to India’s software exports, Murthy said the city contributes about 35% to 37% of the country’s total exports. Software export. “You are expecting $75 billion just from Bengaluru because $200 billion is the total exports from India,” he said.
When asked about the potential challenges posed by emerging technologies like GPT-4, Murthy reiterated the importance of the adaptability and power of the human brain. He stressed that the purpose of technology is to improve life and increase productivity, with inventions and continuous innovations driving progress.
Murthy emphasized that a company’s ability to foster a culture of continuous innovation is the key to growth, survival and success. He said, as long as CEOs encourage such thinking among employees, the impact of technologies like ChatGPT, LLM, ML or Deep Learning should not be a matter of concern.
Read from ET What did Narayanamurthy say?
Addressing the issue of taxation in India, Murthy acknowledged the country’s status as a developing nation. He said that higher levels of taxes are necessary to support the government in providing essential public services to the underprivileged. Murthy expressed his desire to contribute more through increased tax payments.
According to an ET report, during a heated exchange with Zerodha co-founder Nikhil Kamath, Murthy stressed that completing projects like Electronic City Metro and other metros should be given priority. He urged the infrastructure industry to move beyond the traditional one-shift workday and adopt a three-shift system to increase efficiency. He was quoted as saying, “They should not work in just one shift, coming at 11 in the morning and leaving at 5 in the evening.”
Murthy highlighted that in countries with ambitious aspirations, people often work two work shifts. He expressed confidence that if India adopts a similar approach, it can potentially surpass China’s growth. However, he stressed the need for entrepreneurs to take quick decisions and overcome hurdles to achieve this goal. In terms of Bengaluru’s contribution to India’s software exports, Murthy said the city contributes about 35% to 37% of the country’s total exports. Software export. “You are expecting $75 billion just from Bengaluru because $200 billion is the total exports from India,” he said.
When asked about the potential challenges posed by emerging technologies like GPT-4, Murthy reiterated the importance of the adaptability and power of the human brain. He stressed that the purpose of technology is to improve life and increase productivity, with inventions and continuous innovations driving progress.
Murthy emphasized that a company’s ability to foster a culture of continuous innovation is the key to growth, survival and success. He said, as long as CEOs encourage such thinking among employees, the impact of technologies like ChatGPT, LLM, ML or Deep Learning should not be a matter of concern.
Read from ET What did Narayanamurthy say?
Addressing the issue of taxation in India, Murthy acknowledged the country’s status as a developing nation. He said that higher levels of taxes are necessary to support the government in providing essential public services to the underprivileged. Murthy expressed his desire to contribute more through increased tax payments.
Robin Sharma reacts to Narayana Murthy’s 70 hours a week comment
Additionally, Murthy highlighted the importance of balancing free services for the poor to ensure that it leads to better social outcomes. He suggested that although the government provides services like free electricity, it should monitor a corresponding increase in school attendance.