And, of course, once you are at the frontier and using the best methods in the world, the only way to grow is to innovate and be even better than others in the world. This is what our software firms are now trying to do. Our alums, whom you students will shortly join, are leading India’s charge to the frontier and beyond.
Take the fantastic developments in E-commerce, ranging from the creation of electronic market places to new logistics networks and payments systems. Today, a consumer in a small town can have the same choice of clothing fashions that anyone from the large metros enjoy, simply because the Internet has brought all the shops in India to her doorstep.