PM Narendra Modi said today that IITs have built "Brand India" globally and their success has helped India become one of the world's largest pools of technical manpower.
Innovation and enterprise, the Prime Minister stressed are the foundation of making India a developed nation.
Addressing the 56th annual convocation of the IIT-Bombay, 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," Prime Minister Modi said.
Dwelling on the history of IITs, Modi said they were conceptualized to contribute to nation-building post Independence.
Modi said all the IITs have built "Brand India" globally and their students are at the forefront of some of the best start-ups in India.
"The nation is proud of IITs. The success of IITs led to the creation of engineering colleges around the country," PM said.
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