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India has made tremendous progress in all sectors during this decade and the IIT community has made stellar contributions to this success. The success of many IIT alumni serves is a lodestone of inspiration for the youth of the country and it is important for all of us to think of maximum levels of inclusion as our successes become a wave that builds momentum for our countrymen.

It is only this ability to inspire and involve that will lead to true rapid and sustainable transformation in our country. As our country approaches a tryst with a global destiny, this theme assumes enormous significance for the conference and its deliberations.

  • Come up with a compelling idea.
  • Have a well thought out execution plan.
  • Execute as planned and demonstrate success quickly.
  • Be passionate about your idea, articulate it well.
  • Build a core team that buys into your idea.

If you’re tracking the evolution of India into an entrepreneurial hotbed, here are a few things to read up on. First, The New York Times reported earlier this week that a new study found only “one in four engineering graduates [in India] are employable.” The issues, according to the Times, involve middling quality of college-level engineering education in India and a massive demand there for a new generation of IT workers.

VentureBeat‘s Matt Marshall weighs in on this issue in his blog, and draws a raft of comments. In particular, two say the problem in India stems from 1) many Indian engineers now prefer to start up their own firms rather than work for  established companies and 2) engineering curriculum in India does not change fast enough to keep up with U.S. engineering education (“In some of the schools [in India], they still teach Fortran and Cobol,” says one commenter).

Last, Carl Schramm, Kauffman president and CEO, touched on this issue in Inc. magazine last year. He similarly acknowledges many Chinese engineers, for example, don’t cut the mustard once on the job. He cautions, however, that the best engineers from these countries should be enticed to work in the United States (especially as entrepreneurs). Otherwise, “Europe, Australia, even Japan will be only too happy to welcome the talent we are passing up.”

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