ISB will produce tomorrow’s wealth creators: Naidu

HYDERABAD: Calling upon the students of Indian School of Business (ISB) to become job providers rather than job-seekers by setting up start-ups, former chief minister of Andhra Pradesh N. Chandrababu Naidu on Friday said that the young brigade will play a major role in bolstering the country's growth by introducing new technology in making digital India by 2047.

Naidu was addressing the 20th anniversary celebrations of the school in the ISB campus. A feature of the day was an interaction between Naidu and ISB’s founding dean Pramanth Raj Sinha.

Recalling the establishment of the ISB, Naidu said that there were a lot of issues in establishing it legally when he was Chief Minister. Set up after procuring all clearances, ISB has been producing the best of business brains, who have made the state and the country proud.

He said, "Indians are wealth creators globally and things are happening positively in the world only because of Indians and youth. Around 30 per cent of the total number of Indians, who migrated to various countries for either employment or as entrepreneurs, is of Telugus."

"My vision for 2047 is that Indians will dominate the global economy and ISB is going to play a major role,” he said.

"I have created a new city — Amaravati in Andhra Pradesh on the lines of Madhapur, Gachibowli, and Cyberabad. I had tried to bring a number of companies to Hyderabad. I tried to do likewise in Andhra Pradesh. It will take time. I hope I will do it in the near future," he said.

Earlier, Naidu went to the tree that he had planted in the ISB campus in 2011. He recalled how planted the sapling and wished that the ISB grew similarly.