Vibrant entrepreneurial environment in the country: Srivari Chandrasekhar


Graduates celebrate their success at the ICFAI convocation in Hyderabad on Saturday.

Graduates celebrate their success at the ICFAI convocation in Hyderabad on Saturday.

“Some of the most original and innovative ideas came out of dire situations,” said Department of Science and Technology Secretary Srivari Chandrasekhar, who urged students to keep innovating to generate new ideas that the country needs for its solutions. problems

He said this while delivering his convocation address at the 12th ICFAI convocation on Saturday. “While publications and patents are vital to scientific research, there is an immediate need for original and socially relevant research that can touch the lives of the common man,” he said.

Dr. Chandrasekhar cited several examples of humble innovations that have had a significant impact on people and society, such as sewage pipes, voice prostheses, the Jaipur foot and low-cost indigenous coronary stents developed by former President Abdul Kalam and Dr. Soma Raju. He also cited Sonam Wangchuk, whose innovations have improved the lives of the people of Ladakh through a solution to the water problem and innovative solar-powered mobile tents for Indian Army personnel.

He added that the presence of more than 100 unicorns shows the vibrant entrepreneurial atmosphere in the country and the opportunities available to startups. He told the undergraduates that they would be the leaders of the “Amrit Kaal”, referring to India’s huge demographic dividend.

During the convocation, 2,505 students received their degrees. Ten students received their Ph.D. degrees and awarded 1,155 MBA degrees. NJ Yasaswy Best Teacher Awards were given to Professors Radha Mohan of the School of Business, Gowri Shankar Brahma of the School of Science and Technology and Rakesh Suryadevara of the Faculty of Law.

KK Venugopal, Senior Advocate, Supreme Court of India; Dr. BV Doshi, Vastu Shilpa Consultants, Ahmedabad and Dr. HR Nagendra, Chancellor, Swami Vivekananda Yoga Anusandhana Samsthana, Bengaluru, were conferred honoris causa by IFHE. University chancellor C Rangarajan presided over the programme.

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