March 13, 2002

'11'

INDIAN INDUSTRIES CAPABLE OF FACING ANY CHALLENGE: BAIS

    Indian industry is capable of facing any challenge in the present scenario of economic liberalization. This was stated by the Minister of State of Information and Broadcasting, Shri Ramesh Bais while delivering the convocation address at the Annual Convocation of the New Delhi Institute of Management here today. He said the younger generation, who opt management as their career should be equipped with the knowledge of latest innovation like e-commerce in the present era of information technology, otherwise they will fall back in the race of supremacy. Shri Bais said that though the main objective of the business is to make profit but they have certain responsibilities towards government and society, which they have to fulfill. They will have to come up with some innovative ideas and share the same with the Government for overall socio-economic development of the country, said the Minister.