Investment in training is a huge necessity for knowledge-based corporations.
I think, my own personal view is there should be higher and higher levels of autonomy; government should not interfere in setting up colleges, in running colleges. The market, the society will decide which is a good university, which is not a good university, rather than government mandating.
I think, at the end of the day, you have to reduce friction to businesses, ideally to zero, so that more and more entrepreneurs can create more and more jobs with higher and higher disposable income.
I think India has several advantages in the knowledge sector, in the software sector.
Often times I have been asked about the attributes for success, and I have said that you need two attributes for succeeding as an entrepreneur: one, courage, second, luck.
Infosys is an absolute meritocracy. Even in a meritocracy, other things being equal, you have to give opportunity to the more experienced candidate.
I want Infosys to be a company which is globally respected and in where people belonging to different nationalities, races and religious beliefs will work with intense competition but utmost courtesy, dignity and co-operation in adding greater value to our stakeholders day after day.
If the U.S. became the undisputed superpower that it is today, it was primarily because of its technology, whether it is in transportation, agriculture, high-tech industry, medicine, etc.
You need to mesh the voices of people with expertise and meritocracy.
Clearly, healthcare is a very important sector.
Infosys demonstrated to the world that an Indian company could implement standards of quality, operations, finance that compare with the best. That is a legacy I am happy with.
When people get rich, they cut themselves off from the context that has earned them these riches - the context of the common men. They forget they are part of society.
We all, as engineers, doctors, have a big responsibility to bring smiles on the faces of suffering humanity.
I was the first businessman to say, 'You should give tax benefit to only small companies. You should say your profits are exempt to a limit of Rs. 50 crore or so, but beyond that, you should pay taxes.' I have been arguing with successive finance ministers on this.
The primary difference that I have found between the system of education in India and other countries, particularly the U.S., is that they focus on problem solving and relating theories to reality around them. These two things are lacking in the education system in India.