He said that India has had a tradition where successive generations take family values forward and contribute to the family by adding their capacities and capabilities.
Prime Minister Modi said this while attending the 90 years celebrations of the Essel Group here today.
The event was also attended by President Pranab Mukherjee.
Welcoming the Prime Minister, Chairman of Essel Group Subhash Chandra thanked him for graciously accepting the invitation for this event.
Prime Minister Modi explained Essel Group's recent social initiatives on themes such as water supply, power supply, Swachh Bharat and Affordable Housing.
On the occasion, the Prime Minister launched two social initiatives.
These includes Sarthi - a people's empowerment programme on subjects such as education, health and employment and the DSC Foundation with a corpus of Rs. 5,000 crore, to empower people in need.
Prime Minister Modi recalled his earlier meetings with Nandkishore Goenka and said the family has always been open to new ideas, and has taken every challenge as an opportunity, to create a presence in a range of initiatives from 'soil to satellite'.
He said that while 'Sarthi' presented a good blend of rights and duties, the DSC Foundation would help build a large number of job creators.
The Prime Minister urged everyone present to work towards specific goals for what they could do for the country by 2022 - the 75th anniversary of independence.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)