In recognition of the rich pool of technically-qualified personnel, global firms like Honda Motor Company, General Motors, General Electric and Bosch are setting up research and development centres in India, general manager of Rane Madras, K R Ramesh said in Mysore on Monday. | |
| The Indian industry has moved from being a labour-intensive economy to a knowledge centered economy and the top global companies are recognising this, he said while inaugurating a national-level technical paper presentation contest, 'Cogniescience-2006', at the National Institute of Engineering (NIE) here. |
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| However, to build on this advantage, Indian engineers have to come out with technological innovations to get to the position of global leaders, Ramesh said and welcomed events like Cogniescience. Such programmes assume a lot of importance to promote and nurture innovative minds. |
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| In his valedictory address, Nestle India manager coordination Ravichandra Bekal asked students to give importance to learning fundamental concepts and be aware of the requirements of industry. |
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