He asserted that that future technology needs to be focused on computing, communications, power and energy.
"All technologies have a positive and negative side. There are also limitations to growth. The only growth area which is limitless is information or knowledge. This should be our focus area.
"We also need to focus on technologies to enhance the quality of human life particularly in the field of health care," he said.
Narasimhan was speaking after the inaugurating ceremony of the centenary celebrations of the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI).
He urged the industry to lend a helping hand in taking some of the initiatives such as Make in India, Skilling India and Digital India to their logical end.
Narasimhan lauded the role played by the industry body in creating an ecosystem for the industrial growth in both the Telugu-speaking states.
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