Innovations can boost economic progress: Kalam

Ahmedabad, November 29: India has to make innovations to be able to compete with other nations for economic progress, said former president A P J Abdul Kalam.

Kalam was here at Indian Institute of Management, Ahmedabad (IIMA) to deliver a valedictory address during annual event, ‘Confluence-2009.’

He said through innovations, local companies can produce technologically superior products and can become a market leader globally.

“Innovations should be encouraged in agriculture and small and medium enterprises (SMEs) because they drive the economy,” he said.

According to him, country’s IT industry has scripted a successful story internationally, because it created innovative methods in software sector.

The former president asked the students at the premier management school to try to create a distinct profile of the country, which is corruption free and has transparent system at all levels.

–Agencies