Narayana Murthy calls for compassionate capitalism, says technology is catalyst for growth
Infosys co-founder N R Narayana Murthy was speaking at the centenary celebration of the Indian Chamber of Commerce in Kolkata.
News
Related News :-
Infosys co-founder N R Narayana Murthy on Sunday emphasized the importance of compassionate capitalism and highlighted the role of technology in India’s future.
Speaking at the centenary celebration of the Indian Chamber of Commerce (ICC) at Calcutta Town Hall, Murthy said, “I humbly request that we embrace compassionate capitalism. Compassionate capitalism combines the best aspects of free-market capitalism with the compassion found in liberalism and socialism. By doing so, we can create a model for the world—an India that stands as a shining example of how capitalism can succeed while still uplifting the most vulnerable members of society.”
On the importance of embracing technological advancements, Murthy said, “Technology is not just a tool for convenience; it’s a catalyst for growth. It reduces costs, increases revenue, and creates new opportunities. Take the example of AI- it’s revolutionizing industries, especially in sectors like healthcare. AI is already helping to detect diseases like cancer far more effectively than traditional methods.”
2024-12-16
By
Ravindra Kumar Tiwari
.avif)
.webp)
.avif)
