Prime Minister Narendra Modi attended the graduation ceremony of the Indian School of Business (ISB) in Hyderabad on Thursday, May 26. PM Modi congratulated the ISB students for playing a major role in leading the country's businesses and building startups. "Professionals coming out of ISB are giving impetus to the business of the country, handling the management of big companies. The students here have created hundreds of startups, they have played a role in the creation of many unicorns. This is an achievement for ISB, it is a matter of pride for the whole country," PM Modi said. READ MORE | Careers360 Management Ranking 2022: Top Government MBA Colleges In India; Complete List Here
He fondly remembered the former Prime Minister Atal Bihari Vajpayee talking on the sideline of ISB's completion of 20 years since it was started in 2001.
Talking about the country's fastest growing economy, PM Modi said, "Today the world is realising that India means business. India is the fastest growing economy in the group of G20 countries." "India is second in the world in the Global Retail Index. The world's third largest startup ecosystem and consumer market is in this country," the prime minister said. The country has also the second largest number of internet users, he added. ALSO READ | IIM Kozhikode, ICSI Join Hands To Promote Excellence In Academics, Research, Training
The prime minister also addressed the changing business scenario where formal, informal, small and large businesses are expanding their horizons and giving employment to lakhs and crores of people. "To make India future-ready, we have to ensure that India becomes self-reliant. All you business professionals have a big role in this. And this will be a great example of service to the country for you," PM Modi said.
The prime minister in his address highlighted the country's achievement in restricting the COVID-19 pandemic and the contributions of the health sector. He also mentioned the role played by the bureaucracy in the reform process and the phenomenal performance of athletes in various sports activities.
In the recently released FT Executive Education Custom Programmes rankings, ISB Executive Education has been ranked 1 in India and 38 globally.