from the IIT virtually ensures a successful future in your
chosen career path. Almost every high-school student and
their parents realize this value of an IIT degree certificate.
One interesting statistic: on a per capita basis, IITs have
probably produced more number of millionaires (in dollar
terms, I must tell you) than any other undergraduate (i.e.
bachelor's) institution in the world. Still, IITians are
not all about individual success. They have distributed
knowledge, created wealth and generated prosperity in our
society. Nearly a quarter of them have turned entrepreneurs,
thus giving jobs instead of merely seeking them. Many IITians
have provided excellent service in universities, public
administration and a few of them, even in India's version
the past century, advances in technology have been shaping
our individual lives and collective destiny like never before.
For instance, the impact of satellite TV, mobile phones
or the Internet on the quality of our lives is astounding.
I have no doubt that technologists will increasingly influence
our country's future. Unfortunately, in India, the gap between
the technological possibility and the ground reality is
year, we produce more than 3,50,000 technologists from 1100
professional colleges. Our own Hyderabad has nearly 200
engineering colleges within a 40-km radius. Most of them
provide very sub-standard education. Even some of the well-known
government colleges and universities have degenerated into
factories that mass-produce degree holders. Their graduates
simply are not what India desperately needs: technically
competent, creative and self-confident problem solvers who
are not afraid to tackle some of the most pressing problems
of our society.
Given this backdrop, the starting of a new IIT in our state
is good news. It will definitely help towards producing
adequate number of graduates with world-class technical
education. In fact, we can easily provide around four to
five times the number of students currently enrolled, with
an 'IIT experience' - without compromising on the quality
of their education. When the demand is so great, it is necessary
to increase the intake and create more centres of excellence.
already have a reputed National Institute of Technology
(NIT) in Warangal. Starting a new IIT in addition to this
NIT will help set high benchmarks and thereby give a boost
to the quality of curriculum, teaching and research in many
other colleges and universities in and around AP. Setting
up the campus at a new location can also provide real opportunities
for developing the local community. An IIT also brings with
it a new 'can-do' culture fostered by a breed of smart,
confident and dynamic youngsters. The long-term impact of
these positive developments on our society will be significant.
live in a society where education is valued very highly.
There is a universally strong desire among the student and
parent community that even the non-IIT colleges should offer
a worthwhile learning experience. The decision makers in
the management and faculty of colleges should use this consensus
as a mandate to convert their campuses into 'Centres of
Excellence', comparable to the IITs. Given the wealth of
their latent creative talents, I am absolutely confident
this can be achieved. There are thousands of bright youngsters
outside, and they deserve an opportunity to learn from best
do academics really mean everything? An IIT alumnus once
told me this: it seems the IIT class toppers do brilliant
research in Fortune 500 companies, the B-grade students
manage those research projects while the C-graders run the
company that sells work for both of them!