There is a burning desire for change in young leaders. There are glimpses of youth in politics, and there has been a general acceptance of youth in leadership positions over the last few years, said Banmali Agrawala, managing director, Wartsila India. He added, Nobody has the youth bank that we do. India is, therefore, a place to harvest ideas. For that we need to stop living on borrowed ideas. This is the time to invest extensively in research. He revealed that India was set to become an engineering hub for Wartsila Indias Finnish parent company.
Sanjay Reddy, executive director, GVK Industries, said, Massive changes have occurred. But Indians are adaptable to change, which is why you find them everywhere in the world. I also believe there is political will to help corporate India achieve its goals.
He said that India was fast becoming a knowledge society that the world was increasingly depending on. Jayadev Galla, managing director, Amara Raja Batteries Ltd, who has spent a large part of his life in the US, emphasised the need to infuse the notion of team work into the functions of corporate India. There is also the need to grow faster to encourage generational change, and to develop, he said.
Interestingly, a number of management students from schools in and around Delhi raised the issue of Indias brain drain. In reply, Rajeev Karwal, managing director, Electrolux Kelvinator, who was the moderator, said the ability of Indians to go abroad was a good thing they could come back with their knowledge, but the fact that so many of them remained abroad and contributed to foreign economies remained an unaddressed point at the session.