The Infosys promoters and three other board members, along with Nandan Nilekani, have invested close to Rs 46 crore in their personal capacity to this, while the rest has been funded by Infosys Technologies.
K Dinesh, who set up Patni Computer Systems and then went on to start Infosys Technologies along with NR Narayana Murthy, says the approach towards research has changed from the way it was perceived earlier. The perception towards research is changing and now it is coming to the forefront. The governments interest is clearly visible, with the increasing allocation of funds in this area.
Ashutosh Sharma, Institute Chair Professor and Principal Investigator of the Center of Nanosciences at the Indian Institute of Technology, Kanpur, who bagged an Infosys Prize 2010 for Engineering and Computer Science, said: The country needs to have more PhDs. The Indian culture works on a bottom up strategy, unlike other Asian countries like China, Korea and Taiwan. They set a target and work towards achieving it. However, in India it is very difficult to motivate one to take up research,