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India has long been an exporter of talent to tech companies... But it is India that's now undergoing its own revolution.

We have promised to support India in its international aspiration. We have agreed to set up a working group on technology.

I am sick and tired of the process where everybody tells you that Indian companies don't have the technology and capability. We need to put money where our mouth is and make things happen, and that is what we are trying to do.

To be sure, India has achieved enviable success in business services, like the glistening call centers in Bangalore and elsewhere. But in the global jousting for manufacturing jobs, India does not get its share.

As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it.

My view is make Indian manufacturing competitive, and if it is competitive, it can serve customers or consumers anywhere.

India has the capability to create a fairly extensive defence manufacturing capability in many areas, and as a country and as an industry, we have matured in terms of technology and capability to make this happen.

Indians have very good engineering capabilities, and that is why, if an industry focuses on innovation, you will have a far greater chance of success, rather than the model which is based on just being a production machine.

I.B.M. was not really bringing their best technologies to India. They were dumping old machines in the country that had been thrown away in the rest of the world 10 years before.

We're living in a time when the world has suddenly discovered India because it's run out of raw material for its imagination. The raw materials for imagination are inexhaustible here.