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And our big theme has been, you have made so much progress, we urge you on with the openings and market openings that have occurred. They clearly work and continuing on that path will produce further growth and further opportunities for the Indian people.

I have been particularly struck with the overwhelming evidence which is given as to the fitness of the natives of India for high offices and employments.

In the 1980s, we were advised, why don't you follow Reaganomics or Thatcherite economics. We said, yes, there are good points, let's see how we can fit them in the Indian economy. Every country has its own way of moving forward.

Effective management always means asking the right question.

India has lot of talent. What I am happy with is that the talent keeps on coming. Certainly it could be nice, though I am not terribly keen on seeing my successor yet.

I have maintained that the people of India are ahead of their governments. The people of India are at least 10 to 15 years ahead of their governments.

The Indian education system, like the Indian bureaucratic system, is Victorian and still in the 19th century. Our schools are still designed to produce clerks for an empire that does not exist anymore.

Success in management requires learning as fast as the world is changing.

I sincerely believe that Indians have the ability to compete with the best in the world.

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.