What Narayana Murthy has to say about Jeff Bezos’s prediction on India

NEW DELHI : Praising Amazon CEO Jeff Bezos for his comment that 21st century will be India’s century, software major Infosys founder Narayana Murthy on Wednesday said the responsibility of making that prediction come true rests squarely on our shoulders.

“Nearly 85 per cent of India’s business output comes from the unorganized sector, about 10 per cent from SMBs and probably 5 per cent from large companies.

“Therefore, you do play an extremely important role in making 21st century as India’s century,” Murthy told the audience at the ‘Amazon Smbhav’ event here.

“The only way it can become India’s century is if the country becomes economically powerful, and the only way India can become economically powerful is if per capita revenue productivity goes up from current $2,000 or ₹1,40,000 to somewhere three to four times, or ideally five times,” emphasized Murthy.