EDUCATION BUDGET MUST DOUBLE EVERY 3 YEARS
Outlook Business|January 2025
Veezhinathan Kamakoti, a renowned academic and director of Indian Institute of Technology Madras, tells Deepsekhar Choudhury on what technology sovereignty means for India and how it can propel the country towards its vision of becoming a developed nation by 2047.
Deepsekhar Choudhury
EDUCATION BUDGET MUST DOUBLE EVERY 3 YEARS

What does tech sovereignty mean to you?

All developed countries have attained technology sovereignty by inventing technologies and patenting them. They have done it by ensuring that whatever technology they bring to the table is part of the global standards. That’s how you get technology sovereignty.

But we can only build a castle when we have the foundation. Our mantra should be: innovation, innovation, innovation, entrepreneurship, entrepreneurship, entrepreneurship, start-up, start-up, start-up...And this is what is going to make our children come up with innovative ideas, which they will patent.

And then we have to work as a country to get it standardised. We are the largest consumer market, and we must have a say in these standards. If I have 100 crore smartphone users, the standards must adhere to me. Sovereignty is, in my opinion, to have at least a set of things which we can use as a good negotiation tactic across the table. So that we get equal status in terms of technology.

How do you see the role of IITs in India’s goal to become a developed nation by 2047?

Viksit Bharat 2047 is about India being a knowledge and technology superpower. Innovation and entrepreneurship are the only way to work on it.

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