NAGPUR: Maharashtra Chief Minister Devendra Fadnavis  said that with the Indian economy opening up there is a need to build institutions like the IIM to produce the best of human resources.

"The Indian economy is offering enormous opportunity to the global scenario for creating human resources. And gone are the days when the United States and European nations were on the forefront, some 30 years back. Today Indian talent is not lagging behind," said Fadnavis.

The chief minister was speaking at the inaugural ceremony of the Indian Institute of Management Nagpur, the first in the state.

"Our students from the IITs and IIMs have excelled in the world", Fadnavis said recalling his recent visit to the U.S. where he toured the Silicon Valley and Google office.

"Eight out of ten were from India. You can build an infrastructure in two to three years but there is an urgent need for building an institution", he added.

He hoped that students from IIM Nagpur will bring laurels not only to Vidarbha and Maharashtra but to the the entire country.

Fadnavis expressed his happiness that out of six IIMs announced by Union Human Resource and Development Ministry, IIM Nagpur became the first to be inaugurated.

Guardian Minister Chandrashekhar Bawankule and IIM Ahmedabad Director Prof Ashish Nanda were also present on the occasion.
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