"The biggest strength of 'Make in India' is human capital. Skill development is very essential for the success of 'Make in India' initiative," he added.

"Science is universal but technology has to be local. To achieve one's dreams, innovation is the key. The society is becoming technology driven. It is very important to understand the importance of this and look towards affordable technology," he added.

President Pranab Mukherjee was also present at the launch of 'Imprint India', which is a joint initiative of IITs and IISC.

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