CHIKMAGALUR: K. Chidananda Gowda, Vice-Chancellor of Kuvempu University, said here on Wednesday that India should make proper use of its strengths and opportunities in the IT sector and overcome its weaknesses to become a developed country by 2020 and the third richest country in the world by 2050.

Inaugurating the 19th Computer Society of India (CSI) Karnataka Student Convention with the theme "IT Super power - India Vision 2020" organised by the CSI, Bangalore Chapter (CSI-BC), and the Adichunchanagiri Institute of Technology (AIT), Mr. Gowda said knowledge can be converted into wealth if a nation has the capacity to convert that knowledge into a product, a process or a service.

He said the relevance of IT lies in joining the industrialised world through e-banking and e-commerce, the creation of national wealth and in improving the quality of life of common people by providing cyber booths, e-medicine, e-governance and e-education.

He said India is known for its talented human resources. He recalled the observation of Jack Welch, CEO of General Electric, who said that India is a developed country as far as its intellectual capacity is concerned. Mr. Gowda said the country has made a mark in nuclear technology, space technology, information technology and supercomputer technology.

He said India has not done well compared with China, Korea and other Asian countries in selling its products in western markets. He told students that the country has to improve its work culture and strive to overcome corruption.

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