[India] - Murthy: Infra market should work 3 shifts to complete projects

INSUBCONTINENT EXCLUSIVE:
Infosys founder NR Narayana Murthy has emphasized the need for three working shifts in infrastructure and construction projects to ensure
timely completion
Speaking at the Bengaluru Tech Summit, Murthy discussed the importance of India making quick decisions in infrastructure development,
drawing a parallel with China's progress.During a fireside chat with Zerodha co-founder Nikhil Kamath, Murthy stressed that completing
projects like the Electronic City metro and other metros should be prioritized, according to an ET report.He urged the infrastructure
industry to move beyond the traditional one-shift workday and adopt a three-shift system to boost efficiency
ambitious aspirations often operate on two work shifts
He expressed confidence that if India embraced a similar approach, it could potentially surpass China's growth
However, he emphasized the need for prompt decision-making and the removal of obstacles for entrepreneurs to achieve this goal.In terms of
Bengaluru's contribution to India's software exports, Murthy stated that the city accounts for approximately 35% to 37% of the country's
total software exports
potential challenges posed by emerging technologies such as GPT-4, Murthy reiterated the significance of the human mind's adaptability and
power
He emphasized that technology's purpose is to improve lives and increase productivity, with inventions and continuous innovations driving
progress.Murthy emphasized that a company's ability to foster a culture of constant innovation is the key to growth, survival, and success
As long as CEOs encourage such thinking among employees, the impact of technologies like ChatGPT, LLMs, ML, or deep learning should not be a
concern, he said.Read From ET | What Narayana Murthy saidAddressing the issue of taxation in India, Murthy acknowledged the country's
status as a developing nation
He stated that a higher level of taxes is necessary to support the government in providing essential public services to the underprivileged
Murthy expressed his willingness to contribute more through increased tax payments.Robin Sharma reacts to Narayana Murthy's
70-hours-a-week remarkAdditionally, Murthy highlighted the importance of balancing free services for the poor with measures to ensure that
they lead to improved social outcomes
He suggested that while the government provides services like free electricity, it should monitor the corresponding increase in school
attendance.