Gujarat Chief Minister Narendra Modi today launched an international center for Entrepreneurship and Technology (iCreate), a Center of Excellence (COE), to encourage young entrepreneurs, in turn, be guided by the Infosys chairman NR Narayan Murthy Emeritus.

COE-incubation with iCreate-invent the outskirts of Ahmedabad and is an independent advisory body to guide the management of IT czars NR Narayan Murthy.

The center will operate under the auspices of the Foundation for Business Excellence in Gujarat (GFEE).

“ICREA can succeed in Gujarat, because the people here have the necessary courage in decision-making,” said Modi, pointing to the personality traits need to be a successful entrepreneur.

Narayan Murthy, who spoke at the meeting of video conferencing facility, he said, “India now has a confidence level to solve the problem of poverty can best be done by creating jobs and entrepreneurship is the best tool to solve this problem. ”

Murthy advised the young, it would be better to look at ideas that could adapt to a world market, and if you can not do it, so it is advisable to compare with global best practices.

“The idea of ​​business should be inexpensive. There should be an expensive product,” said Murthy.