According to a statement issued by the NMAMIT, Karanam Uma Maheshwar Rao, Director of National Institute of Technology Karnataka (NITK), Surathkal, who inaugurated the seminar, said that all educational institutions should give priority to research and innovation. According to a survey about global innovation in different countries across the world, India was ranked in the 60th place, he said. S. Subramanian, Secretary of KSCST and Professor in the Department of Materials Engineering, Indian Institute of Science, said that the 2010-2020 decade can be called as the ‘Decade of Innovation’. Students should work on their basic presentation and technical skills which will help in their overall development,” he said. He focused on the subsidy component which is given by the government to promote technology into the field of industry and agriculture.

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