Need to adopt best practices in industries: LG

New Delhi, Nov 7 (UNI) Delhi Lt Governor B L Joshi today said India with its enormous human capital in engineering and technology is bound to emerge as a major hub for development of innovative products and services.

''However, for this to happen we need to adopt the best practices followed by world-class organisations around the world in our industries,'' he said on the occasion of 122nd Founder's Day of the JK organisation here.

''We had succeeded in making a better projection of our strengths such as outsourcing, information technology, health, tourism, and human resources,'' the Lt Governor said.

''A comprehensive and integrated plan for aggressively marketing India, especially in international arena, is required to be put in place very quickly and very effectively,'' he added.

Mr Joshi said, countries were concerned with the need for good corporate governance and sound ethics in business today. ''It was important that we harness latest technology, be innovative and be customer oriented,'' he added.

Also present on the occasion were J K Organisation President Hari Shankar Singhania, Director Raghupati Singhania and J K Lakshmi Cement Ltd Director S Chouksey.

UNI IP PM DB1818