World is moving towards knowledge economy. Goldman Sachs’ famous BRIC report of 2003 predicts that India will become one of the top 5 economies of the world by 2050. In its another Global Economics Paper, it has also identified “Raise Basic Educational Achievement” and “Increase Quality and Quantity of Universities” as two of the top three things that India needs to do in order to achieve this status. Opportunity before us is immense and the task is onerous.
Your esteemed institute LIT has committed itself to play its humble role in the country’s march towards prosperity and global leadership by imparting world-class higher education to its students in the disciplines of engineering and management. LIT has been able to achieve this honor due to the dedicated efforts of its students, faculty, staff, management and all other stakeholders. My heartiest congratulations to one and all. Encouraged and inspired by its achievements , we have set upon ourselves an ambitious goal of becoming one of the top 10 engineering and management institute at the national level. I am confident we shall achieve this distinction with your undiluted help, support and dedication and that of all other stakeholders. I take this opportunity to wish you all a great success in all your endeavors