Infosys co-founder Narayan Murthy has defended his controversial statement about working 70 hours a week. He said that hard work is very necessary for the progress of India. At the CNBC Global Leadership Summit, Murthy said – I'm sorry, I haven't changed my view. I will take it with me to the grave.
He said that he was disappointed by India's change from a 6-day work week to a 5-day week in 1986. India's development requires sacrifice, not rest. Pointing out that Prime Minister Narendra Modi works 100 hours a week, he said, 'When Prime Minister Modi is working so hard, whatever is happening around us, we can appreciate it only through our work.'
Last year, Narayan Murthy made this statement Last year in 2023, Narayan Murthy advised the youth of the country to work 70 hours a week. After this social media was divided into many different groups. After this statement, Murthy received as much support as criticism. However, experts believe that it will have a negative impact on people's health.
Murthy said that the decision to keep the family apart from the company was wrong Earlier in January, Narayan Murthy had said that the decision to keep the family apart from the company was wrong. He said, 'I used to think that corporate governance meant that the family should not be involved. Because most of the businesses in those days were family owned, with the children of the family coming in and running the company. This was a gross violation of corporate rules.'
The Murthy family (from left)- Sudha Murthy, Aparna Krishnan, Rohan Murthy and Narayana Murthy
Founded Infosys Narayana Murthy did in 1981 Narayana Murthy founded India's second largest tech company Infosys in 1981. From then till 2002 he was the CEO of the company. After this, he was the Chairman of the Board from 2002 to 2006.
In August 2011, Murthy retired from the company with the title of Chairman Emeritus. However, once again he rejoined the company in 2013 as Executive Chairman. During this time his son Rohan Murthy was working as his executive assistant.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).