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"Now there is an environment full of opportunities and India is being admired around the globe," he said. Murthy was speaking on "Institution Building" at the Indian School of Business (ISB) in Hyderabad.

"Youngsters have to finally achieve the dream of former President APJ Abdul Kalam of becoming a developed nation. Youngsters must work to wipe out the tears of the poorest of poor, he said.

He asked the students to have aspiration and a vision to achieve greater objectives. "One should work hard to achieve a vision larger than life and it's not an easy thing," he said.

"When we started Infosys [Get Quote] in 1981, we decided to become the most respectable company rather than mere focusing on becoming a profitable company. If you want your people to sacrifice, then you need to sacrifice first, he said.

Replying to questions from the students of ISB, he said "If you want your organisation to grow, then hire best quality people." They won't come to you unless an environment of highest professionalism is created, he added.

The principles of ethics, honesty and good value system should become a habit, Murthy said adding he has found the people from poorer and weaker sections of the society better placed in this regard as compared to rich.