Narayana Murthy inaugurates rebuilt facility of Primacy

Mangalore, Jan 15: “The only way societies can solve the problem of poverty is through creation of jobs, which will lead to reduction of poverty,” said executive chairman of Infosys N R Narayana Murthy.

He was speaking after inaugurating the rebuilt candle-making facility of Primacy Industries Ltd in Baikampady on the outskirts of the city on Wednesday.

The facility of the Mangalore-based candle manufacturers located in Baikampady was completely gutted in a major fire in January last year, after which it was rebuilt within a span of six months.

Commending the commitment of the company in rebuilding the facility, Mr Murthy said that it was an occasion that demonstrated the power of optimism, aspiration, courage and concern for the society. It is an extraordinary example of leadership and of not being demotivated or dispirited. It is an example for the adage 'A plausible impossibility is better than a convincing possibility', he said.

Referring to the devastating fire that destroyed the facility a year ago, he said that when an unfortunate incident had removed the hopes and confidence of low-income workers employed in the facility, it required enormous optimism, confidence and hard work to bring back their smiles. “For their concern about the 850 workers, their families and the growth of exports of this country, we must show gratitude and appreciate the dedication of the team and staff of the facility,” he lauded.

He said that it was also a lesson for those in the corporate sector that they required a large dose of optimism, courage and 'can-do' spirit to overcome the challenges they faced in their professional sphere.

“It is a great example for the workers, the society, corporate leaders, governments and the whole of India. We are importing so much more than we export, and hence, every pie counts,” he pointed.

Chairman and MD of Indian Overseas Bank M Narendra, vice-chairman of Primacy International R K Sehgal and chairman of Primacy (Mangalore unit) T Gautham Pai also spoke on the occasion.

President of Primacy (Mangalore unit) V K Talithaya welcomed the gathering.