India is a poor country. There are a lot of uneducated persons in this country, no proper drinking water (in many areas) and there is unemployment problem. Everyone wants to get jobs after completing their courses," Murthy said.

Developed countries have many students pursuing courses in different subjects such as philosophy and history, he said.

"When the country becomes developed, there will be a reverse of this present situation," he said at the release of the Malayalam translation of his book 'A Better India, A Better World', a collection of some of his speeches.

Murthy also said the recent appreciation of the Rupee would not affect Indian IT Companies.

"It will not be like that," Murthy said in a brief interaction with reporters.

The only way to solve poverty in India, Murthy said, was through entrepreneurship.

The Infosys co-founder listed out five qualities required for an aspiring entrepreneur: "he must have an idea, market must be ready for the idea, good team and value system, sacrifice today for the benefit of tomorrow and Finance".