Infosys co-founder NR Narayana Murthy Tuesday called for a cultural transformation to address the big developmental challenges facing the country.

Addressing an event, Murthy said transformation in terms of honesty, discipline, and caring for the underprivileged is necessary for achieving overall development.

“Every enterprise has to first master selling as it is the most important aspect of any kind of followed by finance where you have to offer better returns to your investors. Also, you need a team with complementary strengths including technology and lastly luck.

“But the most important thing that we need today is a cultural transformation marked by qualities like honesty and discipline,” Murthy said addressing the Sankalp global summit

He also noted that leaders of capitalism in every major country have to come together and work together to show the rest of the world how they can show self-restraints and how they ensure there is reasonableness in their lifestyle.