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Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Saturday said India needs to understand what the industry requires and educational institutions need to produce students capable of getting into industry to serve the country's development goals. Sitharaman at an event here said India's higher education was no less when compared to global universities and people who have studied in Indian universities were the second largest contingent when it comes to managing the best of companies around the world. Referring to the representation of Saint-Gobain India in the board of the Indian Institute of Information Technology, Design and Manufacturing, Kancheepuram, she said if industries have come to be on the board of research institutes, they know the industry particularly those futuristic ones, especially those sun-rise areas so that India becomes the land for manufacturing some of those critical things for which today we are completely dependent on other countries and when