CHENNAI: Success in life and business comes to those who confront challenges and find solutions rather than retreating from difficulties, CavinKare CMD Ranganathan said on Monday. He was the chief guest at the 31st annual alumni meet of the VIT Alumni Association (VITAA), held at VIT, Vellore.

Addressing the gathering, Ranganathan said challenges were inevitable, but the response to them determined long-term success.

“Those who dive deep to solve problems emerge stronger, while those who step back often face bigger setbacks later,” he said. “Success was not limited to problem-solving alone, but also involved identifying and creating opportunities.”

Ranganathan said transforming organisations into process-driven systems was critical for sustainable growth. “AI has become integral to the company’s operations over the past 18 months. AI does make mistakes, and it is important to question and debate it. Conversational engagement with AI sharpens focus. In our company, no purchase order is processed without AI approval, and it adds significant value,” he stated.

VIT founder and chancellor G Viswanathan, who presided over the event, said that education was the only way to bridge India’s economic inequality despite the country becoming the world’s fourth-largest economy. “There are gaps in higher and medical education,” he added, pointing to the vacant MBBS and postgraduate medical seats each year due to regulatory and administrative hurdles.

He urged alumni to act as role models in society and stressed the need for higher public spending on education and healthcare. Viswanathan also said Tamil Nadu led the country with a 50% gross enrolment ratio in higher education.