He stated that through their enterprise they shall become creators of economic value and jobs.
Congratulating the graduates, Kovind advised the students to aspire to achieve the best of their duties not only for themselves and their families, but also for society, for the nation and the world at large.
"You as IITians are fortunate to have received world-class education".
He spoke of the glory of Jagannath temple and Puri, one of the dhams for Hindus, which was visited by saints and spiritual leaders including Adi Shankaracharya, Ramanuja, Chaitanya and Guru Nanak and established their mutts to serve Lord Jagannath. 200 years ago, Buxi Jagabandhu had led the Paika rebellion here, he added.
Speaking on the occasion, the President said that the task of developing and preserving Indian knowledge and culture was done in languages like Pali, Prakrit and Sanskrit.
He said that for a young IIT like yours, there are several challenges to be overcome.
Kovind said the IIT Bhubaneswar's BTech intake has doubled in past two years, which is highest intake in the second and third generations IITs. What matters though is the road map that you envisage for your institute.
On the same day, in Bhubaneswar, he will grace the convocation of IIT Bhubaneswar as well as inaugurate the ICT-IOC (Institute of Chemical Technology -Indian Oil Corporation) Bhubaneswar campus.
The Skill Development Institute (SDI), on the other hand, will offer youngsters short courses on a spectrum of skills ranging from simple to complex ones related to Artificial Intelligence, 3D printing and Advanced Robotics. Happy to know that this institute aims to train about 50,000 youth over the next 10 years.
SDI Bhubaneswar will be India's first Skill Development Institute in hydrocarbons.
Odisha needs extensive and innovative inputs from institutes like ICT-IOC Centre, besides mother plants like Indian Oil's Paradip Refinery, said Union Petroleum Minister Dharmendra Pradhan, who was also present on the occasion.
On Saturday, President Kovind dedicated Anand Bhawan Museum and Learning Centre, the ancestral house of late former Chief Minister Biju Patnaik, to the people of Odisha.