Bengaluru, Confederation of Indian Industry (CII) Karnataka on Wednesday said it aims to drive sustainable, competitive and inclusive growth through focused initiatives by 2024-25.
CII Karnataka will take forward initiatives for the year 2024-25 aligned with the theme “Globally Competitive Karnataka: Partnerships for Sustainable and Inclusive Growth,” its president N Venu said at a press conference here.
The focus will be on policy advocacy, thought leadership, inclusivity, ecosystem competitiveness, growth, sustainability, global linkages and international partnerships, he said.
Working closely with the government, CII Karnataka aims to create an enabling environment for businesses to thrive, Venu said, adding that key areas include technology and innovation, clean and alternative energy, growth of MSMEs (micro, small and medium-sized companies) and emerging companies. sectors such as semiconductors, solar and mobile telephony (electronics).
According to him, the IIC will continue to work closely with policy makers on ease of doing business and sectoral policies with a focus on promoting clean energy and alternative fuels, strengthening the competitiveness of MSMEs, building stronger connections between industry, academia and startups to drive industrial growth both within and outside Bengaluru.
"We are committed to adopting advanced technologies and fostering innovation, which will be instrumental in our efforts to support Industry 4.0 transformation. We aim to strengthen Karnataka's position as a hub for cutting-edge research, development and implementation. By collaborating with stakeholders and leveraging technology, we believe we can make notable progress," he said.
CII Karnataka Vice President Rabindra Srikantan said CII Karnataka's commitment to growth aligns with the state's aspirations.
"MSMEs play a vital role in the economic landscape of Karnataka. It is crucial to support the industry through services that drive competitiveness, sustainability and transformation, and create business connections and linkages for growth through partnerships," Srikantan said. According to CII Karnataka, emerging sectors such as aerospace, e-mobility, healthcare and agri-tech have immense potential for growth and job creation. Karnataka makes a significant contribution to the country's GDP; However, most of the growth in Karnataka is coming from Bengaluru. It was noted that the 'Beyond Bengaluru' initiative aims to empower Tier 2 and Tier 3 cities in Karnataka to enable them to contribute significantly to the economic growth of the state.
Venu said CII would also proactively engage with various stakeholders, including international consulates, to seek business opportunities, promote job readiness through focused programs and cross-learning initiatives for both teachers and students, and strengthen entrepreneurship and leadership development through specific initiatives such as the 'CII Indian Women's Network' and 'CII Indian Youth'.
CII Karnataka will take forward initiatives for the year 2024-25 aligned with the theme “Globally Competitive Karnataka: Partnerships for Sustainable and Inclusive Growth,” its president N Venu said at a press conference here.
The focus will be on policy advocacy, thought leadership, inclusivity, ecosystem competitiveness, growth, sustainability, global linkages and international partnerships, he said.
Working closely with the government, CII Karnataka aims to create an enabling environment for businesses to thrive, Venu said, adding that key areas include technology and innovation, clean and alternative energy, growth of MSMEs (micro, small and medium-sized companies) and emerging companies. sectors such as semiconductors, solar and mobile telephony (electronics).
According to him, the IIC will continue to work closely with policy makers on ease of doing business and sectoral policies with a focus on promoting clean energy and alternative fuels, strengthening the competitiveness of MSMEs, building stronger connections between industry, academia and startups to drive industrial growth both within and outside Bengaluru.
"We are committed to adopting advanced technologies and fostering innovation, which will be instrumental in our efforts to support Industry 4.0 transformation. We aim to strengthen Karnataka's position as a hub for cutting-edge research, development and implementation. By collaborating with stakeholders and leveraging technology, we believe we can make notable progress," he said.
CII Karnataka Vice President Rabindra Srikantan said CII Karnataka's commitment to growth aligns with the state's aspirations.
"MSMEs play a vital role in the economic landscape of Karnataka. It is crucial to support the industry through services that drive competitiveness, sustainability and transformation, and create business connections and linkages for growth through partnerships," Srikantan said. According to CII Karnataka, emerging sectors such as aerospace, e-mobility, healthcare and agri-tech have immense potential for growth and job creation. Karnataka makes a significant contribution to the country's GDP; However, most of the growth in Karnataka is coming from Bengaluru. It was noted that the 'Beyond Bengaluru' initiative aims to empower Tier 2 and Tier 3 cities in Karnataka to enable them to contribute significantly to the economic growth of the state.
Venu said CII would also proactively engage with various stakeholders, including international consulates, to seek business opportunities, promote job readiness through focused programs and cross-learning initiatives for both teachers and students, and strengthen entrepreneurship and leadership development through specific initiatives such as the 'CII Indian Women's Network' and 'CII Indian Youth'.
