CII lays road map to enhance Karnataka's competitiveness in global market
As part of the road map, which is named 'Accelerating Karnataka's Competitiveness: Globalisation, Inclusivity, Sustainability, Trust', the CII would focus on AI-led transformation, sunrise sectors, and capacity building for MSMEs.
Other priorities will include simplifying GST and taxation, easing regulatory compliance to strengthen 'Ease of Doing Business', and improving infrastructure and connectivity for balanced industrial development, the trade body said in a press conference.
According to the office-bearers, the CII's 2025–26 agenda placed a strong focus on empowering MSMEs through digitisation, ESG adoption, and cluster-based support. Key priorities include emerging sectors like semiconductors, aerospace, and electric mobility, along with energy transition and alternative fuels and Industry 4.0 skills. To drive impact across sectors, the CII plans to strengthen collaborations with the academia, startups, the government and global partners to catalyse investment, foster deep-tech capabilities, and fast-track industrial transformation.
Rabindra Srikantan, chairman of CII, 'As we move towards Viksit Bharat, the State has an opportunity to shape India's industrial future through innovation, technology leadership, and sustainability.''
The trade body's focus was to create a resilient and agile ecosystem that empowered industries to lead in strategic areas like semiconductors, design-led manufacturing, AI-powered production, and clean energy. A key pillar of this journey was the expansion of Global Capability Centres (GCCs), which were rapidly evolving from support hubs to strategic innovation engines across sectors, he added.
Guruprasad Mudlapur, vice-chairman of CII, said, 'We are committed to accelerating inclusive and future-ready growth by strengthening competitiveness, ease of doing business, and building trust to enable MSMEs across the State.'
He said the CII's new roadmap was aligned to Viksit Bharat, and focused on infrastructure, policy simplification, and technology adoption to drive industrial resilience across the State.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
3 hours ago
- Time of India
MSMEs leading way in economic growth: Guv
1 2 Guwahati: Assam governor Lakshman Prasad Acharya on Friday called the micro, small, and medium enterprises (MSMEs) sector the backbone of the economy after agriculture, emphasising its importance in India's economic journey. Speaking at the North East MSME Conclave 2025 held at NEDFi House in Guwahati, which was organised by the Confederation of Indian Industry (CII), Acharya hailed the northeast as a "priceless treasure", rich in biodiversity, natural resources, and traditional industries. "The region's unique products like bamboo, tea, silk, and handlooms have the potential to become global assets through the power of MSMEs," he said. The governor also reiterated Assam's strategic role as the "Gateway to the East" under India's Act East Policy. "This opportunity must be seized, with MSMEs playing a leading role in building bridges of trade, innovation, and cultural exchange," he said. He also asked the industry leaders, for greater investment in the northesat, enhanced youth training, skill upgradation, access and reach to global market for local products. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Access all TV channels anywhere, anytime Techno Mag Learn More Undo The governor urged the participants to make the most of the conclave by engaging in meaningful dialogue and collaboration. "The success of this conclave will send a message of hope, prosperity, and transformation for generations to come," he said. Recalling India's historical economic strength, he said the country once contributed nearly 27% to the global GDP before colonialism led to the decline of local industries. "While large industries received attention post-independence, MSMEs were ignored for decades," he said, crediting PM Narendra Modi's leadership for revitalising the sector through key initiatives like Mudra Yojana and Udyog Sathi App. The conclave saw participation from stakeholders across the region, including former CII-NE Council Chairman SK Baruah, NABARD CGM Loken Das, PNB ED D. Surendran, and CII member Gopi More.
Hindustan Times
3 hours ago
- Hindustan Times
Ahead of int'l trade show, UP holds roadshow in Mumbai
The Uttar Pradesh government held a roadshow showcasing the state's industrial growth in Mumbai on Friday ahead of the Uttar Pradesh International Trade Show (UPITS 2025) likely to be organised at Greater Noida from September 25 to 29. UPITS a platform to display state's talent, traditions, said UP MSME, Khadi and village industries minister Rakesh Sachan at the Mumbai roadshow (HT file) An official spokesman called this a strategic move to position Uttar Pradesh as a national hub for investment and exports. The roadshow, organised at Walchand Hirachand Hall, IMC Building, Churchgate in the economic capital of the country, aimed at attracting business leaders, sourcing agencies, and institutional buyers from Maharashtra. It not only showcased the opportunities available in Uttar Pradesh but also opened doors for new industrial partnerships between the two states. Uttar Pradesh's minister for MSME, Khadi and village industries Rakesh Sachan was the chief guest while senior officials from the Maharashtra government and top representatives from India's leading industry bodies also attended the roadshow. Sachan said, 'UPITS is not just a trade fair — it's a global platform to showcase the talent and traditions of Uttar Pradesh. Schemes like ODOP and PM Vishwakarma are helping local artisans and MSMEs gain international recognition.' V. Pandian, commissioner of industries, said the trade show will connect key sectors such as food processing, textiles, electronics, engineering and ODOP products. The event will feature special B2B meetings, international buyer delegations and dedicated export clusters that will highlight UP's growing industrial strength. Neeraj Khanna, chairman, Export Promotion Council for Handicrafts (EPCH), said, 'Exporting handcrafted products made by Indian artisans is crucial for the country's socio-economic growth. UPITS is a big step in that direction.' Representatives from the Maharashtra Chamber of Commerce, Builders Association of India (BAI) and India Expo Mart praised the UP government's forward-thinking approach and committed to building stronger business ties with the state. A short film was also shown and a presentation on UPITS was made on the occasion. The success of previous editions — which attracted millions of visitors and trade inquiries worth thousands of crores — shows the clear vision to make UPITS 2025 one of the most impactful trade shows in the country.
&w=3840&q=100)
Business Standard
6 hours ago
- Business Standard
DFS Secy Nagaraju seeks insurance brokers' help to boost coverage in India
The Department of Financial Services Secretary, M Nagaraju, on Friday urged insurance brokers to participate actively in state-level and sub-level insurance programs to raise awareness and increase insurance penetration in the country. Speaking at the 25th Foundation Day of the Insurance Brokers Association of India (IBAI), Nagaraju said, 'We need your active participation in state-level and sub-level insurance programs. There is vast uncapped potential in tier-2 and tier-3 cities, agricultural and rural zones, in unorganised sectors, and among small businesses." He stated that insurance brokers can help increase awareness about the importance of insurance among remote and low-income populations. They can also play a crucial role in building trust between insurers and the insured by acting as transparent advisors, simplifying product dissemination, and supporting the capacity building of local intermediaries. 'In addition, the intermediaries support government-led insurance schemes, whether in agriculture, health, or credit, with better design, training, and implementation support,' Nagaraju said. He also noted that the insurance brokerage sector is a significant generator of employment, both directly and indirectly, with thousands of professional support staff, underwriters, claim handlers, IT specialists, and marketing personnel employed or supported by the broker ecosystem. 'When brokers thrive, it creates employment across the service economy, including legal, technical, and financial advisory services. This employment impact must be nurtured and expanded through skill development, certification, and digital inclusion.' While commending the thought-provoking activities of insurance brokers, Nagaraju said that going forward, he would encourage brokers to use these channels to focus on emerging issues such as cybersecurity, cyber risk, ESG compliance, and disaster resilience in order to develop proactive pre-loss strategies for national resilience.
