Hyderabad, 27th October 201:Government of Karnataka aims to leverage on the technology and manufacturing prowess to attain a position of leadership and excellence in manufacturing and overall industrial development. In this regard, Government of Karnataka is organizing Vendor Development and Investors Summit on 23rdand 24thNovember 2017 at BIEC, Bengaluru. The summit will act as a common platform for CPSUs, SPSUs, Mega and Large units in identifying vendors of their choice in terms of production capacity and quality standards. This meet will also help MSMEs understand the need of the OEMs. In addition, this programme will benefit MSMEs in planning their production and product diversification.
More importantly, the Summit will facilitate the participating companies in exploring the investment opportunities in the State of Karnataka and firm up their new/expansion investment proposals with the State Government in terms of project approvals or MOUs.
To promote the event among Original Equipment Manufacturers (OEM’s) and MSME’s of Hyderabad, Hon’ble Minister for Large & Medium Industries and Infrastructure Development along with Senior officers of Karnataka Government visited Hyderabad today. During the day the delegation met with some of the key industries from Hyderabad to invite them to participate in the event and to discuss their interest in expanding their business in Karnataka. The delegation had B2G meetings with 17companies covering various sectors.
Hon’ble Minister and the team met Mr Ashok Reddy, President – Corp Affairs and Infrastructure, Cyient Limited. Mr Sanjay K Singh, Divisional Chief Executive, ITC Ltd., Mr A V Reddy, CEO, AVR Constructions., Mr G Sandesh Reddy, Director, Lifestyle Homes Pvt Ltd., Mr Vikram Gourineni, Managing Director, Amara Raja Power Systems Ltd., Mr J V Rao, Vice President-Operations& Mr Arvind Verma, Head-Quality, Tecumseh Products India Pvt Ltd., Mr Sai D Prasad, President, Bharat Biotech International Ltd., Mr G V K Rao, Chief Managing Director, Pragati Group of Companies., Dr Kiranmai Pendyala, Corporate Vice President-HR, Advanced Micronic Devices Ltd., Mr Ram Reddy, CEO, Moschip., T Shankar Babu Rao, Managing Director, SBR Estates Pvt Ltd., Mr Rajesh Ramnani, Business Partner,
Mr Harish Ramnani, Karachi Bakeries. Ms Shoba Dixit, Director, Alpla India Pvt Ltd., Ms Padmaja Bhanu, Managing Director, Terra Greens Organic., Mr Suresh Chitturi, Chairman, Srinivasa Farms Pvt Ltd., Mr Masood Hussainy, Vice President, Tata Advance Systems., Mr Durga Prasad Founder & CEO, Grama Bazaar besides others.
During the meetings, Hon’ble Minister discussed with the companies the support and facilitation provided by Government of Karnataka for implementation of their projects in the state. He also invited them to participate in the forthcoming “Vendor Development & Investors’ Summit 2017” on 23rd& 24th of November 2017 in Bengaluru.
In the evening, Government of Karnataka had organised a Road Show wherein presentation was made on “Manufacturing Eco system of the State” to the large audience present. More than 150 industry representatives and prospective investors participated in the Road Show.
Hon’ble Minster in his address stated that Government is focused on providing momentum for imaging itself as the most industry friendly state in the country. While focusing on the growth, we are taking cautious steps to ensure that the development would not have adverse effects on the environment, people and the ecosystem. He also outlined the potential for investments in various sectors in the state viz. Aerospace & Defence Equipment Manufacturing, Automobiles, Auto components & Electric Vehicles manufacturing, Biotech, Pharmaceuticals and Medical Devices, Agriculture & Food Processing and Machinery, Textile and Apparels and Innovation & Start-ups among others.
Mr. D V Prasad, IAS, Additional Chief Secretary to Government of Karnataka, in his address emphasised on the initiatives undertaken by the state to develop the ecosystem for the overall industrial development with special focus on the MSME sectors.
Mr. Deepak Sood, CEO, Invest Karnataka Forum, made a detailed presentation in the Road Show on “Enabling Manufacturing Ecosystem of Karnataka.”
Mr V Rajanna, Chairman – CII Telangana &Vice President & Regional Head, Global Head-Technology Business Unit, Tata Consultancy Services Ltd., Ms Vanitha Datla, Vice Chairperson, Elico Ltd.,Dr Kiranmai Dutt Pendyala, Corporate Vice President-HR, Advanced Micronic Devices Greater Asia., Mr D R Subramanyam, Founder Director SLN Technologies Pvt Ltd. were present in the Road Show.