Enhancing Karnataka's Global Competitiveness: CII Unveils Roadmap for Growth
ByAinvest
Thursday, Jun 19, 2025 3:45 pm ET1min read
CII--
The roadmap, titled "Accelerating Karnataka’s Competitiveness: Globalisation, Inclusivity, Sustainability, Trust," emphasizes the expansion of Global Capability Centres (GCCs) from support hubs to strategic innovation engines across sectors. This shift is expected to catalyze investment, foster deep-tech capabilities, and fast-track industrial transformation. The plan also includes simplifying GST and taxation, easing regulatory compliance, and improving infrastructure and connectivity for balanced industrial development.
Rabindra Srikantan, chairman of CII Karnataka, highlighted the importance of creating a resilient and agile ecosystem that empowers industries to lead in strategic areas like semiconductors, design-led manufacturing, AI-powered production, and clean energy. Guruprasad Mudlapur, vice-chairman of CII, underscored the commitment to accelerating inclusive and future-ready growth by strengthening competitiveness, ease of doing business, and building trust to enable MSMEs across the state.
The roadmap aligns with the broader vision of "Viksit Bharat" and focuses on infrastructure, policy simplification, and technology adoption to drive industrial resilience. By equipping businesses, especially MSMEs in Tier 2 and 3 cities through structured mentoring and skilling platforms, CII aims to create a robust industrial ecosystem that can compete on the global stage.
References:
[1] https://economictimes.indiatimes.com/tech/artificial-intelligence/will-focus-on-ai-led-transformation-sunrise-sectors-msmes-capacity-building-cii/articleshow/121953468.cms
[2] https://www.thehindu.com/news/national/karnataka/cii-lays-road-map-to-enhance-karnatakas-competitiveness-in-global-market/article69714228.ece
GLP--
MSM--
The Confederation of Indian Industry (CII) has unveiled a new road map to enhance Karnataka's competitiveness in the global market. The focus areas include AI-led transformation, sunrise sectors, and capacity building for MSMEs. The CII aims to empower MSMEs through digitization, ESG adoption, and cluster-based support, and strengthen collaborations with academia, startups, government, and global partners to drive investment and foster deep-tech capabilities.
The Confederation of Indian Industry (CII) Karnataka has unveiled a new roadmap to bolster the state's competitiveness in the global market. The focus areas include AI-led transformation, sunrise sectors, and capacity building for MSMEs. The initiative aims to empower MSMEs through digitization, ESG adoption, and cluster-based support, while strengthening collaborations with academia, startups, government, and global partners to drive investment and foster deep-tech capabilities.The roadmap, titled "Accelerating Karnataka’s Competitiveness: Globalisation, Inclusivity, Sustainability, Trust," emphasizes the expansion of Global Capability Centres (GCCs) from support hubs to strategic innovation engines across sectors. This shift is expected to catalyze investment, foster deep-tech capabilities, and fast-track industrial transformation. The plan also includes simplifying GST and taxation, easing regulatory compliance, and improving infrastructure and connectivity for balanced industrial development.
Rabindra Srikantan, chairman of CII Karnataka, highlighted the importance of creating a resilient and agile ecosystem that empowers industries to lead in strategic areas like semiconductors, design-led manufacturing, AI-powered production, and clean energy. Guruprasad Mudlapur, vice-chairman of CII, underscored the commitment to accelerating inclusive and future-ready growth by strengthening competitiveness, ease of doing business, and building trust to enable MSMEs across the state.
The roadmap aligns with the broader vision of "Viksit Bharat" and focuses on infrastructure, policy simplification, and technology adoption to drive industrial resilience. By equipping businesses, especially MSMEs in Tier 2 and 3 cities through structured mentoring and skilling platforms, CII aims to create a robust industrial ecosystem that can compete on the global stage.
References:
[1] https://economictimes.indiatimes.com/tech/artificial-intelligence/will-focus-on-ai-led-transformation-sunrise-sectors-msmes-capacity-building-cii/articleshow/121953468.cms
[2] https://www.thehindu.com/news/national/karnataka/cii-lays-road-map-to-enhance-karnatakas-competitiveness-in-global-market/article69714228.ece
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet