Bengaluru: The state government, in association with the Confederation of Indian Industry (CII) and Ernst & Young (E&Y) plans to organize the Vendor Development & Investors Summit on November 23 and 24.
“It is the constant endeavor of the state government to create conducive environment and nurture manufacturing section in the state as micro, small and medium enterprises (MSMEs) play in important role in the manufacturing section by providing large scale of employment,’’ Minister for Large and Medium Industries and Infrastructure Development R.V. Deshpande told reporters here on Thursday.
The two-day summit will be held at the Bangalore International Exhibition Centre (BIEC). The objectives of the summit include providing opportunities MSMEs to showcase their capabilities to various original equipment manufacturers (OEMs), provide opportunity to the participating companies to explore the investment opportunities in the state, enable OEMs to identify suitable vendors among the MSME sectors.
“Arrangements will be made to Exhibit products of OEMs and MSMEs in two halls of total two lakh sq.ft. Buyer-seller meets, B2B meetings, B2G meetings, sectoral sessions on focus sectors will be held during the summit,’’ the minister said.
The state government has organised road shows in Mumbai, New Delhi, Chennai, Hyderabad, Pune, Ahmedabad and Jamshedpur.
District road shows across the state have been organised in association with Karnataka Small Scale Industries Association (KASSIA) in order to mobilise representation of MSMEs from across the state and across all sectors and sections.
“The two-day summit will showcase the strength of MSME sector to the OEMs of the country and abroad and provide them an opportunity to have business level meetings, not only during the event but even before that by registering on the website launched today,’’ the minister said.
He has also urged all the OEMs across the country and abroad to register and showcase their products in the event and improve their vendor base by interacting with most vibrant MSMEs of the state.
A micro website www.investkarnataka.co.in/vdis2017 has been developed by the state government in coordination with the CII, Karnataka. It provides complete information about the summit including event details, sessions, exhibition, road shows, registration of OEMs and MSMEs for buyer-seller meet and participation in the exhibition.
According to the minister, the focus sectors during the summit include aerospace & defence equipment, automobiles, auto components, electric vehicles, biotech, pharmaceuticals and medical devices, agriculture & food processing and machinery, textile and apparels, innovation & start-ups.
