Vendor Development & Investor Summit-2017 at Bengaluru: Road Show in city to attract investors
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Vendor Development & Investor Summit-2017 at Bengaluru: Road Show in city to attract investors

November 11, 2017

Mysuru: Over 300 industrialists from Mysuru took part in a “Road Show” at Mysore Chamber of Commerce and Industry (MCCI) in Hebbal Industrial Area this morning. The event was held as part of ‘Invest Karnataka: Vendor Development & Investor Summit-2017’ that will be held at Bengaluru International Exhibition Centre on Nov. 23 and 24.

The Road Show was organised by District Industries Centres (DIC) of Mysuru, Chamarajanagar and Kodagu, along with Karnataka Small Scale Industries Association. Representatives from 300 micro, small and medium and large industries took part in the Road Show. The Bengaluru Meet will focus on Aerospace, Defence, Automobiles, Pharmaceuticals, Textiles and Innovation.

It is aimed to provide a platform for enterprises to showcase their capabilities to various OEMs (Original Equipment Manufacturers). There would be Buyer-Seller Meets, Business-to-Business, Business-to-Consumer and Business-to-Government meetings.

Today’s Road Show was inaugurated by Mysuru District Minster Dr. H.C. Mahadevappa in the presence of Minister for Small Industries and Sugar Dr. Geetha Mahadevaprasad, MLA Vasu, who is also the President of Mysuru Industries Association (MIA), former CII Chairman and Wholetime Director of Automotive Axles Dr. N. Muthukumar, Karnataka Small Scale Industries Association President C.R. Hanumanthegowda and Senior Vice-President of Federation of Karnataka Chamber of Commerce & Industry Sudhakar S. Shetty and DIC Joint Director H. Ramakrishnegowda.

Inaugurating the Road Show, Dr. Mahadevappa said that small and medium industries must thrive for large industries to prosper. “Small and medium industries hold the key for development. The government has announced various policies to develop small industries and our focus is sustainable development,” he said.

Reeling out statistics, the Minister said that Mysuru had 14 industrial areas where there are over 31,934 small industries, 30 medium and 35 big industries and 5 mega industries. “Mysuru generates a turnover of Rs. 6,847 crore and gives employment to over 2 lakh people,” he said.

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The Vendor Development Investor Summit in Bengaluru will act as a common platform for small and large units to identify vendors of their choice in terms of production capacity and quality standards. The meet will also help MSMEs to understand the need of large units. This will also help the MSMEs to expand their capabilities, he added.

 DEMAND OF INDUSTRIALISTS

At the Road Show, representations were given to the Minister by industrialists who demanded the State government to construct either an underpass or over bridge near the JSS Urban Haat for smooth movement of industry vehicles, conversion of BEML Road into a 4-lane road and widening and upgradation of Hootagalli-KRS Road. Listening to the demands, Minister Mahadevappa said that he would take up the issue at the government level.

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