CII Mangalore Integrate 2024 Conclave

November 18, 2024

The Confederation of Indian Industry (CII) Mangaluru Chapter hosted CII Mangalore Integrate 2024, which featured an exhibition, a buyer-seller meet, and a conference. The theme was ‘Connecting New Business’ which gathered industry leaders, innovators, policymakers, and business professionals.

Significance of MSMEs

Dakshina Kannada Zilla Panchayat CEO K. Anandh inaugurated the event. He discussed the crucial role of Micro, Small, and Medium Enterprises (MSMEs) in the Indian economy. MSMEs contribute to over 10 million jobs. Initially focused on manufacturing, they now operate in trading and services. Government policies have simplified regulations. Public procurement initiatives support their growth.

Resource Distribution and Training

Anandh stressed the importance of equitable resource distribution. He called for more training centers in both urban and rural areas. This approach aims to enhance skills and opportunities for all.

Evolution of South Canara

CII Karnataka past Chairman T. Sudhakar Pai shared insights on South Canara’s transformation. Once among India’s poorest regions, it now thrives due to technology and education. The literacy rate has improved from 12%. Pai brought into light the legacy of Syndicate Bank. It celebrates its centenary next year. The bank has supported local industries and entrepreneurs since its inception.

Event Participation and Impact

CII Mangalore Integrate 2024 attracted around 120 delegates. Participants included representatives from industry and academia. Fifteen exhibitors showcased their innovations. This event telld Mangaluru’s potential as an emerging industrial hub. It brought into light the need for collective efforts to tackle business challenges. Sustainable growth remains a key focus for attendees.

Important Facts for Exams:
MSMEs: Micro Small and Medium Enterprises are vital to India’s economy. They create over 10 million jobs. Their focus has shifted from manufacturing to trading and services.
South Canara: South Canara was once one of India’s poorest regions. Its literacy rate was just 12%. The region has transformed through advancements in technology and education.
Syndicate Bank: Syndicate Bank was founded with jewellery as collateral. It has supported local industries since inception. The bank celebrates its centenary next year denoting its historical significance.
CII Mangalore Integrate 2024: This event showcased Mangaluru’s potential as an industrial hub. It attracted around 120 delegates from various sectors. The theme focused on connecting new business opportunities.

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