CII Karnataka announces its ‘key priority areas’ for growth & development in 2022-23

MSME & Growth Beyond Bengaluru in Tier-2 and Tier-3 cities in focus

CII Karnataka announces its ‘key priority areas’ for growth & development in 2022-23
(L-R) Vijaykrishnan Venkatesan, Vice Chairman, CII Karnataka, Arjun Ranga, Chairman, CII Karnataka and Managing Director, N Ranga Rao & Sons Pvt Ltd, Radhika Dhall, Director, CII Karnataka.

Bengaluru, July 19, 2022: Arjun M Ranga, Chairman, CII Karnataka & Managing Director, N Ranga Rao & Sons Pvt Ltd and Vijaykrishnan Venkatesan, Vice Chairman, CII Karnataka State Council and Managing Director, Kennametal India Ltd, the elected leadership for CII Karnataka State 2022-23 during a media interaction highlighted five key priorities of CII for the State of Karnataka– Policy Advocacy, MSME Engagement, Startups, Industry Institute Interaction and Beyond Bengaluru.

Commemorating the 75th year of India’s independence, CII’s theme for 2022-23 is India@75: Karnataka – Accelerating Transformation through Innovation & Inclusion focussing on theme enablers like enhancing Policy Advocacy and Government interventions, driving sectoral and functional competitiveness, and enhancing membership services leveraging strengths of Zone and districts.

“As a part of our agenda this year, CII has been working closely with the Karnataka Government on key growth areas such as, ease of doing business, taxation policies, adoption of clean energy and alternative fuels, skilling and up-skilling initiatives as well as driving industrial growth beyond Bengaluru and development of Tier-2 and Tier-3 cities”, said Arjun Ranga. Further elaborating on the MSME segment, Arjun said, “MSME engagement being a key focus area, CII Karnataka has been extensively promoting growth and development for MSMEs as well as converging on policy related interventions.”

The membership engagement plans highlighted enhancing competitiveness and enabling growth with a key focus on sustainability for the industry. This would be further supported through engagements with CII’s specialised services delivered by its 10 Centres of Excellence, international market development initiatives and exposing member companies to industry best and good practises on Environmental, Social and Governance (ESG). Speaking to media persons, Vijaykrishnan Venkatesan said, “Industry Institute Interaction has been initiated as a new engagement plan, considering the membership strength of Karnataka, with institutes contributing to 10% of the overall membership and the need to build greater engagement between industry and academia to equip the youth with future-ready work and business skills.”

CII has been working with the Government of Karnataka on areas like Labour Codes, through IR experts, lobbying constantly for an effective and smooth implementation, which is expected to be rolled out shortly. Decriminalisation under various acts will be another focus area under Policy advocacy for the state as this being a National agenda, to decriminalise minor offences and enhance ease of doing business. CII proactively engages with various stakeholders including international consulates for business opportunities and initiatives like catalysing job creation through career fairs & internships and enhancing sectoral competitiveness through focussed interventions such as the CII Indian Women Network and CII Young Indians.

The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering Industry, Government, and civil society through working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for Industry.

For more than 125 years, CII has been engaged in shaping India’s development journey and works proactively on transforming Indian Industry’s engagement in national development. The premier business association has around 9000 members, from the private as well as public sectors, and an indirect membership of over 300,000 enterprises from around 286 national and regional sectoral industry bodies.

With 62 offices, including 10 Centres of Excellence in India, and 8 overseas offices in Australia, Egypt, Germany, Indonesia, Singapore, UAE, UK, and USA, as well as institutional partnerships with 350 counterpart organizations in 133 countries, CII serves as a reference point for Indian Industry and the international business community.