CII to host its 19th Innovation Summit in Bengaluru – Innoverge 2023

Bengaluru, August 7, 2023: CII (Confederation of Indian Industry) has announced the 19th edition of its flagship India Innovation Summit- ‘Innoverge 2023' and its theme "Impacting Global Agenda through Local Innovation” at press meet held here today. The Summit will focus on the Indian ecosystem for innovation excellence with the discussions deliberating on India’s role in shaping global policies, scaling up research & development, talent, tools, technology & overall impact on globalization. CII Innoverge 2023 is scheduled on 17 – 19 August 2023 at Hotel Hilton, Manyata Tech Park in Bengaluru.
 

With Government of Karnataka being the Partner State for 2023, the summit will be addressed by key stakeholders from Information Technology & Biotechnology & Rural Development & Panchayati Raj, Government of Karnataka and Large & Medium Scale Industries & Infrastructure Development, 
Government of Karnataka.

 
CII Innoverge 2023 builds upon its earlier editions and includes an innovation showcase through the Innoverge 2023 exhibition. This will provide attendees the opportunity to experience the demos of leading innovations across various sectors.

 
Kris Gopalakrishnan, Past President, CII & Co-Founder, Infosys & Chairman, Axilor Ventures said, "India's innovation prowess exemplifies local impact with global implications. Our commitment to nurturing talent, advancing R&D, and leveraging technology underscores our role in shaping worldwide policies. As we scale R&D endeavors, we elevate not only our own growth but also influence global progress. The fusion of talent, technology, and tenacity in our ecosystem drives innovation that transcends borders. This Summit is an ideal platform to discuss, debate and shape the Innovation ecosystem in India. “
This calls for interventions including transforming business processes, creating strategies for innovation, incorporating emerging technology tools like web 3.0, and quantum info systems and investment in R&D in emerging areas like healthcare, energy, data science, clean tech, space, manufacturing etc. Every organization, therefore, needs to cultivate individuals, teams and alliances that can constantly innovate new paths for creating value.

Kamal Bali, Chairman, CII SR & President & MD Volvo Group India said, “The Summit serves as a catalyst for cultivating a culture of innovation within the Indian ecosystem. By transcending present boundaries, we engage in visionary discussions, with a dedicated focus on shaping the future. These sessions bear the collective objective of fostering a dynamic ecosystem, one that champions innovation excellence and quality. Our emphasis spans nine pivotal sectors, as we endeavor to forge an environment that propels innovation, augments research and development, nurtures talent, and harnesses technology. Together, we illuminate the path towards a future where innovation reigns supreme, leaving an indelible impact on both local horizons and the global stage."
 

Vijaykrishnan Venkatesan, Chairman, CII Karnataka State Council & Managing Director, Kennametal India Ltd said, "Embracing innovation and harnessing cutting-edge technology are vital factors in unlocking the true potential of diverse industries and driving unparalleled business success. The India Innovation Summit exemplifies a remarkable convergence of progress across sectors such as healthcare, mobility, transportation, manufacturing, and many others. It is a testament to our commitment to pushing the boundaries of what's possible and fostering a thriving ecosystem of transformative ideas."
 

N Venu, Vice Chairman CII Karnataka State Council & Managing Director & CEO, Hitachi Energy India Ltd, said, "As key contributors to the global economy resume growth, and India's sunrise sectors are well positioned to gain momentum. The India Innovation Summit promises to analyse the present terrain and shed light on growth drivers, including ongoing investments and incentives, the dynamic world of venture capital and start-up activities, and most importantly, fostering robust industry-academic collaboration. As we converge to embrace innovation, this summit is committed to be a catalyst for driving our nation's progress and prosperity."

 
The flagship summit is organized in Bengaluru, given the city's strong connection with innovation and technology. With a strong foundation in tech-driven sectors established through institutions and future-tech-based companies in varied sectors, and also with the availability of excellent resources, Bengaluru is well positioned to continue to drive innovation across sectors.
 

The 3-day event will host thought leadership addressing 9 power packed sessions on the Global Innovation Landscape, Advanced Manufacturing, the Future of industry sectors such as mobility, healthcare, sustainability, finance, aerospace and education. The session format will be a mix of keynotes, showcases, and panel discussions with strong academic engagement. The summit will be addressed by CEOs, industry experts and distinguished academia.
 

The summit will harness innovation for organizational growth on a one-of-a-kind platform and the attendees can learn from experts about the best ways to invest in innovation and learn how businesses are adopting high-end technology to maximize business outcomes. The summit's program will also include a conference, exhibition, master class, fireside discussion, and other activities between the private sector, academia, and policymakers.