The 19th edition of CII’s flagship India Innovation Summit INNOVERGE 2023” kicked off today at, Bengaluru.

In his Inaugural Address, the Chief Guest Mr D K Shivakumar, Hon’ble Deputy Chief Minister, Government of Karnataka shared thatKarnataka is a State of opportunities and over the years the State has become a knowledge and innovation-hub. Accessibility to skilled human resources being one of the key reasons fueling the growth of the State with the Government championing the facilitating role. Hon’ble Deputy Chief Minister further said that all our future endeavors will be result of collaborative efforts between the industry, institute and civil society which will enable the state to emerge as a conducive place for technological advancements and global innovations.

Delivering the Keynote Address as Guest of Honour at the Inaugural Session, Mr Priyank Kharge Hon’ble Minister for Electronics, Information Technology & Biotechnology Rural Development & Panchayati Raj Government of Karnataka spoke on the dynamic landscape existing within Bengaluru, a precipice of reshaping global policies and fostering innovation. Bengaluru has a nexus where diverse technologies merge, giving rise to limitless potential,. Collaborating seamlessly with CII across sectors, we are poised to propel India into a position of global prominence. Guided by indigenous innovation, our collective efforts drive India’s journey towards unparalleled growth, reflected the Hon’ble Minister.

Innoverge 2023 Summit Chairman, Mr Kris Gopalakrishnan, Past President, CII & Chairman Axilor Ventures & Co-Founder, Infosys Ltd, highlighted the symbiotic alliance that thrives between the government and the burgeoning sectors of IT, biotech, and healthcare. This synergy poised Karnataka as India’s capital of knowledge industries, fostering a resilient environment. As we harness AI like ChatGPT 3 and 4, our focus must shift to include improving the quality of life of every citizen. From seamless digital transactions to empowered students, technology bridges gaps. Bengaluru’s entrepreneurial spirit and collaborative ethos propel us forward.

Ms Gunjan Krishna, IAS, the Commissioner for Industrial Development, Department of Commerce and Industries, Government of Karnataka shared that the Government was committed to supporting and strengthening the enabling ecosystem for industrial growth, especially in hi-tech manufacturing which draws on Karnataka skilled talent pool and innovation ecosystem, as well as ensuring employment beyond Bengaluru.

Mr Kamal Bali, Chairman, CII Southern Region & President & Managing Director Volvo Group India, shared thatthe 19th edition of the CII Innovation Summit, was a flagship event by CII being organized in Bengaluru since 2005, empowering and catalyzing innovation. Boasting a formidable industrial ecosystem, nurturing thriving startups across sectors, a beacon for entrepreneurship, Bengaluru, the Silicon Valley of India, brims with dynamic institutions and groundbreaking startups. At the heart of the CII summit, innovation and startups take center stage, shaping the future.

Mr Vijaykrishnan Venkateshan, Chairman, CII Karnataka State Council and Managing Director Kennametal India Ltd remarked that the India Innovation Summit had evolved over the years to become a unique platform to bring together diverse stakeholders to discuss the emerging trends and focus on collaboration and partnership between industry, academia and startups to drive innovation in key sectors and industries which is the corner stone for sustainable and inclusive economic growth driving towards prosperity.

The 3 Day Summit being held between 17-19 August 2023, will deliberate on 9 sectors – manufacturing; automotive & transportation; aerospace & space; tourism & hospitality; healthcare & medtech; energy & sustainability; fintech; retail & commerce; foods & agri that are being transformed by technology and innovation, bringing together over 90+ speakers as well as presenting a technology showcase by startups, industry and institutions of higher education. With Government of Karnataka as the State Partner, the Summit is supported by some of the leading innovative companies including Caurvery Hospital, Kennametal India Ltd, 3M India Ltd, GE Aerospace, Software Technological Parks of India, Infosys Ltd, Apollo Hospitals, Virya Mobility 5.0, Tata Hitachi Construction Machinery Company Pvt Ltd, Volvo Group India Pvt Ltd, ASM Technologies Ltd, Hitachi Energy India Ltd, NR Group, NKP Empire Ventures, Boat, Invest in Bavaria and Kambar.