SME Connect portal, developed by the Invest Karnataka Forum | Bridge the gap between SMEs and buyers or OEMs at local, national, and international levels | Global TV

Posted on: December 6, 2024

Government of Karnataka boosts SME Engagement with Flipkart, Federal Bank, and FICCI in Lead-Up to Invest Karnataka 2025 | Global TV

Mangalore, 6th December – The Government of Karnataka, reaffirming its commitment to fostering technology-driven growth and industrial innovation, hosted a specialized SME Connect interactive session. This initiative was organized in collaboration with Flipkart, Federal Bank, FICCI, and Kanara Chamber of Commerce And Industry, as part of preparations for the upcoming Global Investors Meet, Invest Karnataka 2025. The effort aims to build a digitally advanced and globally competitive industrial ecosystem across the state.

The session featured insightful discussions led by Mr. Gokuldas Naik, Joint Director, Department of Industries and Commerce, GoK, Mr. Nilesh Kumar, Associate Director of Corporate Affairs at Flipkart, Mr. Rajeev VC, Regional Head of Federal Bank, Mr. K Ullas Kamath, Chairman, FICCI, Mr. Vasuki Kashyap, NASSCOM, and Mr. P B Ahmed Mudassar, Vice President, KCCI. These industry leaders shared actionable insights on adopting Industry 4.0 technologies, enhancing export capabilities to position SMEs as global suppliers, leveraging e-commerce platforms for growth, accessing tailored financial solutions, and utilizing government portals to connect with original equipment manufacturers (OEMs) and buyers across sectors. Participants were also encouraged to leverage networking opportunities through FICCI to expand their business prospects.

A key highlight was the unveiling of the SME Connect portal, developed by the Invest Karnataka Forum. This portal bridges the gap between SMEs and buyers or OEMs at local, national, and international levels. It addresses critical challenges faced by micro and small enterprises, such as marketing their products and connecting with the right customers, enabling seamless market expansion.

Beyond insights into exports, finance, e-commerce, and business continuity, the session provided a comprehensive overview of strategies for navigating today’s dynamic business landscape. MSME entrepreneurs engaged with industry experts, enhancing their knowledge and equipping themselves to innovate and thrive in competitive markets.

This initiative underscores Karnataka’s vision of transforming its industrial landscape while nurturing a robust and resilient SME ecosystem. By empowering SMEs as pivotal contributors to the state’s economic growth, the Government is ensuring they are well-prepared to seize opportunities at Invest Karnataka 2025.

Similar SME Connect interactive sessions are scheduled in Mysore on 11th December and Kalaburagi on 17th December, further expanding outreach and engagement across the state.

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