NEWS – Confederation of Indian Industry (CII) Karnataka Embraces ‘Beyond Bengaluru’ to Boost Sunrise Sectors in FY25

HIGHLIGHTS

Initiative Alignment:

• Aligns with Karnataka Digital Economy Mission’s “Beyond Bengaluru” initiative.
• Focuses on sunrise sectors and industrial clusters outside Bengaluru.
• CII Karnataka chapter collaborates with the state government.

Target Sectors:

• Sunrise sectors: semiconductors, solar, and mobile phones (electronics).
• Emerging segments: aerospace, electric mobility, healthcare, and agri-tech.
• Aimed at growth and job creation.

Beyond Bengaluru Initiative:

• Aims to boost development in tier-II and tier-III cities like Mysuru, Belagavi, Mangaluru, and Hubballi.
• Focuses on improving ease of doing business, skilling programs, and energy efficiency.

Karnataka’s Contribution:

• Significant contributor to India’s GDP, primarily through Bengaluru.
• Initiative seeks to diversify development across the state.

Energy Goals:

• India’s goal to achieve net zero emissions by 2070.
• Target to meet 50% of energy requirements through renewables by 2030.
• Opportunities for businesses in energy generation, transmission, distribution, or consumption.

Industry-Academia Relationship:

• Plans to upskill youth for the future workforce and business environment.
• Engagement with international consulates for business opportunities.
• Promotion of job preparedness and cross-learning initiatives for faculty and students.

Targeted Initiatives:

• CII Indian Women Network.
• CII Young Indians.