FKCCI’s Legacy and Impact on Karnataka’s MSMEs and Industrial Development

MSME Conclave 2024- Focus Engineering

FKCCI is organizing the MSME Conclave-2024 with the support of* *Ministry of MSME, Government of India on 30th & 31st August at Palace Grounds, Bengaluru.*

This MSME Conclave-2024 presents an exceptional opportunity to network with major PSU’s & Corporates for vendor development & facilitating preferences in government and corporate procurement for MSME products and services under Make in India Scheme.

The Federation of Karnataka Chambers of Commerce & Industry (FKCCI), an esteemed organization with a history of 108 years, was founded by the illustrious Bharata Ratna Sir M. Visvesvaraya.

He is celebrated for his engineering excellence, visionary leadership, and significant contributions to both institutional and national development.

FKCCI currently boasts a membership of approximately 3,800 direct members and 250,000 indirect members. Its legacy began with the establishment of the Mysore Chamber of Commerce on May 8th, 1916, which was dedicated to serving the interests of the business community from its inception.

Over time, the Chamber evolved into what is now the Federation of Karnataka Chambers of Commerce and Industry (FKCCI). Guided by distinguished industrialists for over a century, FKCCI has solidified its position as the leading organization for industry, trade, and service sectors in Karnataka.

From its inception, FKCCI has been committed to promoting the interests of the state and the nation by fostering economic growth through both public and private sector initiatives.

It actively influences policy-making at the State and Central levels, with its membership representing diverse sectors of industry, trade, and services, highlighting its broad influence.

With more than a century of dedicated service to commerce and industry, FKCCI is recognized as one of the foremost chambers in the country and holds the distinction of being one of the oldest chambers in any Indian state.

The Federation includes a wide network across Karnataka, comprising District Chambers of Commerce and Trade Industry Associations.

FKCCI is a member of national bodies such as FICCI and FIEO, facilitating trade collaborations between Karnataka industries and international enterprises through its global affiliations. FKCCI actively engages in discussions with international trade entities, furthering opportunities for Karnataka’s industries on the global stage.

About MSME

The Micro, Small, and Medium Enterprise (MSME) sector is a highly dynamic and vibrant segment of the Indian economy. MSMEs play a crucial role in providing significant employment opportunities at a relatively lower capital cost compared to large industries.

They also contribute to the industrialization of rural and backward areas, reducing regional imbalances and ensuring a more equitable distribution of national income and wealth.

After agriculture, the MSME sector holds the second-largest share in employment generation. MSMEs are instrumental in the socio-economic development of the country, serving as the backbone of the industrial sector in terms of their sheer numbers.

Aims & Objectives

The MSME Conclave-2024 aims to strengthen the connection between Micro, Small, and Medium Enterprises (MSMEs) and Public Sector Units (PSUs) as well as corporate entities under the government’s procurement preference scheme.

The goal is to better understand procurement needs, enabling MSMEs to compete in the global market through vendor development, with a focus on creating indigenous products under the ‘Make in India’ program.

As India approaches its 5 Trillion Economy milestone, the MSME sector has a unique opportunity to come together under one roof to explore solutions, build new connections, and learn from leaders in smart manufacturing and engineering.

This event will showcase cutting-edge innovations in hardware, software, and AI solutions to address the current industry’s needs. Participants will have the chance to stay updated on sector developments and learn how to navigate the increasingly complex and technology-driven landscape during this conclave.

Stall facilities are available for the display of products and services.

Conference / Experts Speak

Hear from experts in manufacturing and engineering as they discuss the latest technological advancements from leading companies in the field.

B2B – Vendor Development Meets

With key PSUs from the manufacturing and engineering sectors in attendance, this event provides an ideal platform for B2B meetings with companies such as BHEL, BEML, THALES, BEL, TATA Advanced Systems, Railways, and a full spectrum of industries from design, engineering, manufacturing, maintenance, and services.

Sectors Represented

• Machine Tools & Accessories
• Automation & Robotics
• Instrumentation & Controls
• Hydraulics & Pneumatics
• Auto Components & Accessories
• Castings & Forgings
• Electrical & Electronics
• IT Products & Services
• Light & Medium Industries
• Storage Systems
• Laser Technology
• Pumps & Valves
• EV Renewable Energy
• Power Tools
• Wires & Cables Harness
• Lubricants & Adhesives
• Material Handling Equipment
• Disposal Industry
• Metal & Steel
• Packaging Machinery & Equipment
• Plastics Machinery & Equipment
• Sheet Metal Components
• Safety & Security Equipment
• Testing & Measuring Instruments
• Pollution Control Systems & Equipment
• Welding Machines, Equipment & Technologies

Exciting Subsidy Opportunities!

100% Subsidy: A fantastic opportunity awaits Women and SC/ST Entrepreneurs in Aspirational Districts. Take advantage of this full subsidy to maximize your participation.

80% Subsidy: General Category participants registered under UDYAM in MSME can also benefit from an impressive 80% subsidy.

Who Can Participate?
Individual MSEs participating in Trade Fairs and Exhibitions are eligible for these subsidies.

Space Rent (Stall) Charges:

Enjoy an 80% subsidy on built-up space rent if you’re in the General category.

For Women, SC/ST, PH, and Aspirational District units, a full 100% subsidy is available on the minimum stall size for Micro and Small Enterprises.

Contingency Expenditure:

Get 100% coverage for travel, publicity, and freight, up to a maximum of Rs. 25,000/- or actual expenses, whichever is lower.

One representative from each participating unit is eligible for travel reimbursement, limited to AC II tier train fare or Economy Class Airfare per event.

Office Bearers:

Shree- Ramesh Chandra Lahoti- President

Smt- Uma Reddy- Sr. Vice President

Shree- M G Balakrishna- Sr. Vice President

Shree- B V Gopala Reddy- Immediate Past President