The 6th India Manufacturing Show, IMS 2023, a flagship event organized by Laghu Udyog Bharati -Karnataka under the IMS Foundation banner was organised on November 2, 3, 4, 2023 at Bengaluru International Exhibition Centre, Bengaluru, supported by the Department of Defence Production & Ministry of Defence, Government of India. A one-day conference was jointly organised by India Foundation, Laghu Udhyog Bharti & IMS Foundation in Bengaluru, Karnataka on “Emerging Indian Economy”, on November 03, 2023. There were 3 panel discussions on “Outlook on Indian Economy & Potential”, “India Emerging as a Global Manufacturing Hub” & “India: The Next Global Investment Destination”. All three panel discussions were addressed by the area experts. A select group of 250 MSME owners participated in the conference.
Panel Discussion I on “Outlook on Indian Economy & Potential” was moderated by Shri Rajat Sethi, Entrepreneur. Ms Ila Paitnaik, Chief Economist, Aditya Birla Group, Shri Pradeep S Mehta, Secretary General, CUTS & Dr Devarajan, President, Bangalore Chamber of Industry & Commerce addressed the session. The panel discussed the journey of Indian economy from being in fragile five in 2013 to now becoming the growth engine of the world.
Panel Discussion II on “India Emerging as A Global Manufacturing Hub” was moderated by Shri Apurv Mishra, Consultant EAC-PM. Shri Soumitra Bhattacharya, CEO and Director IFQM (Indian Foundation for Quality Management), Shri T.K Ramesh, MD, Ace Designers & Dr Devarajan, President, Bangalore Chamber of Industry & Commerce addressed the session. The panel discussed on how in last 9 years, India from being the 10th largest economy in 2014 became the 5th largest economy in the world. Acc to EY & PWC reports on what Indian Economy will look like in 2047, it is predicted that India will grow between 6 times to thirteen times.
Panel Discussion III on “India: The Next Global Investment Destination” was moderated by Shri Raj Kumar Jain, Head- Business Development, Adani Green Energy Ltd. Shri Mahesh Nandurkar, Managing Director, Jefferies India, Shri Chandrashekar HG, Founder-CMD Sasmos HET Technologies, Shri Rajashekar Venkat, Director & GM, Asia-Pacific Region Machining Solutions Group (MSG), Kennametal Inc & Shri Manish Kumar Singh Deputy General Manager (SME), State Bank of India addressed the session.
