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Home Breaking News

We commit to empower MSMEs for Viksit Bharat by 2047: CII Southern Region chief

She said, ‘‘CII will take up Hosur Small and Tiny Industries Association’s (HOSTIA) long pending demand for Jolarpet-Krishnargiri-Hosur Rail link project with the government and establish CII’s office at Hosur during the current financial year.’’

by NavJeevan
1 year ago
in Breaking News, Business, Chambers of Commerce, chennai, Companies, Human Interest, Information Technology, Launchpad, MSMEs, National, Student's Corner
Reading Time: 4 mins read
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We commit to empower MSMEs for Viksit Bharat by 2047: CII Southern Region chief

Dr R Nandini (middle), Chairperson, CII, Southern Region and Thomas John (left) Deputy Chairman, CII Southern Region and N M P Jeyesh (right), Regional Director, Southern Region, Confederation of Indian Industry at the press conference in Chennai on Monday. PHOTO: R ARIVANANTHAM

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R ARIVANANTHAM
CHENNAI, APRIL 8

The Confederation of Indian Industry, Southern Region (CII- SR) will contribute to Viksit Bharat aimed at transforming India into a fully developed nation by the year 2047, said Dr R Nandini, Chairperson of Confederation of Indian Industry (CII) – Southern Region in her maiden address to the media on Monday.

She said, ‘‘CII will take up Hosur Small and Tiny Industries Association’s (HOSTIA) long pending demand for Jolarpet-Krishnargiri-Hosur Rail link project with the government and establish CII’s office at Hosur during the current financial year.’’

  • CII will take up Hosur Small and Tiny Industries Association’s (HOSTIA) long-pending demand for Jolarpet-Krishnargiri-Hosur Rail link project with the government; establish CIIs office at Hosur this fiscal
  • Launches State-Level Task Force for Industry 4.0 Readiness to catalyze their Growth
  • CII SR has 3,069 Members in the region with 63% constituting MSMEs of which Tamil Nadu continues to lead the country in terms of membership at 1,418: Thomas John Muthoot, Deputy Chairman, CII Southern Region

In her presentation, Dr R Nandini said, the key focus areas are innovation, economic growth, and regional resilience as it stands as a cornerstone of India’s economic prowess showcasing a diverse industrial landscape, a skilled labour force, and a robust infrastructure.

Dr R Nandini, Managing Director, Chandra Textiles Pvt Ltd took over as Chairperson of CII Southern Region for the period 2024-25 along with Thomas John Muthoot, Deputy Chairman, CII Southern Region & Chairman & Managing Director, Muthoot Fincorp Ltd recently.

Outlining the key strategy areas for the year 2024-2025, Dr Nandini said, “Under the banner of South India@100, the theme aligned with CII National theme is Transformation  through Competitiveness, Growth, Sustainability, Trust & Globalisation.”

Chalk out 9-Track programme

CII SR is initiating a 9-Track program focusing on education, skills, sustainability, tech adoption, energy transition, startups, MSMEs & Ease of Doing Business (EODB), manufacturing competitiveness, global partnerships, Wellbeing & Healthcare and Brand Building & Sectoral Promotion,”.

“We would continue to work closely with the Southern State Governments and Industry assisting and facilitating in empowering MSMEs, catalyzing the tier 2 and 3 cities across the region, and promoting sustainable industrial growth in the coming years,” she added.

Empowering MSMEs; 3-pronged strategies to promote Southern States

Dr Nandini said, “To achieve this ambitious goal of making Tamil Nadu achieve $1 Trillion by 2030, empowering MSMEs, catalyzing tier 2 and tier 3 cities across the state, and promoting sustainable industrial growth is vital. In this regard, CII SR has chalked out a three-pronged strategy – first to promote Southern States as an attractive investment destination globally, second, to work with existing industries for their competitiveness development of their business operations and provide global linkages and thirdly, help Industries follow ESG practices for a sustainable South India.’’

Detailing the action plans under the Manufacturing Competitiveness category, she said, “CII will work closely with the State Government in bringing State level policies on Manufacturing and Industry 4.0, as these are very important in realising the economic goals and vision of Southern States. CII has further set up a state-level Task Force on Digital Transformation to support industries in their digitalization initiatives. This is primarily to make CII member companies ready for Industry 4.0”.

“CII will continue to handhold 3,000+ MSMEs who will be serviced and sensitized on various elements of competitiveness in collaboration with CII Centres of Excellence,” she added.

“On the Growth front, CII would give special focus on State Level Industrial Policies and sectoral policies in areas like Startups, Fintech, AI, Logistics and Sustainability. CII will work with the Government in the development of Industrial Parks in Tier II and Tier III towns.

Expanding further on the development of Tier II & III Industrial Cities, Dr Nandini said, “Tier II and Tier III cities are the growth engines of any State. We must transform these cities into industrial hubs. With the CII Southern Region having 18 Offices in the South and 9 Offices in Tamil Nadu, strengthening our engagement with Industries in Tier II and Tier III cities will lead to overall economic growth. Recently, we opened our Karur office to assist and strengthen the 80-plus members and establish an office at Hosur”, she added.

“Sustainability, the third category is a very important focus for CII and the Government. CII has commenced working with the industry on the energy transition from conventional to clean energy. We expect to start seeing results in the coming years. Lastly, on the Globalization front,  CII will work with States in formulating policies to boost exports as it is very important for the future of Indian Industry and the Mystic South Summit in January 2025 will bring in global investors community to Chennai where South India’s Industry would be showcased,” she pointed out.

Highlighting the increase in membership numbers in the Southern States, Thomas John Muthoot said, “CII SR has 3,069 Members in the region with 63% constituting MSMEs of which Tamil Nadu continues to lead the country in terms of membership at 1,418”.

Tags: Chandra TextilesCII Southern Region chiefDr R Nandiniempower MSMEsMuthoot FinanceThomas John MuthootViksit Bharat
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