New Delhi, Oct 30 (KNN) Government of Karnataka in association with Confederation of Indian Industry (CII) is going to organize "Vendor Development and Investors Summit 2017" on 23rd and 24th November 2017 at Bengaluru International Exhibition Center to promote investment in the State.

The summit is expected to assist the Micro, Small and Medium Enterprises (MSMEs)  in planning production and product diversification. It will act as a common platform for Community and Public Sector Union, SPSUs, Mega and Large units in identifying vendors of their choice in terms of production capacity and quality standards.

In order to promote the summit among Original Equipment Manufacturers (OEM’s) and MSME’s of Hyderabad, the  Minister for Large & Medium Industries and Infrastructure Development Shri RV Deshpande met many  industry leaders from MSME sector yesterday and invited them to attend the summit.

He assured them that the state government will provide full support in implementing the investment projects of the companies.

The minister said that the government is focused on providing momentum for imaging itself as the most industry friendly state in the country and is vouching for the sustainable growth.

He also highlighted the potential for investments in various sectors in the state viz. Aerospace & Defence Equipment Manufacturing, Automobiles, Auto components & Electric Vehicles manufacturing, Biotech, Pharmaceuticals and Medical Devices, Agriculture & Food Processing and Machinery, Textile and Apparels and Innovation & Start-ups among others. (KNN/AG)