CeBIT India 2015, organized by Hannover Milano Fairs India Pvt Ltd, the Indian subsidiary company of the global joint venture of Deutsche Messe (Germany) and Fiera Milano Group (Italy), has partnerted with the Consortium of Electronic Industries of Karnataka, to boost the Electronic System Design & Manufacturing (ESDM) sector in the state. CeBIT, to be held from 29th-31st October, at the Bangalore International Exhibition Centre (BIEC), the show will provide a global platform for MSMEs to showcase their innovations at the CLIK pavillion.
According to recent reports, the ESDM market is expected to reach USD 400 billion worldwide by 2020, and the state of Karnataka aims to tap 10 percent of the total market. The MSME sector is poised to play a critical role in catering to the supply chain demands of the ESDM sector. The collaboration between CeBIT and CLIK will further promote growth in the ESDM sector and provide newer forays for collaboration between member MSMEs, government, and service providers, as well as encouraging global investment in the state, the press release said.
“Last year, India’s maiden CeBIT made a bold statement about the country’s prowess in technology innovation. The show was attended by over 450+ exhibitors from 35 countries, along with 90 startups from the field of IT, IT-enabled services, and electronics. The event also showcased 127 Micro, Small and Medium Enterprises (MSMEs) across 19 States, providing a stimulus to technology buying in the country as well as attracting strategic investments in the sector. The SMB industry makes up to 22 per cent of the country’s workforce and is a critical driver of India’s GDP. Our association with CLIK is a step forward in recognizing the immense potential of SMB/MSMEs in the state of Karnataka and create new business opportunities in the state, well known as the IT capital of India.”, said Mehul Lanvers-Shah, Managing Director, Hannover Milano Fairs India Pvt Ltd.