Karnataka govt says its SME Connect initiative has benefitted over 2,000 firms

Karnataka government's Global Investor Meet 2025 will be held in Bengaluru from February 12-14, and in the run-up to this event, over 2,000 small and medium enterprises have benefitted from the SME Connect’25. The initiative provides training and capacity-building programmes which help this segment in industry 4.0 adoption, digital transformation, and market access.

Under the theme “Reimagining Growth,” this year’s edition will explore sustainable, inclusive, resilient, and technology-driven pathways to economic progress.

The SME Connect initiative focuses on long-term industrial resilience and vendor development by ensuring that SMEs are equipped to integrate with evolving global supply chains and emerging technologies.

Ahead of GIM 2025, the Karnataka government has implemented several SME-focused programmes aimed at technology upskilling, financial enablement, and business matchmaking, ensuring industrial development beyond Bengaluru. The impact milestones include: 100 SMEs selected for digital transformation implementation with practical interventions, SME Connect Portal launched to leverage AI-powered business matchmaking, linking SMEs with buyers, investors, and supply chain partners, ecommerce onboarding workshops, enabling 100 SMEs to expand sales via Flipkart and Amazon etc.

Kody Technolab enters into JV with UAE company

Kody Technolab Limited (KTL), an Indian robotics and software company has entered into a joint venture with the UAE-based Platinum Group for Businessmen Services L.L.C. The JV named Falcon Tech Robotics will focus on “Made in UAE” robots for diverse industries.

Falcon Tech Robotics LLC, will provide robotic solutions in the areas of defence and surveillance, experiential marketing, hospitality service and cleaning. Falcon Tech Robotics LLC is part of the plan of Kody Technolab to expand its footprint in international markets.

The Platinum Group is a UAE-based conglomerate that has interests in asset management, real estate, oil & gas, sports entertainment, IT, medical, gold, food, defence, and Industrial engineering.