Thursday, February 26, 2026

Industry Must Power India’s March To Viksit Bharat: His Highness Sri Yaduveer Krishnadatta Chamaraja Wadiyar



* Mysore Royal Scion Unveils BCIC 50th Year Logo

“As we celebrate this Golden Jubilee of BCIC, we must recognise that the strong 50-year foundation that has been built is not merely a milestone of the past, but the launchpad for the next 50 years of India’s growth journey. In the halfway mark of that journey, we will witness our Honourable Prime Minister’s vision of Viksit Bharat becoming a reality. This transformation, however, will not happen automatically it requires the active participation, insight and leadership of our industry,” said His Highness Sri Yaduveer Krishnadatta Chamaraja Wadiyar, while unveiling the Golden Jubilee Year logo of the Bangalore Chamber of Industry and Commerce (BCIC) in Bengaluru.

He stressed that as the world advances rapidly, India cannot remain content with the label of a ‘developing nation.’ To build Viksit Bharat, the country must match global standards and lead wherever possible, staying competitive and innovative while navigating the realities of an emerging economy. Green technology, he noted, is central to this journey, with India needing to be at the forefront of sustainable, future-ready growth. Achieving this vision will require bold thinking, long-term commitment and strong government-industry alignment, with industry’s role being indispensable to translating ambition into tangible national outcomes.

Sri Yaduveer traced BCIC’s roots to its inspirational predecessor established in the erstwhile State of Mysore under the leadership of Maharaja Nalwadi Krishna Raja Wadiyar and guided by Diwan Sir M. Visvesvaraya, with the support of Yuvraja Kantirava Narasimharaja Wadiyar. He noted that this early institution laid the foundation for structured industry-government collaboration in Karnataka. Drawing a parallel, he said BCIC continues that legacy by serving as a vital platform supporting policymakers and strengthening industry engagement.

The logo was unveiled at a special ceremony held at the Grand Ballroom, Sheraton Grand Bangalore Hotel, Rajajinagar, in the presence of industry leaders, senior officials, past presidents, members and invited guests. The event formally marked the beginning of BCIC’s 50th year celebrations.

Founded in 1976, BCIC has grown into one of Karnataka’s leading industry bodies. Over five decades, the Chamber has served as a platform for policy advocacy, industry representation and dialogue between business and government. The Golden Jubilee year celebrates this journey and the collective contribution of its members and leadership.

Prashant Gokhale, President of BCIC, reflected on the Chamber’s evolution and its continued relevance in a changing economic environment. He noted that BCIC has consistently adapted to new developments while remaining committed to supporting industry and contributing to the state’s growth.

CA. K. Ravi, Senior Vice President and Chairman of the Golden Jubilee Committee, outlined the roadmap for the commemorative year. “Reaching fifty years is a proud and significant milestone for BCIC. This journey has been shaped by the vision of our founders, the leadership of those who guided the Chamber over the decades and the strong support of our members. The Golden Jubilee year will honour this legacy while also focusing on the future, strengthening engagement, encouraging innovation and deepening our contribution to Karnataka’s development,” he said.

During its Golden Jubilee year, BCIC has unveiled a transformative agenda focused on innovation and global collaboration. Key initiatives include a Smart Manufacturing Summit with the Osaka Government, an India-Japan MSME portal supported by SMRJ and a Centre of Excellence in Smart Manufacturing with Karnataka and Japanese partners. The year will also feature a major industry conference in Mysore, multiple sectoral events, deeper startup engagement and expanded global outreach to markets like Singapore, Dubai and Australia positioning the Jubilee as a launchpad for BCIC’s next phase of growth.

Photo Caption: His Highness Sri Yaduveer Krishnadatta Chamaraja Wadiyar unveils the BCIC 50th Year logo, in the presence of Mr. Prashant Gokhale, President, BCIC and Managing Director, Buhler (India) Pvt. Ltd.; Mr. K. Ravi, Senior Vice President, BCIC and Director, VR e-Biz Solutions Pvt. Ltd.; and Dr. Prashanth Reddy, Vice President, BCIC and Managing Director, FunderMax India Pvt. Ltd.

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