Thursday, November 30, 2023

Aditya Birla Sun Life Transport And Logistics Fund NFO Garners Nearly Rs 800 Crore


* Aditya Birla Sun Life Transport And Logistics Fund Received Investment From Over 50,000 Investors

Aditya Birla Sun Life AMC Limited (ABSLAMC), a subsidiary of Aditya Birla Capital Limited and investment manager for Aditya Birla Sun Life Mutual Fund, has collected nearly Rs 800 crore for its Aditya Birla Sun Life Transport and Logistics Fund during the NFO period from 27th October 2023 to 10th November 2023.

The open-ended, equity oriented thematic fund received an overwhelming response from 53,777 investors and has garnered a total of Rs 798.89 crore. The allotment date for the fund was 17th November 2023 and the fund reopened for subscription on 21st November 2023.

Transportation and logistics theme is vibrant and fast-growing. From low vehicular penetration, to rising income and aspirations and significant policy support this theme has robust growth drivers on both the demand and supply side. Well set up for investors to capitalise and build long-term wealth. It presents a wide investing universe, encompassing over 20+ industries and 200+ businesses.

The transportation theme includes sectors like automobiles and auto ancillary while logistics theme includes sectors like ports, warehousing/supply chain, e-commerce and allied sectors. The sectors common to both themes would be shipping, railways, infrastructure and airlines.  

Commenting on the success of the NFO, A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC Ltd said, “We are delighted with the response we have received for our transport and logistics fund. This fund is a unique offering that captures the growth potential of the transportation and logistics sector, which is a key driver of the Indian economy. The fund aims to provide long-term capital appreciation by investing in companies that are well-positioned to benefit from the structural changes and emerging trends in the sector. We believe that this fund will offer a differentiated and diversified opportunity to our investors to participate in the economic recovery and growth story of India.”

About Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company.

ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, servicing around 7.89 million investor folios with a pan India presence across 290 plus locations and a total AUM of Rs. 3,235 billion for the quarter ending September 30, 2023 under its suite of Mutual Fund (excluding domestic FoFs), Portfolio Management Services, Alternative Investment Funds, Offshore and Real Estate offerings.

About Aditya Birla Capital Limited

Aditya Birla Capital Limited (“ABCL”) is the holding company for the financial services businesses of the Aditya Birla Group.

With subsidiaries/JVs that have a strong presence across Protecting, Investing and Financing solutions, ABCL is a financial solutions group that caters to the diverse needs of its customers across their life cycle. Powered by about 42,000 employees, the businesses of ABCL have a nationwide reach with over 1,403 branches, more than 2,00,000 agents / channel partners and several bank partners.

As of September 30, 2023, Aditya Birla Capital Limited manages aggregate assets under management of over Rs. 4 lakh Crore with a consolidated lending book of about Rs 1.09 lakh Crore through its subsidiaries and joint ventures.

Aditya Birla Capital Limited is a part of the Aditya Birla Group, which is in the league of Fortune 500. Anchored by an extraordinary force of over 187,000 employees belonging to 100 nationalities, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, our businesses have grown into global powerhouses in a wide range of sectors – metals, pulp and fibre, chemicals, textiles, carbon black, telecom, cement, financial services, fashion retail and renewable energy. Today, over 50% of Group revenues flow from overseas operations that span 41 countries in North and South America, Africa, Asia, and Europe.

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2023, Sun Life had total assets under management of $1.34 trillion. For more information, please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

Allana Group Sets Ambitious ESG Initiatives To Drive Sustainable Growth For Both Businesses And The Planet


~The Group has infused INR 35 crore into its ongoing sustainability initiatives, signaling a commitment to allocate 2% of the next three years' capital expenditure towards advancing these efforts~

~ Targets Net-Zero Emissions by 2035~

Allana Group, a leading player in the food processing industry, is reaffirming its commitment to sustainability and environmental stewardship with a comprehensive set of ESG initiatives, fostering a more sustainable future for both businesses and the planet. Committed to this goal, the organization remains steadfast in its dedication to delivering top-notch products and services promptly, a commitment deeply rooted in its heritage.

The organizations approach to achieving sustainable growth through Mission 2025 is intricately aligned with its stakeholder materiality matrix. This strategy seamlessly integrates with the Prime Minister of India's pledge to achieve Net-Zero Emissions, emphasizing waste reduction, amplified water conservation efforts, and a dedicated pursuit of the United Nations Sustainable Development Goals (SDGs) along with their associated targets.

A cornerstone of this commitment lies in Allana Group's utilization of Green Solar Energy, a crucial measure in curbing greenhouse gas generation and combating climate change. Through strategic partnerships with the Electricity Board and Solar Power Park, the company presently harnesses 25% of its total power requirement across two of its six operational sites. Since FY 2020, existing operating sites have transitioned to energy-efficient compressor motors, LED lamps, and BLDC fans as a preliminary step in energy conservation. A pledge is made to extend this initiative, aiming to source 25% Green Solar Energy for the remaining four operating sites by March 2025.

Allana Group prioritizes environmental stewardship within its operations. Recognizing water as a vital resource, the company emphasizes the sensible use of water to reduce freshwater demand. All operational units are equipped with effluent treatment plants (ETPs), treating 100% of wastewater to meet regulatory water quality parameters. By 2025, the organization aims to reuse 50% of treated water and implement rainwater recharge structures, aligned with regulatory guidelines. Looking ahead, the company aspires to achieve water neutrality by 2030.

Logistics efficiency remains a priority, with strategic movements resulting in an 8% reduction in carbon emissions during goods transport for exports. Furthermore, the entire fleet's shift to fuel and energy-efficient tires ensures an additional 10% reduction in carbon emissions.

Allana’s sustainability strategy is not just a checkbox; it's a deeply embedded ethos embraced at the highest levels of the organization. The CEO and the Group Level Leadership Team are actively accountable for the company's performance against sustainability goals. To ensure alignment across all functions, a Sustainability Steering Committee, comprising members from Supply Chain, Procurement, Corporate Affairs & Sustainability, Finance, Risk, and Commercial functions, convenes quarterly to discuss performance, approve new initiatives, and allocate resources.

Ajay Mittal, Director (Engineering, Services & Projects), Allana Group said, “The choices we make now influence the legacy we pass on to future generations. At Allana, we view sustainability not merely as an objective but as an enduring pledge to safeguard the environment, foster constructive societal progress, and responsibly pioneer within our field. By consistently delivering top-notch products, making conscientious CSR investments, and actively preserving the environment, we aim to establish a standard for ethical and sustainable business methods.”

Manish Muley, CEO, Processed Foods Division, Allana Group said, “Our endeavour to achieving Net-Zero emissions by 2035 is a testament to our unwavering dedication to responsible stewardship of our planet. We recognize the urgency of this moment and embrace the responsibility to effect meaningful change. By intertwining innovation and responsible practices, we aim not just to meet but to exceed expectations. To ensure that Allana Group achieves the sustainability standards, we will invest 2% of of the next three years' capital expenditure in these initiatives. Our path toward Net-Zero emissions echoes our profound respect for the environment, our communities, and the generations to come. We believe in shaping the world where sustainability isn't just an aspiration, but an indelible reality for all.”

ExxonMobil Elevates India’s Motorsports Scene By Powering First F4 Championship And Season 2 Of Indian Racing League


* The highlight of the Indian Racing Festival this year includes night races at the new street circuit in Chennai.

* Second consecutive year of partnership by ExxonMobil with Racing Promotions Pvt Limited and exciting season motorsports

ExxonMobil is elevating India’s fast-growing motorsports sector by powering the Indian Racing Festival this year, which features the first-ever F4 Indian Championship in the country and the second season of the Indian Racing League (IRL), being held at Chennai’s Madras International Circuit (MIC) and the new Formula Racing Circuit (FCR).

This year will also mark another first in India and South Asia – an exciting calendar of night races at the FCR, located around the Island Grounds in the heart of the city.

This is part of ExxonMobil’s second consecutive year of partnership with Racing Promotions Pvt Ltd (RPPL), underpinned by its commitment to elevate the popularity and reach of motorsports in the country and make it more affordable for all passionate racers. 

The partnership with IRL was celebrated at the IRL Pre-Season Test at MIC, Chennai. At the event, drivers showcased Mobil 1TM products, in addition to Mobil 1TM branding displayed prominently across the venue. ExxonMobil is lending confidence to the racers with Mobil 1TM, which has an exceptional track-record in providing outstanding engine performance – which is central to racing.

India's first franchised-based motorsports league, the IRL Season 2 brings together seven city-based teams. Bringing distinctive standards in competitive motor sporting, IRL has carved a unique niche right from the first year in motor racing, as India’s only four-wheel racing league and the world’s first gender neutral racing championship. In addition to the excitement it offers for racing enthusiasts, IRL also nurtures a new generation of talent for motorsports through internship programs for car mechanics and mechanical engineering students.

The F4 Indian Championship further raises the bar for racing in India, with the grid featuring 11 drivers who have the opportunity to win Super Licence points. The event has attracted participants from around the world, turbocharging India to the global league in motor-racing. Open for open wheel, formula racing cars regulated according to FIA Formula 4 regulations, the event has flagged off to great excitement.

Vipin Rana, CEO – ExxonMobil Lubricants Pvt. Ltd., said: “India’s motorsports scene firing on all cylinders with several passionate racers stepping into the limelight and leveraging the opportunity offered by the Indian Racing Festival. Through our partnership with RPPL, we are not only building on the success of IRL Season 1 which elevated the nation’s status in global motorsports, but also powering the first ever F4 Indian Championship in the country, which will be a game changer for the sports. The continued collaboration further underlines racer’s trust in Mobil 1TM to deliver seamless performance for their powerful machines. In addition to building a strong community of motorsports enthusiasts, we are highlighting the values of confidence and true sportsmanship and empowering more young people to pursue their passion for motorsports. The event will further spur the popularity of motorsports in the country.”

Akhilesh Reddy, Director MEIL and Chairman, RPPL, added: “IRL has defined its credentials as the country’s only one-of-its-kind racing championship – not only encouraging and inspiring more young people to follow motor sports but also shaping a new ecosystem of gender-neutral racing for the first time in the world. We are proud to collaborate with ExxonMobil for the second consecutive year, reflecting our commitment to provide racers with the confidence they need on track that Mobil 1TM assures for any model of racing car. With this, we are also highlighting what goes into powering these machines – lubricants and other products that lend energy and zest to the racers. The partnership will further build a strong motor-racing culture in the country, especially by providing youngers opportunities to pursue motorsports as a career opportunity.”

ExxonMobil brings a strong heritage in developing products that meet the needs of top-tier race teams. Since 1915, ExxonMobil has tested its lubricant technology in racing, helping riders improve performance and lap times. Most recently, Mobil1 turbo-charged the inaugural MotoGP Bharat for the 2023 Grand Prix. 

About ExxonMobil in India

ExxonMobil has been powering India’s growth for three decades. The Company brought the first supplies of liquefied natural gas (LNG) to India in the early 2000s and is now a major LNG supplier to the country, helping to advance its transition to a gas-based economy.

ExxonMobil’s cutting-edge product solutions such as Mobil lubricants are driving productivity and energy efficiency in India’s automotive and industrial sectors, helping individual consumers and businesses achieve more with less. The Company’s chemical products are enabling Indian manufacturers to make high-quality products and deliver sustainability benefits across sectors including food processing, consumer durables, agriculture, water treatment, pharmaceuticals, and construction.

ExxonMobil’s business and technology centers in Bengaluru provide critical support to the Company’s global operations. The technology centers help develop strategies to reduce global emissions and collaborate with homegrown manufacturers to enhance the global competitiveness of made-in-India products.

(ExxonMobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and references to “corporation”, “company”, “ExxonMobil”, “EM”, and other similar terms are used for convenience and may refer to one or more specific affiliates or affiliate groups.)

Premier Airline of Maldives - Manta Air - Elevates To New Heights With International Flights To India Starting From 2024


* Unveiling direct Bengaluru to Dhaalu Airport routes from January 2024 with exclusive Packages for Indian travelers to explore the splendor of Dhaalu Atoll

Manta Air, the Maldives' leading airline, proudly announces that it is starting direct flights from India to the tropical paradise of Maldives. The momentous announcement took place at a prestigious event hosted at the chic Bang at The Ritz-Carlton Hotel in Bangalore.

In a move aimed at redefining air travel between India and the Maldives, the airline will operate direct flights from Bengaluru’s Kempegowda International Airport to the Maldives’ Dhaalu Airport, allowing visitors to avoid the hassles and additional expense of transiting through the main Velaana International Airport at Male, and gaining direct access to many luxury resorts located in Dhaalu atoll.

Manta Air is the Maldives’ leading seaplane and domestic airlines operator and prides itself on providing its passengers with a seamless travel experience and exceptional customer service. By flying directly to Dhaalu airport, customers going to resorts located in that atoll are able to save on the usual transit time and additional transfer costs incurred when entering Maldives through the traditional Male’ airport route. Manta Air will provide easy immigration processes exclusively for its guests at Dhaalu Airport, enabling quick transfers. Dhaalu atoll is host to some the country’s best resorts, including Kandima Maldives, Niyama Private Islands, St. Regis Maldives, RIU, Baglioni, Angsana Velavaru, and Sun Siyam Iru Veli.

Flight schedules have been designed to allow guests to maximize their stay duration in the Maldives, with all flights arriving in the Maldives in the mornings and departing late in the evenings for India.

The flights are scheduled to commence in January 2024.

Ahmed Maumoon, Deputy CEO of Manta Air comments "This announcement marks a pivotal moment in our company's trajectory – we are progressing from being the leading domestic and seaplane carrier in the Maldives to an international airline operator. With Manta Air's expansion through a new direct flight route from India to the Maldives we anticipate a surge in travel interest and bookings from Indian tourists. This strategic move aims to enhance the guest experience and boost bookings for resorts in Dhaalu atoll, particularly Kandima, RIU Hotel, and Niyama Private Island, which are all located in close proximity to the airport. By facilitating easier and more affordable travel access to the Maldives, we foresee a substantial increase in travel demand from Bengaluru and across India in 2024 and beyond."  

This strategic initiative signifies a major milestone for the homegrown Maldives’ airline and recognizes India as a pivotal source market for the Maldives. Manta Air, in collaboration with premium partner resorts, will curate combined exclusive packages for the respective properties that are conveniently connected to the Dhaalu Airport. These thoughtfully designed offers ensure end-to-end convenience for international travelers from India, resulting in significant savings on flight time and costs. With this initiative Manta Air aims to enhance the in-flight experience, streamline international travel processes, and eliminate the need for intermediary travel requirements or connecting domestic flights within the Maldives.

For more details,  visit https://mantaair.mv/

Narayana Murthy Implores Infra Industry To Work 3 Shifts And Accelerated Project Completion


* During a fireside chat in Bengaluru, Murthy stressed on the need for extended work hours and accelerated project completion to boost India’s economic growth.

N.R. Narayana Murthy, co-founder and retired chairman of Infosys, on Wednesday called for a paradigm shift in India's work culture, particularly in the infrastructure industry. In an impassioned statement during a fireside chat at the Bengaluru Tech Summit (BTS), Murthy stressed on the need for extended work hours and accelerated project completion to boost the nation's economic growth.

Speaking on the completion of vital infrastructure projects in Bengaluru, Murthy stressed the urgency of prioritising initiatives such as the Electronic City Metro (Bengaluru) and expanding metro services to areas densely populated with companies. He said, "All these have to be taken up on a priority. The people in the infrastructure industry must work three shifts."

Murthy drew attention to the disparities in work hours, pointing out that while he had observed people working diligently in other nations with ‘high aspirations’, the norm in India seemed to be a single shift. He proposed a change and said, "They should not work just one shift, come at 11:00 AM… then go at 5:00 PM."

The veteran businessman urged Indian leaders to take a proactive role in shaping this change. He said, "Why don't we say ‘our people will work three shifts?’ Ask them (other countries) what are the requirements for them to complete that thing (important infrastructure projects) by their workers working three shifts and provide our workers that." He expressed confidence that such a shift in work culture could propel India's growth faster than even China.

Recently, Murthy sparked a nationwide discussion by proposing, during a podcast, that enhancing productivity in India requires young individuals to commit to a 70-hour workweek.

During the fireside chat at BTS 2023, Murthy also highlighted the importance of quick decision-making and entrepreneur-friendly policies. He said, "But that requires taking quick decisions, making sure that all hurdles for entrepreneurs like you and others are removed as if there is no tomorrow." 

He further emphasised the need for India to catch up with China, not just in terms of growth but also in providing a conducive environment for business.

Tiger Woods And Dr Pawan Munjal With The VIDA V1 At The Hero World Challenge 2023


Photo Caption
: Tiger Woods and Dr Pawan Munjal with the VIDA V1 at the Hero World Challenge 2023.

Siddaramaiah, CM of Karnataka Opens "Bengaluru Tech Summit 2023"- "Breaking Boundaries" - Innovation From India, Impact For The World


Highlights

Chandrayaan 3 ISRO Industry Pavilion: Unveiling the Next Frontier of Space Exploration

Fireside Chats and Expert Speakers: An unmissable line-up fuelling Tech Conversations

Bigger and Better: the three-day BTS 2023 boasts its largest-ever tech exhibition

Green BTS Initiative: A Bold Leap towards Environmental Responsibility in the Tech Sphere

The 26th Edition of Bengaluru Tech Summit 2023, organized by the Department of Electronics, IT, Bt, Government of Karnataka and Software Technology Parks of India, Bengaluru, inaugurated by Shri Siddaramaiah, Hon’ble Chief Minister of Karnataka and in the august presence of Shri D.K. Shivakumar, Hon’ble Deputy Chief Minister of Karnataka today at Bangalore Palace. This year's theme, 'Breaking Boundaries,' sets the stage for a dynamic convergence of tech leaders, startups, investors, and research labs from 30+ countries.

The inaugural ceremony was graced by guest of honour Shri Priyank Kharge, Hon'ble Minister for Information Technology & Biotechnology and Rural Development & Panchayat Raj, Govt. of Karnataka, Shri M B Patil, Hon’ble Minister for Large & Medium Industries, Govt. of Karnataka; Shri N S Boseraju, Hon’ble Minister of Science & Technology, Minor Irrigation, Govt. of Karnataka; and a distinguished gathering of dignitaries including Smt. Vandita Sharma, IAS, Chief Secretary, Govt. of Karnataka; Dr. Ekroop Caur, IAS, Secretary to Government, Dept. of Electronics, IT, BT and S&T, Govt. of Karnataka; Shri Shailendra Tyagi, Director, STPI- Bengaluru; and Shri Darshan H.V., IAS, Managing Director - Karnataka Innovation and Technology Society (KITS), Dept. of Electronics, IT, Bt and S&T, Govt. of Karnataka.

Distinguished guests at the inaugural ceremony included international dignitaries such as Mr. Bagdat Mussin, Minister of Digital Development, Innovations, and Aerospace Industry of Kazakhstan; Mr. Mark Papermaster, EVP & CTO of AMD; a recorded message from Ms. Sari Multala, Minister of Science and Culture of Finland; and a recorded message from Mr. Volker Wissing, Minister of Digital Affairs and Transport of Germany.

Adding to the grandeur, the event was hosted by key figures from the Indian industry, including Mr. Rishad Premji, Executive Chairman of Wipro Limited; Dr. Kiran Mazumdar-Shaw, Chairperson, Vision Group on Biotechnology, Govt. of Karnataka, and Executive Chairperson of Biocon Ltd.; Shri Kris Gopalakrishnan, Chairman, Vision Group on IT, Govt. of Karnataka, and Co-founder of Infosys; Shri Prashanth Prakash, Chairman, Vision Group on Startups, Govt. of Karnataka, and Founding partner of Accel Partners India; Ms. Nivruti Rai, Managing Director and CEO of Invest India; Shri BV Naidu, Chairman, Karnataka Digital Economy Mission; and Shri Arvind Kumar, Director General of Software Technology Parks of India (STPI).

Shri Siddaramaiah, Hon’ble Chief Minister of Karnataka stated, “I am honored to address Karnataka's pivotal role in driving technological innovation. Our state, having over 5,500 IT/ITES companies and 750 multinational corporations, contributes around US$ 85 billion to the nation's exports. Bengaluru, the Silicon Valley of India, ranks 8th in the Global Startup Ecosystem Index. Our commitment to innovation is evident in our top rankings in Niti Ayog’s India Innovation Index and DPIIT's ranking. Karnataka is a preferred destination for global capability centers, hosting 40% of GCCs in India. We have pioneered sector-specific policies in IT, biotechnology, and startups. At the Bengaluru Tech Summit, we will unveil the revised Biotech Policy and launch the AVGC-XR Policy, showcasing our progressive approach.

Collaboration with industry and academia, driven by Vision Groups, ensures holistic development. Despite challenges, we aim to bridge the digital divide with initiatives like 'Beyond Bengaluru.' The Bengaluru Tech Summit, themed 'Breaking Boundaries', symbolizes our commitment to regional, sectoral, and scale expansion. With your support, I am confident we will script unparalleled success. Thank you and may the spirit of innovation guide our path".

Speaking at the inaugural ceremony, Shri D.K. Shivakumar, Hon’ble Deputy Chief Minister of Karnataka said, “India is home to a talent pool of 5 million IT and technology professionals out of which 2 million are in Karnataka alone. From the early 70s to today, Karnataka has invested in human talent and created a strong talent pool of human resource professionals across industry sectors – from IT to medical and more. We are aware that the tech talent from India competes on the global stage, and we are making continuous efforts in this area. As another step to further strengthen our talent pool, we are committed to investing in the rural primary education system. We request corporates to invest their CSR budgets into strengthening rural primary education in the state of Karnataka so that young children have the same opportunities”.

During his address at the inauguration of Bengaluru Tech Summit 2023, Shri Priyank Kharge, Hon'ble Minister for Information Technology & Biotechnology and Rural Development & Panchayat Raj, Govt. of Karnataka said, " A landmark achievement in the technological landscape, today we proudly celebrate the 26th edition of the Bengaluru Tech Summit. With the theme 'Breaking Boundaries,' our aim is to inspire global tech communities, fostering innovation and collaboration. Karnataka's evolution into the world's fourth-largest tech cluster, transitioning from a BPO hub to an R&D and innovation epicenter, is noteworthy. From being India’s Most Innovative State to leading in the India Manufacturing Innovation Index, we take pride in our achievements. With a 38% share in FDI inflows and a #8 ranking in the Global Startup Ecosystem Index 2023, Karnataka dominates key sectors like Electronics Design (40%), Machine Tools manufacturing (52%), Aerospace & Defence manufacturing (65%), and Biotech production & exports (60%). Our thriving startup ecosystem, contributing to a $164 billion valuation, solidifies Karnataka as a global innovation hub. The new Biotech Policy aims for exponential growth, synergizing with state policies, and the AVGC-XR Policy establishes Karnataka as a hub for Animation, Visual Effects, Gaming, and Comics, emphasizing sustainability and inclusivity. Our commitment to skilling, Centers of Excellence, the Global Innovation Alliance (GIA), and Beyond Bengaluru reflects our dedication to global collaboration and ecosystem development. Looking forward, we envision creating an innovation-conducive environment, where Karnataka leads in technology. With collective efforts, we aim to forge a future where technology knows no boundaries. Thank you, and let's shape a limitless technological future together."

Bengaluru Tech Summit 2023 will feature a diverse and enriching Event Spectrum, encompassing a Multi-Track Conference on IT & Electronics, Deep Tech, Start-Ups & Biotech, an International Exhibition, Global Innovation Alliance, India-USA Tech Conclave, R&D-Lab2Market, B2B Meetings, STPI IT Export Awards, Smart Bio Awards, VC Felicitation, Assistive Tech Awards, Rural IT Quiz, Bio Quiz and Bio Posters.

An exclusive Fireside Chat, 'Legend, Legacy & Leadership,' featuring Shri N.R. Narayana Murthy, Founder of Infosys, in conversation with Shri Nikhil Kamath, Co-founder of Zerodha promising a deep dive into the legendary journey and leadership principles that have shaped the tech landscape. BTS 2023 will have another interesting Fireside Chat featuring Shri Rajeev Chandrasekhar, Hon’ble Union Minister of State for Electronics & Information Technology, Government of India. In an insightful conversation, he will be joined by Ms. Jaya Jagadish, Country Head and Senior Vice President of Silicon Design Engineering at AMD India, offering a unique perspective on the intersection of government initiatives and cutting-edge technology in India.

Some of the Key Dignitaries and Speakers addressing the year’s BTS include Dr. R.A. Mashelkar, Former Director General Council of Scientific and Industrial Research (CSIR); Nobel Laureate & American Biologist Dr. H. Robert Horvitz; among others.

The ITE & Deeptech Track will have some interesting sessions like Opportunities for GCCs, AI, Technology for Sustainability, Future Mobility, Cybersecurity & Cyberwarfare, 5G adoption and future wireless technologies, Electronics & Semiconductors, Spacetech, Web 3.0, Animation, Gaming & VFX.  The Biotech Track will have sessions focusing on areas like Biotechnology for a Fossil Carbon-free Future, Synthetic Biology, Sustainable Food & Agri-Systems, preventing tomorrow’s Illnesses and Keeping Epidemics at Bay, Investment in Biotech, Skill Development, Policy & Regulators, and the Future Forward.  The Start-up Track will include sessions like Digital Public Goods, Idea to IPO, Emerging Tech, Fintech, Agritech 4.0, Bharat Opportunity, and Startup India. Large delegations from the Global Innovation Alliance (GIA) Partner nations are expected to participate in the event. The GIA track in the Conference will have around 17 engaging sessions curated by the partner nations & regions, including Australia, Finland, Netherlands, South Korea, Denmark, Sweden, United Kingdom, France, Israel, Poland, Austria, Germany and NRW, Japan, Switzerland, Lithuania and EU. Senator Franziska Giffey, Senate Department for Economic Affairs, Energy and Public Enterprises, Berlin; Dr. Stephan Keller, Mayor of Düsseldorf, Germany; Mr. Victor Fedeli, Minister of Economy, Job Creation and Trade, Ontario, Canada will be addressing the GIA Sessions. Further, ministerial-led delegations are to be announced in due course. Various Tech Nations will also showcase their tech prowess in the Exhibition, adding to the event's vibrant international presence. 

The third edition of the India-USA Tech Conclave holds significant importance within the Bengaluru Tech Summit 2023, aiming to facilitate a meaningful dialogue between the two nations. This conclave will center on fostering future innovations, exchanging ideas, and establishing robust collaborations. The sessions will focus on key areas such as Commercial Space, e-Commerce, Supply Chain & Logistics, Healthtech, AVGC, and more. The Conclave will be inaugurated by the US Consul General Mr. Christopher Hodges, Mr. Alexander Slater, Managing Director, U.S.-India Business Council (USIBC), and Shri Priyank Kharge, Hon'ble Minister for Information Technology & Biotechnology and Rural Development & Panchayat Raj, Govt. of Karnataka on November 29, 2023, between 03.00 PM to 03.50 PM.

The third edition of the India-USA Tech Conclave holds significant importance within the Bengaluru Tech Summit 2023, aiming to facilitate a meaningful dialogue between the two nations. This conclave will center on fostering future innovations, exchanging ideas, and establishing robust collaborations. The sessions will focus on key areas such as Commercial Space, e-Commerce, Supply Chain & Logistics, Healthtech, AVGC, and more.

The highlight of this year's Bengaluru Tech Summit is the Chandrayaan 3 ISRO-Industry Pavilion, symbolizing India's significant presence in space exploration. The pavilion not only showcases ISRO's remarkable achievements but also emphasizes the crucial contributions of SMEs, startups, and private industries in ensuring the success of the Chandrayaan-3 Mission. For the first time, a 1:1 scale model of Chandrayaan 3 Lander will be on display. Also, in a specially erected geodesic dome, using AR/VR technology, an immersive experience is created to learn about lunar missions, space science, and technology behind Chandrayaan. Visitors can engage with simulations for a fun and enriching learning experience.

Green BTS- this year, the Bengaluru Tech Summit has taken a significant stride by committing to achieve Net Zero in the upcoming years. This ambitious goal involves integrating eco-conscious practices in procurement to minimize waste generation and establishing a Sustainability Advisory for various stakeholders. The focus on key pillars such as carbon, water, energy, waste, food, and experience underscores BTS's commitment to sustainability—a pioneering initiative and the first-of-its-kind event in India.

BTS Exhibition- the tech marketplace will include Country Pavilions, IT & Biotech Majors, Unicorns, Start-Ups, R&D Labs, and Educational Institutes. Experience the prowess of India's research and development with institutions like DRDO, ICMR, CDAC, BIRAC, IIAP, IIIT-B, and NRDC participating in this technological extravaganza. Rub shoulders with industry giants like Infosys, Bosch, Microsoft Startup, Cashfree, Builder AI, Biocon and many more, creating unprecedented opportunities for collaboration. A showcase from Andhra Pradesh, Karnataka, and Maharashtra, that displays their tech prowess and Expo Pavilions like STPI, ABLE, ELCIA, TiE Bangalore, i-BIOM, BBC, and Voice Consortium will offer the tech disruptions of their members and clusters. Startups will again be at the center stage showcasing the technologies that will deliver immersive experiences in diverse sectors like Healthtech, Edutech, Agritech, Mobility, e-Commerce, Rural Technologies, and more.

The summit promises over 75 sessions, 400+ speakers, 350+ startups, 600+ exhibitors, and 20,000+ business attendees—setting the stage for an unparalleled exploration of innovation and collaboration.

The dates for the next two editions were also announced- November 19-21 in both 2024 and 2025. The early announcement of these dates will encourage international tech organizations to plan their participation well in advance. This is a testament to Karnataka’s continued commitment to the growth of the sector while transcending national & international boundaries through collaborations.

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