Siddarath Sethia
1
.I am honored to inaugurate the 78th Annual Technical Meet of the Indian Institute of Metals,a key event that highlights collaboration and innovation in a vital sector for our state and nation.
2.Bengaluru stands as a symbol of technological and industrial progress.It is only fitting that we host this prestigious event,bringing together over 1,700 experts dedicated to shaping the future of metals and materials.
3.The theme,“Transformational Technologies in Materials and Manufacturing,”underscores the critical need to envision and implement pioneering solutions to navigate the complexities of a rapidly evolving world.
4.The materials and manufacturing sectors are pillars of economic growth and national resilience.Their influence extends beyond industry,touching every sphere of our collective progress.
5.As part of our commitment to a greener future, Karnataka is prioritizing the adoption of green technologies across various industries,including metals and materials manufacturing.This helps drive sustainable practices while maintaining competitiveness on a global scale.
6.Karnataka’s dedication to reducing carbon emissions aligns with India’s overall goals to mitigate climate change.Our carbon capture and utilization programs are paving the way for a low-carbon future in metals and materials production.
7.Karnataka remains dedicated to becoming a global leader in advanced manufacturing.Our policies champion innovation,sustainability,and inclusive development,setting the stage for robust industry growth.
8.The state has prioritized economic development by signing 21 Memorandums of Understanding (MoUs) with various organizations,bringing in investments worth Rs.46,375 crore,which is expected to generate 27,170 new jobs.
9.A total of 669 investment projects have received approval from the state-level single-window committees, leading to a projected investment of Rs.90,027 crore and the creation of employment opportunities for approximately 1,73,741 people.
10.Karnataka aims to be ranked 3rd nationally by the end of 2023-24,with an investment of Rs.54,427 crore.By the end of June 2024-25,it is expected to move up to 2nd place,with additional investments totaling Rs.19,059 crore.
11.The Government of Karnataka continues to support research and innovation that drive sustainable advancements in the metals and materials sectors, reflecting our commitment to fostering a competitive, responsible,and globally recognized industry.
12.I am pleased to see the emphasis on sustainability woven throughout this symposium.It aligns seamlessly with our vision to balance industrial advancement with environmental stewardship,fostering green and inclusive development.
13.Since its founding in 1945,the Indian Institute of Metals has served as a guiding light for metallurgy and materials science,propelling knowledge and innovation in these essential areas.
14.I extend my heartfelt appreciation to JSW Steel,under the leadership of Shri Sajjan Jindal,for its commitment to innovation,community engagement,and sustainable practices—values that inspire our broader industry.
15.Together,we can position Karnataka and India as leaders on the global stage,driving innovation, sustainable growth,and meaningful progress.
16.Thank you all for your unwavering dedication and for making this event a platform of inspiration and change. Let us build a future of excellence, resilience, and shared success.
