Karnataka’s Start-ups and Osaka’s Manufacturing Prowess to Collaborate following landmark BCIC-Osaka MoU
The Bangalore Chamber of Industry and Commerce (BCIC) and the City of Osaka have signed a historic Memorandum of Understanding (MoU) today at Osaka City Hall, Osaka, marking a new milestone in bilateral collaboration between India and Japan. This significant agreement aligns with Prime Minister Narendra Modi’s call for dynamic state-prefecture partnerships to strengthen trade, technology, manufacturing and cultural links.
The MoU is designed to connect Karnataka’s vibrant start-up ecosystem with Osaka’s renowned expertise in manufacturing and innovation. This collaboration is expected to unlock new opportunities for joint ventures, knowledge exchange and technology transfer, fostering a mutually supportive ecosystem. The partnership will promote exchanges between Small and Medium Enterprises (SMEs) and encourage collaborations between the startup ecosystems of both regions. The MoU is centered on two primary objectives such as promoting SME exchanges with major trade emphasis, especially for manufacturing and fostering collaborations between start-up ecosystems to drive innovation.
The partnership is designed for ongoing review, with regular dialogue and the development of specific exchange projects through mutual cooperation.
“The MOU between BCIC and Osaka is a significant milestone,” said Mr. K Ravi, Officiating President of the BCIC. “We look forward to building a mutually supportive ecosystem, based on Osaka’s manufacturing strengths and Karnataka’s vibrant start-up ecosystem. This partnership is about creating a bridge between innovation and industrial production, where our start-ups can scale with Osaka’s manufacturing prowess and their industries can modernize with our technological agility. It is a powerful synergy designed to drive growth and create a new model for bilateral prosperity.”
Reflecting the broader ‘state-prefecture permanent initiative,’ this partnership is expected to accelerate the creation of new industries, skill development and market expansion.
The BCIC-Osaka agreement will drive this vision forward through practical, on-the-ground activities.
Both BCIC and Osaka anticipate that their joint efforts will strengthen international collaboration, support bilateral trade and catalyze innovation, setting a new template for state-prefecture-led growth in both countries.
About BCIC:
BCIC is the Apex Chamber of Commerce representing large and medium industries in the State of Karnataka since 1976. We have presently a membership of 850+ companies representing various sectors of industry such as Manufacturing, IT/ITES, Biotechnology, Engineering, Food Processing, Pharma, Services, Consultancy and Legal firms etc. BCIC plays an active and important role in promoting trade and investment in the State and has an excellent domestic and international network with MoUs with the leading Chambers of Commerce across the globe. Being the apex Chamber of Commerce in Karnataka, BCIC organizes Seminars/Workshops and Interactions with Senior Government Officials both from the Centre/State on critical issues concerning trade and industry from time to time.
