The CII CIES ICON Summit 2024, held in Hyderabad on December 17-18, emerged as a significant platform fostering innovation and collaboration. Marathwada Accelerator for Growth and Incubation Council (MAGIC) participated in this prestigious national conference. Recognized as a leading annual event for the startup ecosystem in India, the CII CIES ICON Summit focuses on advancements and innovations across diverse sectors. This year’s summit featured keynote speeches, panel discussions, workshops, startup exhibitions, and an awards ceremony.

The two-day summit aimed to strengthen collaboration between industries and startups by providing an impactful platform to showcase innovations in key areas such as electric mobility, smart manufacturing, health tech, space and defense, agriculture, and deep technology. The event brought together corporates, startups, investors, and experts to discuss emerging trends and present innovative solutions.

MAGIC Participates in Startup Expo

During the summit, MAGIC participated in the Startup Expo, where its incubator initiatives gained significant attention. Senior executives from leading national corporates, including Swapnil Jain, Co-founder of Ather Energy, and Amit Sethi, Chief Technology Officer of Thermax, visited the MAGIC stall and interacted with the team. MAGIC Director Ashish Garde engaged with Swapnil Jain and Subrata Mitra, Head of Government Relations and Policy at Ather Energy, discussing collaboration opportunities to support startups. The interactions highlighted the importance of corporate-startup synergy in driving innovation and creating sustainable business models. MAGIC’s exhibit showcased its initiatives aimed at supporting startups in Tier 2 cities.

The expo provided a robust platform for 100 startups from across the country to showcase their innovations, fostering connections with investors and partners while opening doors to collaborative opportunities.