Kochi | The Confederation of Indian Industry (CII) Kerala emphasized the transformative power of Artificial Intelligence for the state's small and medium enterprises during its Annual Members Meeting 2025–26. As part of the flagship Application & Digi-Tech Series 2026, a seminar titled "AI for MSMEs: Driving Productivity, Profitability, and Growth" highlighted how local businesses can leverage cutting-edge technology to gain a competitive edge.
Delivering the Keynote Address, Dr. Saji Gopinath, Vice Chancellor of the Kerala University of Digital Sciences, Innovation and Technology, described AI as a "general-purpose technology" and a "great equalizer." He urged entrepreneurs to move beyond simply applying AI to old processes and instead "think differently" to reinvent their business models.
The seminar explored how AI enhances productivity by automating routine, repetitive tasks, allowing human capital to move toward high-value roles such as innovation and relationship-building.
Thomas John Muthoot, Chairman of CII Southern Region and Chairman of Muthoot Fincorp Ltd, delivered a Special Address highlighting the strategic importance of technology in the region. ‘MSMEs can use AI to free up time for what matters most, purpose-driven work and real human interaction, he added.
Joseph M. Kallivayalil, Chairman of CII Kerala and MD of Glenrock Rubber Products Ltd, further advocated for the immediate adoption of the latest AI tools, identifying them as a critical lever for MSMEs to maintain their competitive edge in a rapidly evolving market. VKC Razak, Immediate Past Chairman of CII Kerala and MD of VKC Footgear Pvt Ltd, stated that while AI will not replace humans, businesses that use AI will inevitably replace those that do not, making adoption essential rather than optional.
By transitioning from traditional operations to data-driven, high-performance entities, Kerala's MSMEs are positioned to lead the next wave of industrial growth. This evolution offers a transformative edge across the state's unique economic sectors, providing local businesses with the technological foundation to compete on a global scale.