Salem, Tamil Nadu: The World Summit 2024, hosted at the Grand Mercure on December 14, was a night to remember, as industry leaders and innovators were celebrated for their contributions to business, technology, and social progress. Among the evening’s honorees were Karthik Raja Karnan, CEO of MADique Technologies, and his company, both recognized for their transformative impact in the food automation sector.
Karthik Raja Karnan was awarded the Young Achiever of the Year Award, while MADique Technologies secured the Innovative Company of the Year Award. These accolades are a testament to the company’s groundbreaking products and its commitment to fostering inclusivity, sustainability, and entrepreneurial growth.
The Vision Behind MADique Technologies
Under Karthik’s visionary leadership, MADique Technologies has emerged as a global leader in food automation. By creating affordable and energy-efficient machines, the company has opened the doors for thousands of small entrepreneurs to enter the food industry. Its flagship product, the automatic idiyappam-making machine, has been a catalyst for change, offering a cost-effective solution that requires minimal technical expertise.
This innovation has not only transformed the lives of entrepreneurs in India but also those in over 30 countries where the machine is exported. The device’s affordability and efficiency make it a perfect fit for individuals with limited access to capital or resources, including homemakers and differently-abled individuals.
Social Responsibility and Sustainability
MADique Technologies is more than a business—it’s a movement. With every product sold, the company gifts seed balls, encouraging tree planting and environmental conservation. Special discounts are also offered to homemakers and differently-abled customers, ensuring inclusivity in its operations.
By collaborating with small workshops and providing consistent job work, the company is also contributing to the growth of local economies and fostering community development.
Recognition and Achievements
The awards were presented by esteemed dignitaries, including Dr. N. Prabhakaran, Vice-Chairman of IDST, DRDO, and Gopinath Rao, IEDS, Former Deputy Director of MSME-DI, Bangalore. The recognition at World Summit 2024 solidifies Karthik’s position as a thought leader and innovator in the industry.
Additionally, Karthik Raja Karnan was featured in The Business Ascent magazine, which launched its latest edition during the event. The magazine’s detailed article explores his entrepreneurial journey, the challenges he overcame, and his vision for the future of food automation.
A Glimpse into the Future
Looking ahead, MADique Technologies aims to expand its product line, scale exports, and further its collaborations with small-scale workshops. With a strong focus on innovation, inclusivity, and sustainability, the company is set to redefine the food automation industry in the years to come.
Read more about Karthik Raja Karnan’s journey and MADique Technologies in The Business Ascent magazine here:https://www.thebusinessascent.com/readbooks?id=16
