1 week ago
Government Seminar Helps MSMEs Reach Global Markets Digitally
The government held a meeting to help small businesses sell to customers around the world.
The meeting took place at IIT Madras.
Experts explained how online commerce can help businesses find new markets.
They also discussed how to prepare products for export.
Speakers said businesses need good quality products and useful new ideas.
They also said government departments should work together to support these companies.
Participants learned about payments, trade rules, finance, and online selling platforms.
Students and future entrepreneurs also attended to learn about digital business opportunities.
The Ministry of Micro, Small & Medium Enterprises held a national seminar at IIT Madras on digital commerce and export readiness.
Officials said digital commerce can help MSMEs overcome geographical barriers and reach domestic and international customers.
Speakers called for stronger Centre-State cooperation, innovation, quality, and academia-industry collaboration to improve competitiveness.
Experts discussed export procedures, trade finance, risk mitigation, market identification, international payments, compliance, and digital onboarding.
The seminar was conducted under the Procurement & Marketing Support Scheme’s capacity-building initiatives for MSMEs.
- Who
- The Ministry of Micro, Small & Medium Enterprises, MSMEs, entrepreneurs, students, policymakers, financial institutions, and digital-commerce experts participated.
- What
- A national seminar was held to promote digital commerce and export readiness among MSMEs.
- Where
- The seminar was held at IIT Madras in Chennai, Tamil Nadu.
- When
- The seminar was reported on Thursday; the specific event date was not stated.
- Why
- It aimed to give MSMEs practical knowledge and expert access to expand into national and international markets.
Key facts
- Organizer
- Ministry of Micro, Small & Medium Enterprises
- Venue
- IIT Madras
- Local organizer
- MSME Development & Facilitation Office, Chennai
- Collaborator
- Entrepreneurship Cell of IIT Madras
- Main focus
- Digital commerce, export readiness, and global market access
- Scheme
- Procurement & Marketing Support Scheme
- Topics covered
- Export procedures, trade finance, risk mitigation, international payments, compliance, and digital onboarding
Quotes
Praveen Yadav
Additional Chief Secretary, MSME Department, Tamil Nadu
“Digital commerce is transforming MSME’s access to global markets by transcending geographical boundaries”
freepressjournal.in
Sources
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