The India SME Forum launched a new program called "Start Exporting in Eight Weeks." It is a new initiative aimed at reaching the SMEs of India towards the international market. This was announced at the Business Beyond Borders 2024 Conference. Shobha Karandlaje, Minister of State for MSME, released the program. Many MSME representatives and industry leaders were present.
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About the Program
This "Start Exporting in Eight Weeks" program is under ISF's IndiaXports initiative. It will help the Indian MSMEs understand and process their exported products, while it assures that exports should increase for businesses in just eight weeks. And it is free of cost. Along with networking opportunities, it will resource and guide. It will help the MSMEs explore international markets.
Importance of MSMEs
Minister Karandlaje, in her address, stressed MSMEs being the important fulcrum of growth for India. She said, "MSMEs play an imperative role in contributing to the vision of Viksit Bharat 2047." Their success is the crux for India to become a developed and self-reliant nation. She mentioned that in the current world, one needs to skill and upskill. It is a must for products to cross over to international standards to expand exports.
Partnerships for Growth
According to Karandlaje, such partnerships with organizations such as Amazon and UPS will help Indian entrepreneurs connect with the global market. The MSMEs were urged by her to find out such opportunities for growth and collaboration.
E-commerce revolution
He said that e-commerce has revolutionized the game for small businesses. Indeed, even the smallest enterprise now can easily reach global customers. Digital platforms overcome most challenges of traditional exporting by MSMEs. This makes global trade more accessible.
Aims of the Initiative
The "Start Exporting in Eight Weeks" initiative aims to transform Indian MSMEs into key stakeholders in world trade. With these tools, knowledge, and opportunities relating to market access, the programs will make them stand on their own. The programs will make them competitive at the international level. Kumar opines that with the proper kind of support, Indian MSMEs can compete with the best in the world.
Overall, this is a positive program concerning the growth of Indian SMEs. Opening new ways and opportunities for successful performances in the international market, the ISF is dedicated to empowering such businesses. This would finally contribute to the economic growth of India.
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