Indore : Micro, small and medium business enterprises in India are well-equipped to manufacture products as per international standards. More and more global players are looking for procuring Indian products.
These views were expressed by businessmen at the inaugural session of one-day buyer-seller meet organised by Confederation of Indian Industries here on Friday. The companies engaged in FMCG (Fast Moving Consumer Goods (FMCG), food processing, confectionery and furnishing participated in the meet. The companies, which participated in the meet included Sweden-headquartered IKEA, Patanjali Ayurved Ltd, Balaji Wafers Pvt Ltd and Makson Group.
Gaurav Baheti, member, CII state panel, introduced the subject of conference.
Addressing the inaugural session, Saurabh Sangla, chairman, CII Malwa Zonal Council, said the meet is aimed to showcase country’s business potential while helping SMEs to gain an insight into current and future needs of buyer companies. “Through today’s buyer-seller meet, CII seeks to create a market place where buyers and sellers can come together and transact business thereby creating value,” he said.
Nilesh Trivedi, MSME Development Institute director, spoke on schemes available for micro, small and medium enterprises (MSME) for their growth.
Shreyaskar Chaudhary, chairman CII Malwa Zonal Council, addressed the concluding session. He congratulated all the delegates who participated in the meet specially the buyers who provided opportunity to sellers.
More than 140 representatives of different industries from across the country were present at the conference. It helped the suppliers in understanding requirement of buyers, product specification, procurement norms and buying pattern. It also provided an opportunity for one-to-one interaction between buyers and suppliers.