Mumbai to host business meet for small, medium enterprises

NASHIK: A business conference for Small andMedium Enterprises (SMEs) on business opportunities abroad has been planned by the World Trade Centre (WTC), Mumbai, and the All India Association of Industries (AIAI) in Mumbai.

"With an aim to provide business opportunities overseas to SMEs in the country, the WTC and the AIAI have jointly organized a three-day business-to-business (B2B) conference titled 'Indiallia' from April 23 to 25 in Mumbai," said Khyati Naravane, assistant director, trade promotion, WTC, Mumbai.

Speaking about the meet at a programme organized in Nashik by the Nashik First Foundation, Naravane said, "This event is being held for the first time in the country for SMEs. The business conference will see a total of 600 participants, including 300 industries from 30 foreign countries and 300 SMEs from India."

"The conference will provide SMEs opportunities for import-export and joint ventures with foreign companies. Each participant will be provided with the business profile of each participant company. Each participant company will have an opportunity to hold 12 one-to-one business meetings with the companies of their choice. Each such business meeting will have a time limit of 30 minutes. Around 50-60 interpreters will be there to help participants communicate with the foreign companies. Around 8,000 business meetings will be held during the business conference," she said.

"Our focus will basically be on SMEs from Maharashtra. Of the 300 participating SMEs, we are expecting around 150 from Maharashtra. We are concentrating on SMEs from Mumbai, Thane, Nashik, Nagpur and Aurangabad. The registration for the meet will be online and will open from March 23," Naravane said.

Of the 30 countries participating in the international business conference, major ones include USA, China, Russia, UK, Poland, Canada, Nigeria, Sri Lanka, Indonesia, Nepal and Argentina. The participating companies will mostly be from the automobile, electric and electronics, engineering, chemical, pharma, energy, environment, handicrafts, gems and jewellery sectors

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