GOI launches E-platform to connect exporters, MSMEs with stakeholders

  • Industry News
  • Aug 09,24
The trade connect e-platform will offer valuable information on global trade events, the benefits of India's free trade agreements (FTAs), and other international trade data.
GOI launches E-platform to connect exporters, MSMEs with stakeholders

The government is developing a new e-platform aimed at linking Indian exporters, MSMEs, and entrepreneurs with key stakeholders, including Indian missions abroad, export promotion councils, and other government agencies. Minister of State for Commerce and Industry Jitin Prasada announced this initiative in a written response to the Lok Sabha.

The trade connect e-platform will offer valuable information on global trade events, the benefits of India's free trade agreements (FTAs), and other international trade data. Prasada highlighted that this platform is designed to facilitate better connectivity and access to relevant trade information.

Additionally, Prasada noted that districts such as Jamnagar, Kanchipuram, Mumbai, Pune, Surat, and Kachchh are experiencing strong export growth. For the period of April-May this fiscal year, Jamnagar led with exports totaling $10 billion, followed by Kanchipuram at $3.27 billion, Mumbai at $2.24 billion, Pune at $2.14 billion, Kachchh at $2 billion, and Surat at $1.98 billion.

In response to a separate query, Prasada mentioned that the proposal for an 80% concession for women entrepreneurs and a 50% concession for MSMEs in licensing fees from the Petroleum and Explosives Safety Organisation (PESO) is currently under consideration by the Department for Promotion of Industry and Internal Trade (DPIIT). 

(Business Standard)

Related Stories

Smart Manufacturing
How MSMEs will play a key role in the development of Indian manufacturing sector

How MSMEs will play a key role in the development of Indian manufacturing sector

Setting up a business in India is futuristic, makes a lot of sense, and, for foreign companies, connecting with the Indian MSME and helping it grow is a sure way to success, says R Jayaraman.

Read more
Policy Regulation
China+1 strategy: India's mixed gains

China+1 strategy: India's mixed gains

India’s strategic response to these challenges could determine the extent of its long-term gains from the evolving global supply chain realignments.

Read more
Policy Regulation
India among world's top 10 exporters of high-value products

India among world's top 10 exporters of high-value products

The country continues to lead the world in exporting precious and semi-precious stones, with its global market share soaring from 2.64% in 2014 to 36.53% in 2023.

Read more

Related Products

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016