The Confederation of Indian Industry (CII), Andhra Pradesh is organizing a B2B Buyer Seller Meet for MSMEs with the theme of “Getting Business Back” for Automotive, Steel, Energy, Consumer Appliance, Defense, Construction Products, Automobile, OEMs that are some of the key sectors that can contribute significantly towards Government’s ‘Make in India’ initiatives, scheduled on 29th August 2020 through a virtual platform.
MSMEs in Andhra Pradesh are well equipped to produce components as per International Standards and can be a great substitute for the import materials/ components required for large companies. More and more industry leaders are looking for sourcing of engineering goods from MSMEs in Andhra Pradesh and many are known for their excellent manufacturing base for Global Sourcing. Manufacturers in Andhra Pradesh have the knowledge and essence for successful practices, which will make them sail through the present challenging times to become “self-reliant”.
This virtual meet will provide an opportunity to the industries to showcase their products and services and focus on various requirements of Large Organizations, wherein these large scales will explore and identify Potential suppliers to fulfill their various domestic as well as import requirements and look at domestic suppliers for import substitute.
The Highlights of the B2B Meet: CII will create a market place where buyers and sellers could come together and transact business thereby creating value via virtual B2B connect. Primarily focus on various requirements of Large Organizations and provide a platform to buyer & supplier industries. A significant portion of their import purchase can be fulfilled from domestic vendors. Participants will gain insight into their current and future needs to gear up to serve these big Manufactures better and generate value for the organization. Steps were taken by the bank to support present borrowers and for giving enhancement to the MSME units. Small Business Emerge Big Business. New Technology & Balance Measures. Hand Holding Measures by OEMs and the meet would highlight the various procurement norms and patterns of buyer originations.
The eminent speakers include Mr. J V N Subramanyam, IAS, Director of Industries Commerce & Export Promotion, Government of Andhra Pradesh; Dr. N Muthukumar, Chairman, MSME Sub-Committee, CII & President, Meritor HVS (India) Ltd; Ms. Rachana Bhusari, Head – SME, National Stock Exchange of India Ltd and Mr. A Ramesh Babu, Regional Head, Canara Bank.
The buyer Companies participating are Bosch Ltd; Hindustan Aeronautics Ltd; Hyundai Motor India Ltd; Saint-Gobain India Pvt Ltd; TTK Prestige Ltd; Amazon Global Selling and Sarda Metals & Alloys Ltd.
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