Webinar on Day 3 Virtual Exhibition 2020
(19-25 October) Online Mela during Navratri will benefit people in various ways
At Lucknow on 21 October 2020: Second of the series of webinars was conducted on day 3 of Virtual Exhibition 2020 organized by FICCI jointly with Govt of UP and EPCH. The topic of the session was Enhancing the Digital Value Chain for easy availability of Finance and Expanding Markets.
Welcome address and keynote during the session were delivered by Assistant Commissioner Industries Government of Uttar Pradesh, Mr. Sanjay Tiwari. The key speakers for the session were General Director, SIDBI (RO Lucknow), Mr. Rajiv Kumar, and Amazon India’s Business Development Manager Mr. Arun Koul.
General Director, SIDBI (RO Lucknow), Mr. Rajiv Kumar said, “MSMEs along ODOP need to b competitive in approach both price-wise as well as quality-wise. SIDBI has always been encouraging MSME with their easy loan deployment schemes with CIBIL to help small sector business in Uttar Pradesh to grow and maintain their presence across nations. With our key structural interventions with Mission Swalambhan, Udaymitra, Online PSB loans, MSME Saksham, MSME Pulse, Microfinance Pulse, and CRISIDEX we aim to build the ODOP sector as well. SIDBI is acting as an implementing agency and providing end-to-end digital solutions. Currently, we have provided loans of Rs 424crores to more than 1200 MSME sectors for their upliftment. We connect the sellers to more than 28500 handholding agencies. Psbloansin59minutes.com is India’s largest online lending fintech platform.”
Energy auditor at SIDBI, Mr. Sachin Verma explained how energy can be conserved to attain unlimited opportunity during the production process and said that Uttar Pradesh has created over 2crore employment opportunities across the state under the ODOP sector.
Amazon India’s Business Development Manager Mr. Arun Koul said, “Amazon aims at utilizing marketplace for enhancing exports by local MSMEs. We aim to promote ‘Make in India products’ globally. Provide MSMEs direct access to millions of customers worldwide in order to improve their profits. MSMEs can export into multiple countries through OPEX instead of CAPEX by using Amazon’s worldwide footprint. In a report from Mackenzie reviews that E-commerce exports have created around 1Trillion global opportunity in the year 2020. MSMEs hold around 49%contribution in Indian exports last year, and we vision to maximize it by 60% by the end of this year.”