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FIEO Organises International Reverse Buyer Seller Meet in Chennai
Dr.G.R.Balakrishnan Jan 09 2024 Trade Body / Associations News

FIEO Organises International Reverse Buyer Seller Meet in Chennai

FIEO  jointly with MSME Department, Govt of Tamil Nadu and FaMe TN  organized a Reverse Buyer Seller Meet on 7th and 8th January 2024. The programme has been organized along with Tamil Nadu Global Investors Meet held at Chennai on same days.

 

During the Concluding Session of the event held on 8th January 2024 with Thiru T M Anbarasan, Hon’ble Minister of MSME, Govt of Tamil Nadu appreciated FIEO and MSME department for conclusion of the successful RBSM. While discussing the outcome of the two days event Hon’ble Minister said that 38 buyers from 22 countries across the globe participated. The session generated business of USD 50.70 crores. The two days One-to-One Session was participated by 368 MSMEs from Tamil Nadu, amongst which 73 were first-time exporters. The Hon’ble Minister also explained on the various infrastructure projects being executed by Tamil Nadu Govt for making exports competitive in the international market.

 

Mr Israr Ahmed, President FIEO while welcoming the delegates and participants during the concluding session said that exports from Tamil Nadu in the year 2022-23 was USD 40.68 Billion with 9% share in India’s export compared to USD 35.19 Billion exported during 2021-22 with 8.3% share in national exports. He shared experience of FIEO in organising previous successful B2Bs across India and said that this has helped FIEO to conclude a very successful B2B at Chennai.      

 

Ms Archana Patnaik, IAS, Secretary to Govt, MSME Department in her address said that Tamil Nadu has largest number of MSME in India and various proactive steps are taken by the Department helping MSMEs in overcoming many of the challenges faced during current scenario and doing better compared to other States in India.

 

The session was also participated by Ms Grace Lalrindiki Pachuau, IAS, Additional Commissioner of Industries, FaMe TN and Ms Madhumati, IAS, Managing Director,  SIDCO.

 

Mr K Unnikrishnan, Jt Director General, FIEO SR did the summing up and delivered the Vote of Thanks.