Alibaba.com will help Indian MSMEs navigate during and publish Covid World
Micro, small and medium-sized companies can take advantage of the platform to effectively boost sales despite a difficult economic environment
The government in India has a view make micro, small and medium-sized enterprises (MSMEs) contribute 50% to the country's GDP, and that exports play a key role in promoting this. However, as the current global crisis has affected many industries and disrupted traditional ways of doing business, many MSMEs are forced to implement changes to survive this new normal.
Even before the outbreak of the Covid-19 pandemic, business-to-business (B2B) e-commerce has enabled numerous MSMEs to reach global buyers. In this challenging time, it presents an even better opportunity as more and more buyers around the world face travel constraints and budget constraints. B2B e-commerce represents an inevitable trend, which is the need for an hour for companies to achieve a total digital transformation and create breakthroughs.
Although there has been growth in this area, MSMEs that have not yet effectively exploited e-commerce platforms have questions such as: What are the prospects for global B2B commerce? What are the latest export trends from India and what does that mean for Indian companies? What do India's global buyers want? And what kind of support can Indian MSMEs get?
As one of the largest global B2B platforms, Alibaba.com continues to play a key role in enabling Indian MSMEs. To help more Indian MSMEs seize the e-commerce opportunity as a way to weather the current global economic downturn, Alibaba.com is hosting an online Summit 'Go Global 2020- Make in India, Sell Globally' on Monday May 18 from 2020 at 15:00. To know more and register for the event, Click here .
At the Summit, attendees will receive news from Stephen Kuo, Head of Asia Pacific, Alibaba.com on how to overcome challenges, seize opportunities and globalize. Charles Rogers, Principal Investigator at Alibaba.com will share insights on what global buyers are looking at from India. Attendees can also learn about the platform's latest measures to better support Indian MSMEs to embrace digital commerce and succeed in the Make in India and Sell Global initiative.
Attendees will also have the opportunity to draw inspiration from the experiences of two Indian MSMEs, Jignesh Kotadiya of Nutricore Biosciences and Amit Jain of the United Export Consortium who have successfully leveraged Alibaba.com to grow their businesses.