Monday, Dec 4 2023 | Time 22:01 Hrs(IST)
image
Business Economy


NSIC signs MoU with Walmart

New Delhi, Dec 7 (UNI) A MoU was signed between Walmart Global Sourcing India Private Limited and The National Small Industries Corporation Limited on Tuesday.
The MoU was signed by Gaurang Dixit, Chairman and Managing Director, NSIC and Prameela Mallaiah, Director and Hub Leader, Walmart in the presence of Union Minister of MSME Narayan Rane.
Through this MoU NSIC will be able to extend the NSIC schemes and other services to MSMEs who would participate in various Vriddhi programme.
Moreover, the MSMEs would get the exposure to various advantages of gaining working capital, bulk procurement support etc under various opportunities offered by NSIC.
MSMEs who are part of the NSIC ecosystem will also be linked to the Vriddhi programme in relevant clusters and get access to existing business training content, advisory support, tools and knowledge under the programme free of cost.
The MoU will play a critical role in enabling MSME's reach $2 trillion worth of exports by 2030.
During the event, Rane said, "I am glad to see that Walmart's Vriddhi program has enabled a large number of Indian MSMEs to expand, boost their production, and experience growth. Walmart has been instrumental in enabling MSMEs with training and capacity building, especially through the pandemic.
"The Indian MSME sector currently comprises of 6.3 crore MSMEs that employ more than 11 crore people. We look forward to Walmart’s continued support to the growing MSME sector in the country."
Adding to what Rane said, Gaurang Dixit, Chairman-Cum-Managing Director, NSIC, said, "NSIC is committed to the growth and development of a robust MSME sector in India. We look forward to working with Walmart Vriddhi to help MSMEs under the program get access to our schemes and make the learning resources of Vriddhi available to MSMEs under NSIC.
"Through this partnership, MSMEs across the country can get the necessary support required to further expand their businesses nationally and across the globe."
UNI BDN SHK2047
More News

Kottayam-Kochi Rubber Market Rates

04 Dec 2023 | 9:27 PM

Kottayam, Dec 4 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR: 15100
RSS FIVE : 14800
ISNR TWENTY: 13500
SIXTY PERCENT LATEX: 10565
KOCHI
RSS FOUR : 15100
RSS FIVE : 14800
INTERNATIONAL RATES (BANGKOK)
RSS One : 14466
RSS Two : 14324
RSS Three: 14194
RSS Four : 14123
RSS Five : 14017
KUALALUMPUR
SMR TWENTY : 12079($144.90)
SIXTY PERCENT LATEX : 9884($118.55)
UNI PA GNK.

see more..

Telangana: TS Genco and TS Transco chief Prabhakar Rao resigns

04 Dec 2023 | 9:26 PM

Hyderabad, Dec 4 (UNI) Chairman and Managing Director of TS-Genco and TS-Transco Devulapalli Prabhakar Rao resigned from his post, here on Monday.

see more..

Skechers opens National Distribution Centre in M'rashtra

04 Dec 2023 | 8:45 PM

Mumbai, Dec 4 (UNI) Skechers, an American multinational footwear company, on Monday announced opening of Phase 1 of its new state-of-the-art National Distribution Centre (NDC) in Palava City near Dombivli in Maharashtra, and has begun shipping to its extensive nationwide retail network in India.

see more..
Driver Logistics launches Karnataka operations, aims investing Rs 525 crores

Driver Logistics launches Karnataka operations, aims investing Rs 525 crores

04 Dec 2023 | 5:26 PM

Bengaluru, Dec 4 (UNI) Driver Logistics, a rapidly growing logistics service provider, unveiled its multi-client warehouse and partial truckload operations in Karnataka on Monday.

see more..

Amazon to introduce advanced coding, AI modules in 100 KREIS schools

04 Dec 2023 | 5:17 PM

Bengaluru, Dec 4 (UNI) Amazon.in on Monday announced the expansion of its Amazon Future Engineer (AFE) programme to introduce advanced coding and artificial intelligence (AI) modules in 100 Karnataka Residential Educational Institutions Society (KREIS) Schools.

see more..
image