The Federation of Indian Export Organisations (FIEO) has launched the first-of-its-kind online marketplace for Indian exporters and foreign buyers. The marketplace – Indian Business Portal – will act as a B2B digital marketplace to help micro, small and medium enterprises (MSME) exporters, artisans and farmers to identify new markets for their products and grow their sales globally. Minister of State for Commerce & Industry Anupriya Patel, was present at the launch.
The marketplace has been designed and developed in partnership with GlobalLinker, which already provides a business networking platform for SMEs and startups. The portal will digitize Indian exporters and help them become discoverable online, promote exports from all Indian states, and showcase a wider range of products and services. More than 2,000 small businesses have already joined, listing over 40,000 products and services. FIEO will promote the marketplace worldwide.
Important takeaways for all competitive exams:
- Federation of Indian Export Organisations Founded: 1965;
- Federation of Indian Export Organisations Headquarters: New Delhi;
- Federation of Indian Export Organisations President: Dr A Sakthivel;
- Federation of Indian Export Organisations Director General & CEO: Dr. Ajay Sahai.