More

    Alibaba to assist Indian SMEs in global trading 

    Must Read

    Covid 19 cases reached 11799 in Vadodara after 117 new cases on Wednesday

    Total 60 discharged from hospital taking the total to 9942 Covid 19 cases in...

    Digital Seva Setu to held in the next phase of Corona vigilance

    Guidance given by the Chief Secretary through video conference Chief Secretary of State Anil...

    VPA opposed goverment decision to waive 25% school fees

    Vadodara Parents Association opposed the government decision to waive 25 percent fees in private schools. They demand...

    Global e-trader Alibababa.com on Monday announced offering Indian small and medium enterprises (SMEs) a common platform for their global trading needs.

    they have tied up with five partners to set up a Trade Facilitation Centre (TFC) programme for providing Indian SMEs customised services in global trading , The five partners are Kotak Mahindra Bank, IDFC Bank, Delhivery, DHL and Aditya Birla Finance Ltd.

     

    The TFC will aim to drive greater participation of Indian SMEs in the international trade and business market & also avail SMEs with special benefits, value-added services and dedicated facilities

    sme

    Kotak and IDFC will provide banking, transactional and lending solutions, Aditya Birla will improve SMEs exports process with collateral-free loans and financing options, DHL will present Alibaba’s members a programme (Concept 1) for export and import of samples and Delhivery courier and logistics services with free shipments.

    Alibaba Global MD &  India Head K. Guru Gowrappan said that The TFC programme is our commitment to support inclusive global trade for SMEs, which is the mission of the eWTP (electronic World Trade Platform) proposal initiated by our group’s Founder and Executive Chairman Jack Ma.

    Alibaba.com has been operating in India since 2007. The marketplace had six million registered Indian buyers and sellers as of early 2016.

     

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Latest News

    WhatsApp starts rolling out new storage UI to beta users

    WhatsApp has been working on new storage optimisations for its users. The storage section is revamped with...

    Digital Seva Setu to held in the next phase of Corona vigilance

    Guidance given by the Chief Secretary through video conference Chief Secretary of State Anil Mukim interacted with the Vadodara...

    VPA opposed goverment decision to waive 25% school fees

    Vadodara Parents Association opposed the government decision to waive 25 percent fees in private schools. They demand 50% of the fees to...

    WhatsApp starts rolling out new storage UI to beta users

    WhatsApp has been working on new storage optimisations for its users. The storage section is revamped with new features for better storage...

    Innovative birthday celebration in Vadodara on Wednesday

    Nearly 100 people plant saplings and celebrate birthday of their friend Lockdown taught us new ways to celebrate occasions...

    More Articles Like This

    - Advertisement -