MVIRDC World Trade Center Mumbai received overwhelming response from micro, small and medium enterprises (MSMEs) for its interactive session on ‘Skilling MSMEs for Global Opportunities’ organized in Amravati on July 8, 2019. The event was organised in partnership with Maharashtra Industry, Trade and Investment Facilitation Cell (MAITRI), which is an arm of Department of Industries, Government of Maharashtra.

Mr. Arvind N. Khedkar, Senior Faculty at World Trade Institute Mumbai, conducted the session by explaining the strategy for entering into the global market, understanding the quality standards in foreign countries, procedures involved in export documentation and so on. Mr. Khedkar also explained the importance of Incoterms, which is a globally recognized set of rules for businesses engaged in international trade.

Mr. Khedkar suggested MSMEs in Amravati to take advantage of the ongoing trade tension between USA and China by exploring market opportunities in these countries. He said, “MSMEs in Amravati can explore market opportunities in textile, agriculture and processed food in China and USA. MSMEs can avail benefits of government schemes and export credit facilities offered by several financial institutions for exporting their goods to foreign markets.”

Earlier in his welcome remarks, Mr. Anil Velde, Joint Director, MVIRDC World Trade Center Mumbai explained the role of his organisation in promoting international trade through trade research, trade education, trade promotion and trade facility.

At the end of the session, distinguished audience interacted with Mr. Khedkar by seeking clarification on various procedures involved in foreign trade for goods and services.

The interactive session is part of the series of knowledge programmes conducted by MVIRDC World Trade Center Mumbai across Maharashtra to observe World Trade Day. World Trade Day is a unique initiative of World Trade Centers across the world to create awareness on international trade and its impact on economic development and regional growth. The objective of World Trade Day is to encourage small and medium enterprises to explore opportunities in capacity building and seek opportunities in international trade and exports.

Photo Caption: Mr. Arvind N. Khedkar, Senior Faculty, World Trade Institute Mumbai conducting the Interactive Session at World Trade Day Amravati