R ARIVANANTHAM
CHENNAI, NOV 19
TradeIndia, claims to be the country’s oldest B2B platform planning to spread its wings to South India, especially Tamilnadu, said Jai Gopal Nair, Senior Vice President here recently in Chennai.
Addressing media, Nair said that the Tamil Nadu accounts for nearly 15.24% of country’s micro-enterprises and has the highest number of non-farm units. TN has the third largest number of MSMEs in the country with a share of 10.3% and around 5 million enterprises. With strategic expansion, the TradeIndia plans to assist businesses grow by providing them with necessary solutions to expand their operations & equip them with digital commerce solutions.
- Trade India to address the investment needs of MSMEs through its digital lending solution ‘TI Lending’, which will enable them instant access to business loans and credit facilities of up to Rs 50 lakh with a disbursal time of 24 hours
- Tamil Nadu accounts for nearly 15.24% of country’s micro-enterprises and has the highest number of non-farm units
- TN has the third largest number of MSMEs in the country with a share of 10.3% and around 5 million enterprises
Apart from this, Trade India to address the investment needs of MSMEs through its digital lending solution ‘TI Lending’, which will enable them instant access to business loans and credit facilities of up to Rs 50 lakh with a disbursal time of 24 hours, Nair added.
The TradeIndia has listed over 85,000 categories of products from various MSMEs, SMEs.
Nair said, “The Indian and State Governments have launched various schemes, policies & initiatives to support the SMEs & MSMEs in the region. Tamilnadu is a key market for us. Through our digitized solutions, we planned to further catalyse this mission and encourage small businesses to expand their operations by equipping them with digital solutions and fostering a conducive environment for them to grow. At TradeIndia, our processes envisage bringing the best user experience through technological transformations and innovation. We work with a unified purpose of building long terms associations to create an impact that is not limited to customers’ business; an impact that touches their lives. Through our offerings we plan to be enablers in the lifecycle of SMEs & MSMEs by optimizing their business, creating a resilient supply chair and enhancing their market penetrations.”
Few entrepreneurs, including Athira, MD of Nandalala Enterprise which is exporting human hair from Tamilnadu took part in the media briefing. Athira said that after listing their company in TradeIndia, it has grown manifold. Similarly, an instant food product manufacturer and producer of office enclosures and few other small-time entrepreneurs expressed that they had exponentially grown after listing their business in TradeIndia.
