The Federation of Indian Export Organisations (FIEO) has launched an online marketplace for Indian exporters and foreign buyers. Indian business portal acts as B2B, which helps micro, small and medium enterprise (MSME) exporters, artisans and farmers to identify new markets for their products for sales.

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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.

FIEO said more than 2,000 small businesses have already joined, listing over 40,000 products and services. FIEO will promote the marketplace worldwide.

Minister of State for Commerce & Industry Anupriya Patel, who was present at the launch, said the portal addresses some elements of the government’s commitments, such as digitizing exporters, supporting MSMEs, and encouraging more significant exports of Made in India products.

“It is witnessed during the pandemic that online platforms such as e-commerce have shown immense potential in supporting millions of businesses to sustain themselves,” she stressed.