The Tamil Nadu Government will conduct reverse buyer-seller meets in major cities every six months, said T.M. Anbarasan, the State’s Minister for MSMEs.
Inaugurating a two-day reverse buyer-seller meet organised by FaMe TN in Coimbatore on Thursday, the Minister announced that a large-scale meet will be held in Chennai next year, with additional meets planned in cities like Tiruchi, Madurai, and Tirunelveli to support MSMEs in accessing international markets. The first such meeting, held in Chennai, saw 164 MSMEs signing agreements for orders worth ₹42.68 crore, including ₹16.45 crore secured by 73 first-time exporters.
The government has allocated ₹5.97 crore to support these meets and additionally aids MSMEs in attending international expos, with ₹5 crore disbursed to 250 MSMEs over the last three years. Exports in sectors such as electric vehicles, EV batteries, petrochemicals, and aerospace are on the rise in Tamil Nadu, which is establishing export centres in cities including Tiruppur, Coimbatore, and Madurai.
The Coimbatore meet on November 7 and 8 saw the participation of 28 buyers from 14 countries, including Japan and Germany, alongside over 250 MSMEs from across the State. Nationally, MSMEs contribute 42% of exports and 30% of domestic manufacturing, with Tamil Nadu’s 28.42 lakh registered MSMEs employing two crore people. Over 5,000 MSMEs signed agreements with the government to invest ₹63,773 crore during the Global Investors Meet, he added.
Published – November 07, 2024 05:51 pm IST
