MOU signed between VERBIND and IAMSME of India

NOIDA, INDIA - VERBIND the trade services arm of WTC Noida, WTC GIFT City and WTC Chandigarh along with IAMSMEofINDIA will work in close partnership for boosting trade and business in Faridabad and adjoining regions. A Memorandum of Understanding (MoU) was signed on 07th July 2016 to facilitate business and investment, technology transfer, education, advisory & consultancy as well as to provide joint venture opportunities to the members of IAMSMEofINDIA.

VERBIND will provide business and trade services to members of IAMSMEofINDIA across India and the international markets. It further strengthens the commitment of VERBIND to the growth of MSMEs by offering international trade facilitation and global networking platform through exchange of idea, information & market to foster international trade.

Commenting on MoU, Ms. Khair Ull Nissa, Executive Director of WTC Noida & VERBIND said, “Our focus will be on ensuring that micro, small and medium enterprises (MSMEs) in Faridabad and Haryana region are connected to their international counterparts across industry domains. We shall also provide skill development and training courses to IAMSMEofINDIA members as well as offer digital platform that would be an online tool for showcasing their products and other related information for probable business and marketing matchmaking. Through this agreement, we shall encourage bilateral investment through joint ventures & technical collaborations and facilitate transfer & exchange of technical know-how, services and expertise among members for their mutual benefit.”

The MoU will provide the opportunity to IAMSMEofINDIA members in improving the infrastructure and providing required support to MSMEs for growing their business. Through VERBIND, the members shall get benefit of international connect. VERBIND’s digital platform will further ensure hassle free opportunity to market their products and services with a click. VERBIND will also assist in solving trade related queries and trade leads.

As per the MoU, VERBIND shall also promote exchange of visits for expansion of bilateral trade & industrial relations through inbound and outbound trade from the countries where IAMSMEofINDIA members have business interest. This steps are in pursuit of giving local connect to global businesses and global connect to local businesses.

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