India- Dun & Bradstreet signs MoU with NSIC to boost growth of MSMEs


(MENAFN- KNN India) Dun & Bradstreet signs MoU with NSIC to boost growth of MSMEs

New Delhi, Nov 5 (KNN) Dun & Bradstreet Information Services has signed a Memorandum Of Understanding (MOU) with the National Small Industries Corporation (NSIC) to create an ecosystem for promoting, aiding and fostering the growth of Micro, Small and Medium Enterprises (MSMEs) in the country.

'This partnership will help MSMEs in India to increase their visibility, expand access to global markets, find potential customers, uncover new suppliers and channel partners, manage risk and identify growth opportunities,' it added.

The partnership will provide Indian MSMEs with access to Dun & Bradstreet's suite of data and analytics solutions via NSIC's countrywide network of offices and technical centres.

Speaking about the partnership, Julian Prower, Chairman of the Board and Managing Director, Dun & Bradstreet, India said, 'Dun & Bradstreet has been working very closely with the Indian MSMEs over the past two decades, providing business intelligence to help them grow and thrive. Our periodic survey of Indian MSMEs has identified issues and challenges that have inhibited their growth, with respondents  citing access to finance and lack of global markets visibility consistently.'

'By working with the NSIC, we  expect to play a pivotal role in enabling the eco-system required to accelerate MSME growth and help achieve the government GDP contribution target of 50  per cent of GDP by FY 2025, he said.

Dun & Bradstreet, India will also partner with the NSIC to provide customized training and certification programs to help MSMEs better navigate the ever-changing global business environment.

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KNN India

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