FIEO and Shiprocket Collaborate To Aid MSME Exporters in India

FIEO has signed an agreement with Shiprocket, an e-commerce enablement platform, to assist MSME exporters in India in showcasing their products on the IBP.

Found this content useful? Share it now!
FIEO and Shiprocket Collaborate To Aid MSME Exporters in India

The Federation of Indian Export Organizations (FIEO) and Shiprocket, an e-commerce enabling platform, have signed a Memorandum of Understanding (MoU) to promote micro, small, and medium-sized enterprises (MSME) exporters in India presenting their products on the Indian Business Portal (IBP).

The Shiprocket panel now offers premium economy and express alternatives to FIEO member exporters. Additionally, a specialised helpdesk is developed for the quick settlement of questions and service difficulties of the FIEO members. To launch e-commerce exports in a cost-effective manner, FIEO members and SMEs registered on the Indian Business Portal (IBP) can take advantage of a flat 15% reduction on the international shipment tariff. As an added benefit to IBP store owners and FIEO members, Shiprocket will also provide logistics-related services, such as domestic shipping, warehousing management services, fulfilment services, and marketing tools, all under the Shiprocket brand.

“Our goal is to support small-scale entrepreneurs, start-ups, and MSMEs, even in remote areas of India, so that we can capitalise on the immense potential of e-commerce retail exports and appropriately reward these small-scale sellers and merchants with global shipping,” said Ajay Sahai, DG FIEO.

According to Akshay Ghulati, co-founder of Shiprocket, “sellers from Tier-2 and Tier-3 cities are growing, and they need logistics support.” In order to facilitate their business operations and aid in their expansion into international markets, Shiprocket is dedicated to developing a tech-friendly and welcoming ecosystem for them.

Found this content useful? Share it now!

Leave a Reply

Your email address will not be published. Required fields are marked *