Chamber of Industrial and Commercial Undertakings (CICU) successfully hosts Buyer-Seller Meet in collaboration with MSME

Ludhiana, January 8, 2025: The Chamber of Industrial and Commercial Undertakings (CICU), in collaboration with the Ministry of Micro, Small, and Medium Enterprises (MSME), organized a grand Buyer-Seller Meet at the CICU Focal Point Complex, Ludhiana. The event drew an overwhelming response, with over 1,000 visitors and 25+ Original Equipment Manufacturers (OEMs) and Tier-1 suppliers participating.

The meet served as a dynamic platform for businesses to network, showcase their capabilities, and explore procurement opportunities with major industry players such as JCB, Swaraj Mahindra, Sonalika, Mother Son, SML Isuzu, JBM, ONDC, BHEL, Indian Railways, OEMs, Defence, and International Purchase Orders (IPOs).

The event commenced with a welcome address by Smt. Ishita Thaman, IES, Deputy Director, MSME-DFO, Ludhiana, who highlighted the importance of such platforms in bridging the gap between buyers and sellers.  Upkar Singh Ahuja, President of CICU, expressed gratitude to MSME officials and other PSUs for their invaluable support and participation.

Key Highlights and Insights:
•    Policy Insights:
o    Manjit Bhatoya, JDG, DGFT, discussed key DGFT schemes beneficial for MSMEs.
o    Rishi Pahwa, Joint Managing Director of Avon Cycles Ltd., emphasized the need for reforms in the bicycle industry to boost its global competitiveness.
•    Procurement Requirements and Registration Process Presentations:
o    Harshil Jain, SMM/D, RCF, Kapurthala
o    Rajesh Kumar, Senior Manager, BHEL, Goindwal Sahib
o    Ishwinder Singh, CMM, Artificial Limbs Manufacturers Corporation of India, Mohali
o    Charanya Ambati, DGM (C&M), Power Grid Corporation of India Ltd.
o    Surendra Pal Singh, DGM (Materials & Contracts), Indian Oil Corporation Ltd.
•    Technical Sessions:
o    GeM Registration and Benefits for MSME Sector by Shri Sahil Sharma, GeM Facilitator, Punjab & UT.
o    3D Technologies in Manufacturing by Shri Raj Kumar, Regional Head, Phillips, NOIDA.
o    PMS Scheme and Export-Related Schemes by Shri Krishan Kumar, Assistant Director, MSME-DFO, Ludhiana.
o    Export Promotions in MSME Sector by Shri Vinay Kumar, Deputy Director, FIEO.

The event was graced by Chief Guest Sanjeev Chawla, IEDS, Additional Development Commissioner, MSME-DFO, Ludhiana & Karnal, who praised the initiative for fostering business growth and innovation. A felicitation ceremony honored the Chief Guest and other dignitaries for their contributions to the MSME ecosystem.

The event concluded with a heartfelt vote of thanks by Wazir Singh, IEDS, Assistant Director, MSME-DFO, followed by an engaging networking session where participants exchanged ideas and explored potential collaborations.

This Buyer-Seller Meet marked a significant milestone in empowering MSMEs by connecting them with global procurement opportunities and encouraging local manufacturing growth. The event reinforced Ludhiana’s position as a vibrant industrial hub and a key player in India’s economic development.