MSME-Development & Facilitation Office, Ludhiana and Chamber of Industrial & Commercial Undertakings Join Forces to Empower Exporters

Ludhiana, November 26, 2024: The Government of India's Ministry of Micro, Small & Medium Enterprises (MSME)-Development & Facilitation Office, Ludhiana, in collaboration with the Chamber of Industrial & Commercial Undertakings (CICU), has embarked on a mission to nurture the next generation of exporters. The 8th batch of a 5-days Certified Training Program on Export-Import commenced on November 25, and will conclude on November 29.

A Comprehensive Approach to Export Success
This intensive training program, led by renowned export expert Vinod Kumar, is designed to equip participants with the essential knowledge and practical skills needed to navigate the intricacies of international trade. The curriculum covers a wide range of topics, including:
•    India's Foreign Trade Policy: A deep dive into the government's policies and incentives to promote exports.
•    Export-Import Procedures: Step-by-step guidance on documentation, customs clearance, and regulatory compliance.
•    International Trade Finance: Understanding the financing options available to exporters, including letters of credit and export credit finance.
•    Market Research and Analysis: Identifying potential markets, assessing market opportunities, and developing effective market entry strategies.
•    Logistics and Supply Chain Management: Optimizing supply chain efficiency and reducing costs.
•    Export Documentation and Compliance: Ensuring accurate and timely documentation to avoid delays and penalties.
•    Risk Management and Insurance: Mitigating risks associated with international trade.

Industry Leaders Share Insights and Experiences

The program also features valuable insights from industry leaders and government officials. Upkar Singh Ahuja, President of CICU and CMD of New Swan Group, shared his experiences and encouraged young entrepreneurs to leverage the opportunities presented by global markets. Ishita Thaman, Deputy Director of MSME, highlighted the government's initiatives to support exporters and provided information on various schemes and benefits.

Empowering the Future of Export
By providing a platform for knowledge sharing, networking, and practical training, this program aims to:
•    Foster a Vibrant Export Ecosystem: Create a supportive environment for exporters in Ludhiana and Punjab.
•    Empower SMEs: Equip small and medium enterprises with the tools and skills to compete globally.
•    Boost Economic Growth: Contribute to India's economic growth by increasing exports.