AWCCI Participation in 15th Global SME Business Summit  Building Partnerships through Global Value chains

AWCCI Participation in 15th Global SME Business Summit Building Partnerships through Global Value chains

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Date: December 19-20, 2018
Venue: Hyatt Regency, New Delhi, India
Ms. Samira Sarwar, AWCCI Board member participated in 15th Global SME (Small and Medium Enterprises) Business Summit on December 19-20, 2018 in New Delhi, India. It was a crucial platform for disseminating know-how on assessing the export potential of the products and services of Indian MSMEs, identifying suitable markets, developing strategies to penetrate new markets through trade associations, multilateral agencies, international business forums, and E-Commerce platforms. We appreciate Indian Embassy to make our participation possible in this summit.
The program consisted 4 plenary sessions which discussed on Characterizing GVCs, Envisioning the growth trajectory of Indian SMEs, How to leapfrog into GVCs through E-Commerce, countries’ perspective of SMEs going global. The first plenary session was set to understand the dynamics of Global Value Chains, its imperatives to strengthen the global outreach of the Indian SMEs and provide a sneak peak into the journey of other parts of the world which have already integrated with the value chains at the global level.
Moreover, participants had the opportunity to hear about future of E-Commerce, Disruptive Technology and Innovation, 3D Printing, Internet of things, how Artificial Intelligence works in the SME financial space?  , “How China Council for the promotion of International trade is helping its SMEs integrate themselves to be part of the GVC”. The talk and discussions included speaker for the e-commerce giant ‘Amazon’ who apprised the participants on the ways and means to use e-commerce as a potential market platform for the SMEs. The session encompassed eminent speaker from the Google who apprised the participants about the important disruptive technology and innovation that can benefit the SMEs in promoting their businesses. The conference also included sessions with talks of eminent speaker from HP on how technology such as 3D printing can help SMEs to excel in their respective fields. As per Mr. Tabrez Ahmad, the Group Director Government relation and public policy Dell Technologies, e-Commerce has played a significant role by lowering entrance costs and barriers in helping SMEs and developing countries to get involved in international trade.
The session also included debates by speakers from Vodafone and MYFINB, where they announced on how SMEs can leverage IoT in making their business infrastructure more robust and the importance of artificial intelligence and its use for creating a safe and secure financial space. On 2nd day, the (GeM) Government e-Marketplace, had a workshop where they introduced GeM to the participants as a platform of single window solution for online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. At the end, there was an international hub with Amazon and a closing session.