Lucknow, Mar 22 (KNN) Indian Industries Association (IIA) and WTC India Services Council (WTCIS) have signed a Memorandum of Understanding (MoU) to promote business of Indian Micro, Small and Medium Enterprises (MSMEs) worldwide.

This collaboration is in the overall interest of MSMEs to get an easy access world over forpromoting trade, investment, infrastructure and various other services provided by ‘Verbind’, a brand owned by WTC NCR Services Pvt. Ltd which is in cooperation with WTCIS, IIA said in a release.

Khair Ull Nissa Sheikh, Director, WTC India Service Council said, “There is a lot to gain by MSMEs through this as both the parties will work with objective to – develop synergies in overall business promotion for MSMEs and inviting members for various events relating to Indian economy and Trade & Investment, organising events to achieve their objectives, facilitate transfer of information and expertise, to provide skill development and training courses, reciprocity in terms of knowledge, list of members on digital platform – www.verbind.org.”

Indian companies can showcase their products to meet the buyers here in this digital platform, he added.

Manish Goel, President, IIA said, “Both IIA and WTCIS have joined hands to promote and exchange trade/business information and expertise between them for mutual benefit, to encourage bilateral investment through setting up of joint ventures and technical collaborations and to render all possible advice, guidance and assistance; to promote exchange of visits for expansion of bilateral trade and industrial relations by delegations of businessmen from the countries where IIA members have interest by promoting relationship with each other, etc. (KNN Bureau)