Empowering MSMEs with News & Insights

India to propose creation of AI-based portal for MSMEs at G20

Updated: May 31, 2023 02:25:28pm

India to propose creation of AI-based portal for MSMEs at G20

New Delhi, May 31 (KNN) India will pitch for a creation of an Artificial Intelligence based portal at the G20 which will particularly help MSMEs in the development countries through various data on supply chains, reported ET.

“An international body such as the UNCTAD could house it,” a senior government official said.


Currently it is still in nascent stage but the attempt is to push for tangible outcomes that can provide some solution, the official added.

The upcoming meeting of Trade and Investment Working Group will likely take up these issues which will be held in June Kewadiya in Gujarat.

The move, being discussed as part of the supply chain resilience initiative, is seen as a game changer for MSMEs that suffer from information asymmetry.

Such a portal could offer businesses concise information with geospatial mapping at one place about various practices and requirements of a particular country and aid in scaling up.

The proposal is said to have been mooted by Federation of Indian Micro and Small & Medium Enterprises (FISME)  in the subgroup headed by ICRIER.

At present the information available is scattered or not available in a free-flowing manner in many countries.   (KNN Bureau)


    Be first to give your comments.


Required fields are marked *