New Delhi, June 27 (KNN) The Union Minister for Micro Small and Medium Enterprises (MSME) Nitin Gadkari will inaugurate an international convention on MSME here today to mark the International MSME Day.

The objective of the convention is to boost the international competitiveness of the Indian MSMEs by making them aware of global trends and practices and standards in export financing, along with experience sharing by successful exporters.

With the theme, ‘Indian MSMEs, Global Aspirations’, the convention will provide the MSMEs a platform to understand the opportunities in the international market and encourage them to evaluate options and opportunities of international trade.

In addition, as a part of the convention, the information will be disseminated on global market demand, ease of export financing for exports; and developing strategies to penetrate new markets.

The Ministry had organized the first International SME Convention in April last year, where 160 SMEs from 39 countries participated in the three-day event and issues of international best practices on SME development and cooperation, global business opportunities for SMEs, problems faced by women entrepreneurs were discussed.