Empowering MSMEs with News & Insights

MSMEs invited for Thessaloniki Fair in Greece

Updated: May 28, 2014 12:50:40pm
image
New Delhi, May 28 (KNN)  The Office of the Development Commissioner of Micro, Small and Medium Enterprises has invited applications from units to participate in the Thessaloniki International Fair in Greece. 
 
The event which is scheduled to be held from September 6-14 is being organised by the India Trade Promotion Organisation (ITPO).   It is likely to strengthen bilateral trade and promote Indian products and technologies while also identifying areas of exports in Greece.
 
Products that will be showcased at the fair are engineering products, jewellery, textiles, home furnishings, processed food, spices, tea, coffee, handicrafts, carpet, coir products, tourism etc, official data said.
 
As per the MDA (Market Development Assistance) scheme guidelines, all the willing participants of micro and small entrepreneurs, who are registered in DIC (District Industries Centre) as manufacturing units, are only eligible for consideration and require to deposit 50 per cent space rent at the time of booking of the stall for the respective fair. Therefore, the micro and small entrepreneurs of general category will be required to pay 50 per cent space rent at the time of booking of the space.
 
For women and SC/ST entrepreneurs and entrepreneurs of North East Region, they need to pay 50 per cent space rental charges as security deposit at the time of booking of space which will be refundable to them (provided the total space rent booked by the unit is within limit of Rs 1.25 lakh) after participation in the fair.
 
On the other hand, if the total space rent of any unit owned by women/SC/ST entrepreneur and entrepreneurs of North Eastern Region crossed the upper reimbursement limit of Rs 1.25 lakh, in that case security amount to the tune of 50 per cent of total space rent in the form of two DDs including one DD of value equivalent to the excess amount of space rent crossing the limit of Rs 1.251akh may be taken from the respective participating unit. One DD of security deposit will be returned to them after participation in the fair.
 
In the event of non-participation in the fair, the security deposit and deposit for excess of Rs.I.25 lakh ( if any) given by women/SC/ST entrepreneurs and entrepreneurs of North Eastern Region will be forfeited.
 
All the relevant payment received in the form of DDs is required to be forwarded to the headquarters office along with the application and other relevant documents for taking further necessary action.
 
ITPO, New Delhi has informed that participation charges for the above fair is Rs 12,500/- per sq. mtr. (approx). For two side open stall 10 per cent extra will be charged. The minimum space required to book is 6 sq. mtr.  Space would be provided on the basis of first cum first served and availability of space etc
 
The DC MSME would like to encourage and motivate manufacturing Small and Micro Enterprises to participate in the event.
 
The criteria for selection/participation of entrepreneurs should primarily be based on the quality of product to be showcased, with entrepreneurs producing superior quality products to be given preference. However, the quality of the product should preferably be of international standards or units having ISO: 9000/14000 certification.
 
The selected units will be reimbursed of the airfare as applicable subject to maximum reimbursement ceiling of Rs. 1.25 lakh (including space rent and airfare) after participation in Fair/ Exhibition on the basis of submission of claim by their representative whose name has been approved by this office.  (KNN/ES)

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *