Supply opportunities in IOCL for MSMEs discussed in Vendor Development Programme

Mysuru, Nov 6 (KNN) National Small Industries Corporation Ltd (NSIC) and  Indian Oil Corporation Ltd (IOCL)  organised a Vendor Development Programme (VDP) in partnership with Karnataka Small Scale Industries Association (KASSIA) on November 4th, where a detailed presentation was made on the supply opportunities in IOCL for the Micro, Small and Medium Enterprises (MSMEs).

The meet was aimed at promoting vendor development among the MSMEs by the IOCL in meeting its procurement requirements.

‘‘KASSIA was particularly happy that a large corporation like the IOCL was present here as an important part of the VDP.  Being a major buyer in the public sector, their presence and encouragement and interaction with MSEs present here will be of great benefit to the participants,'' said R Raju, President, KASSIA.

P Ravikumar, Chief General Manager, NSIC inaugurating the vendor development meet emphasized that the meet was specially organised to benefit MSME suppliers with respect to opportunities with IOCL, which is a large procurer of supplies from the sector.

R Sundareswaran, General Manager, (Contract Cell) IOCL particularly explained the e-tendering process and the details of how SMEs can utilise the opportunities to supply to IOCL.   He particularly mentioned that they would prefer MSE suppliers registered with NSIC for making such supplies considering the duly diligence process involved in the registration of suppliers with IOCL.

A large number of KASSIA members and MSEs participated in the vendor development meet.

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