UP MSMEs Get Guidance On Trade Finance, Export Promotion And Banking Schemes

Lucknow, Oct 28 (KNN) An awareness and interactive session on micro, small and medium enterprises (MSMEs), export promotion and trade finance was jointly organised by the Merchants’ Chamber of Uttar Pradesh, the Federation of Indian Export Organisations (FIEO) and Bank of Maharashtra on Tuesday.

The programme aimed to familiarise MSMEs with banking facilities, government schemes, foreign exchange operations, trade finance and export promotion opportunities, while strengthening coordination between the banking and industrial sectors.

Focus On Financial And Institutional Support

Sushil Sharma, chairman, Industry Committee of the Merchants’ Chamber of Uttar Pradesh, highlighted the contribution of MSMEs to industrial and business development and stressed the need for adequate financial facilities and institutional support for entrepreneurs, reported Times Of India.

Anjanish Pratap Singh, deputy commissioner, Department of Industries, outlined government industrial schemes, MSME development initiatives and support available to entrepreneurs. He emphasised the importance of providing industry-specific information on financial and institutional facilities.

Prabhat Mishra, chief operating officer, Merchants’ Chamber of Uttar Pradesh, highlighted the importance of such awareness programmes for the industrial and business community.

Banks And FIEO Highlight Export Opportunities

Sanju Kumari, deputy general manager, Bank of Maharashtra, delivered a presentation on retail trade, foreign exchange and trade finance, explaining the role of banking services and financial solutions in business activities.

Alok Srivastava, regional head (Uttar Pradesh), FIEO, discussed export promotion initiatives and opportunities available to exporters.

Rohit Kumar, chief manager and CPC commercial head, Bank of Maharashtra, briefed participants on MSME schemes, foreign exchange and banking facilities designed to meet the financial requirements of enterprises.

Interactive Session Addresses MSME Queries

An interactive question-and-answer session was also held, during which participants discussed MSME schemes, trade finance, foreign exchange and export-related issues with the panel members.

The programme provided a platform for entrepreneurs to seek guidance on financial services and government support, with the broader objective of helping MSMEs strengthen their business operations and explore export markets.

(KNN Bureau)