ENA Global 2019-04-09 12:09:33 <p><strong>New Delhi, Apr 9 (KNN)</strong> There is a tremendous alignment between buyer and sellers primarily led by the market forces. So, the market forces ultimately affect the global value chain and also the supplies, said Secretary General of Federation of Indian Micro, Small and Medium Enterprises (FISME) Anil Bhardwaj.</p> <p>He said this while addressing a gathering today on during Inception Meeting here organized by Responsible Business (C4RB) to discuss outline and receive views to take forward its agenda of the project PROGRESS launched by it to look at Global Value Chains and their implication on specific Sustainable Development Goals (SDGs) in India.</p> <p>It was organized by CRB and Aston Business School to research on how global value chains and factors involved in those global value chains can contribute to SDGs.</p> <p>Bhardwaj said, As far as India is concerned the textile, pharmaceutical, apparel, agro processing and gems and jewelry are major sectors where we have implemented global value chains.</p> <p>Largest skill development trainings are organized focused on textile and apparel sector and most of these programs are standardized and their usefulness is beyond factory walls, he added.</p> <p><iframe frameborder="1.5" height="500" id="mgiframe" src="//mg.mgid.com/mghtml/framehtml/c/k/n/knnindia.co.in.338951.html" width="100%"></iframe></p> <p>Bhardwaj said, I have received complaints regarding two countries which are China and Bangladesh. In both the countries exporters can do away with the quality standards and still be a part of the value chain.</p> <p>He said, There are nodes that are deciding where the manufacturing sectors will ultimately go. Unfortunately India has not been on radar of the nodes.</p> <p>Adding his birws further, he said, Large number of Taiwanese company have been the nodes, who got the technology from Japan and South Korea and capital as well as market they got from USA and ultimately they use China as a manufacturing base.</p> <p>We should focus on influencing these nodes in order to woo them, he said. <em><strong>(KNN/JM)</strong></em></p> <p><a href="http://tracking.affiliatehub.co.in/aff_c?offer_id=8459&amp;aff_id=2709" target="_blank"><img src="http://fisme.org.in/airtel/728x90.jpg" style="height:83px; width:652px" /> </a></p> 22433 https://knnindia.co.in/news/newsdetails/global/market-forces-ultimately-affect-the-global-value-chain-and-also-the-supplies-expert 2019-04-09 12:09:33 knnindia.co.in