Mumbai, Jan 29 (ANI/Business Wire India): The 6th Global Vendor Development Programme, an International Conference – cum- Exhibition for Micro Small and Medium Enterprise, has been scheduled on January 30 to February 1, 2009 at Mumbai.

It is supported by the All India Association of Industries, Bombay Small Scale Industries Association, Mumbai, Indo-Arab Chamber of Commerce and Industries and New Media, India’s Largest Bilateral Trade Magazine Publishing House with a sole mission of encouraging bilateral trade globally.

The 6th Global Vendor Development Programme has been designed to promote intra industry trade, healthy business relationships and outsourcing of products and components of MSMEs, adoption of best practices in order to avail of collective bargaining for common benefits from Governments, PSUs, Corporates and vendors.

The programme will be inaugurated by Madhav Lal, IAS, Additional Secretary and Development Commissioner, Government of India, MSME on January 30, 2009. On this occasion the National Awards to the Outstanding Entrepreneurs of Mahrashtra will also be presented.

In these times of global meltdown and business challenges, it is critical to seize opportunities that would add great impetus to growing business.

The current economic challenges has swept across major economies which has started affecting the MSME sector particularly visible impact on auto components manufacturing and exporting units.

Dinesh Rai, IAS, Secretary, Ministry of MSME, Government of India while responding to the economic crisis faced by the MSME of Pune region said that, “The Government of India is sensitive to the development and has taken initiatives to safe guard the interest of the MSMEs from the global melt down.” He added that, we need to build a new approach to spot emerging global competitive opportunities to encounter the challenges in the present scenario.

Sensing the heat of global recession, the MSME Development Institute, Mumbai, National Small Industries Corporation Ltd., and Vasai Industries have initiated a Conference-Cum- Exhibition.

This meet will facilitate collaboration and cooperation between Micro, Small and Medium Enterprises and multi national companies, large industrial units, public sector undertakings, Central Govt. department’s viz. Defense, Navy, and Railways etc. BHEI, ONGC, BSNL, BEL, NPCL, NTPC, BPCL, HPCL, IOC, MTNL.The business services provider and other stake holders etc.

In order to accelerate intra-industry trade for maintaining business continuity in the turbulent times. The concurrent technical session is also being organised simultaneously on the recent trends and challenges posed by global recession such as Business Continuity Management, cutting edge technologies, Lean Management, B2B, Buyers/Sellers meet for exchange of ideas.

K. R. Sharma, Director of the Institute said that, “As the Government department and PSU’s are the bulk buyers of the products of MSMEs; the programmes offer longer terms solutions. (ANI)