IndiaMART CEO addresses CII conference on ‘Expanding Exports through E-commerce’

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New Delhi, April 10, 2003: Mr Dinesh Agarwal, Founder & CEO of IndiaMART.com, was invited as a speaker in the CII Conference on Expanding Exports through E-commerce organised at Hotel Le’ Meridien in the capital on April 9-10, 2003..

The two day conference was organised to present topics crucial topics on how e-commerce and Internet can be strategically used for business expansion in the global markets. Nearly 100 executives from across the country attended the conference. Under the chairmanship of Mr. Manoj Chugh, President- India & SAARC, Cisco Systems and Mr. R. Chandrashekhar Jt. Secretary, Minister of Communications & IT, other speakers in the forum included Mr. Rakesh Mittal, Chairman & MD – Bharti Enterprises Ltd., By Mr Manish Gupta , Principal Consultant, The Boston Consulting Group. Mr. Ajit Balakrishnan, CEO, Rediff.com and the likes.

In his session under the panel ‘Leveraging Electronic Marketplaces for Trade Expansion’ Mr Agarwal highlighted the reason why global buyers were fast moving on to digital marketplaces for their sourcing needs and what advantages online marketplaces could offer to them. Pointing out IndiaMART.com’s exemplary success as the global gateway to Indian marketplace which was bringing in value for its 3000+ clients and over 1,50,000 Indian businesses engaged in exports & manufacturing domains, he suugested companies to participate actively in online marketplaces. This, he said, could be done by having presence on popular marketplaces by way of listing in relevant online directories, building online catalogs and participation in trade offers which are highly successful and cost effective ways of global business promotion. “In case of exports, buyer-seller discovery is of key importance as against in case of B2B where transaction/payment is of key value to the parties involved” Mr Agarwal pointed out.