Power2sme and Indian Industries Association (IIA) have announced about signing a Memorandum of Understanding (MoU), for fostering co-operation and support for the promotion of SMEs in the state of Uttar Pradesh.Â
IIA and Power2sme will collectively purchase raw materials for the members of IIA according to the MoU. This project will run in Uttar Pradesh, starting from the Western Region. Power2sme will be registering all members of IIA in this region on their online platform in the next six months. Â
Manish Goel, General Secretary of IIA said, “Uttar Pradesh is home to an extensive network of industrialized districts. It has seen an impressive upsurge in economic growth in the recent past and is moving in the right direction to promote SMEs. We believe that this partnership will be able to reach out to the majority of SME companies across the state. We hope that partnering with Power2mse will help us to create further opportunities for the SMEs and also carve out a path for their future growth.”
R. Narayan, Founder & CEO, Power2sme said, “We are extremely excited about this association and the opportunities that will emerge from this partnership with IIA, the apex body and a leading facilitator in the SME space. We believe that this association will serve as a backbone for the SMEs in Uttar Pradesh and will be instrumental in their growth. This initiative is another testament to the ongoing efforts of Power2sme to provide services enabling SMEs in India to become more competitive and profitable in their business.”
