MSME Ministry seminar at IIT Madras targets digital export readiness
Synopsis
Key Takeaways
The Ministry of Micro, Small & Medium Enterprises convened a national seminar at IIT Madras on 20 August to equip micro, small and medium enterprises with practical tools for digital commerce and export readiness. The event, organised by the MSME Development & Facilitation Office, Chennai in partnership with the Entrepreneurship Cell of IIT Madras, brought together MSMEs, entrepreneurs, students, policymakers, financial institutions and digital-commerce specialists under one roof.
Key Developments
Praveen Yadav, Additional Chief Secretary, MSME Department, Tamil Nadu, set the tone by underscoring how digital commerce is dismantling geographical barriers for small businesses seeking global customers. He called for deeper Centre-State convergence to build an enabling ecosystem that can sharpen the international competitiveness of Indian MSMEs.
Prof Manu Santhanam, Dean, IC&SR of IIT Madras, spotlighted the indispensable role of innovation and academia-industry collaboration in helping MSMEs develop new products, adopt emerging technologies, and raise their competitive edge.
What Experts Said
Hansraj Verma, Director General, Council of State Industrial Development & Investment Corporation of India (CSIDCO), stressed that quality is the bedrock of competitiveness — both at home and abroad — and urged MSMEs to embrace digitalisation as a non-negotiable lever for market expansion.
Technical sessions featured officials and specialists from the Directorate General of Foreign Trade (DGFT), EXIM Bank, and Export Credit Guarantee Corporation of India (ECGC), alongside e-commerce and export consultants. Topics ranged from export procedures and trade finance to risk mitigation, international payments, regulatory compliance, and digital onboarding strategies.
Policy Framework Behind the Seminar
The seminar forms part of the Procurement & Marketing Support (PMS) Scheme of the Ministry of MSME, which earmarks national workshops and seminars as dedicated capacity-building interventions. The scheme is designed to create awareness among MSMEs on market access, packaging, import-export procedures, and e-commerce platforms.
This is notably one of several such initiatives the ministry has scaled up as India's MSME sector — comprising over 6 crore enterprises and contributing roughly 30% of GDP — seeks to deepen its footprint in global value chains. Digital commerce has emerged as a cost-effective entry point for smaller exporters who lack the capital for traditional distribution networks abroad.
Why It Matters for MSMEs
India's MSME export share remains disproportionately low relative to the sector's domestic scale. Bridging that gap requires not just policy intent but hands-on knowledge of cross-border logistics, currency risk, and platform-specific compliance — precisely the ground the seminar aimed to cover.
The event also served as a launchpad for students and aspiring entrepreneurs to map emerging opportunities in digital commerce and international markets. With e-commerce exports projected to grow sharply over the next decade, early exposure to these frameworks could prove formative for the next generation of Indian exporters.
Further such seminars under the PMS Scheme are expected to be rolled out across other states as the ministry intensifies its outreach.