PSUs

NSIC signs MoU with Walmart Global Sourcing India

By IndianMandarins- 07 Dec 2022
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New Delhi (07.12.2022): The National Small Industries Corporation Ltd (NSIC) and Walmart Global Sourcing India Private Ltd signed a MoU. Through this MoU, NSIC will be able to extend the NSIC schemes and other services to MSMEs which would participate in various Vriddhi programs. Moreover, the MSMEs would get the exposure to various advantages of gaining working capital, bulk procurement support etc. under various opportunities offered by NSIC.
MSMEs, which are part of the NSIC ecosystem, will also be linked to the Vriddhi program in relevant clusters and get access to existing business training content, advisory support, tools and knowledge under the program – ‘free of cost’. The MoU will play a critical role in enabling MSME’s reach $2 trillion worth of exports by 2030.
The MoU was signed by Gaurang Dixit, Chairman and Managing Director, NSIC and Prameela Mallaiah, Director and Hub Leader, Walmart in the presence of Union Minister of MSME Narayan Rane.

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