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Business enquiries worth ₹400 crore were received by small- and medium-scale manufacturers at the three-day Vyapar 2017, which concluded here on Saturday.
The meet, organised by the Department of Industries & Commerce for SMEs, witnessed more than 7,400 business interactions during the three days. As many as 437 buyers, including 80 international delegates, participated in the meet. Also, 334 business visitors registered on the spot.
Buyers screened “We selected the buyers through a stringent screening process after evaluating the laxities of the last two editions of the meet. We also imposed a security fee, which would be reimbursed, for the buyers to identify the genuine delegates,” said Director of Industries and Commerce PM Francis.
The number of foreign buyers increased this and the largest international delegation was from Japan, he said.
A total of 200 SMEs from across Kerala participated in the meet. Food processing sector, which had the largest representation, received the most number of enquiries.
Kerala Bureau of Industrial Promotion (K-BIP) is the nodal agency for the event.
‘Good response’ “We received very good response from buyers and sellers during registration as this was the third consecutive year of business-to-business meet,” said K-BIP CEO V Rajagopal.
The promotional activities held in Kolkata, Delhi and Hyderabad also received good response with new buyers coming on board, said Savio Mathew, Head of FICCI Kerala.
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