Telangana government announces digital platform for MSMEs

The Telangana government has joined hands with GlobalLinker with the aim at accelerating the financial inclusion of the state’s MSMEs.

Under the partnership, a digital networking platform, called ‘Telangana State GlobalLinker’ was launched. The platform, besides offering a host of benefits to MSME members such as digitisation, an e-commerce store and access to business efficiency tools would enable Telangana’s MSMEs to connect to a global community of small and large businesses.

“Digitisation is going to be one of the game changers for MSME businesses as it helps them cater to customers beyond local boundaries, allows their profit to grow twice as fast and substantially increases their contribution to GDP. Industries Department of Telangana has collaborated with GlobalLinker to create Telangana State GlobalLinker, a digital SME Networking solution to address key challenges faced by MSMEs with the core objective of making the business growth of MSMEs – simpler, more profitable and enjoyable,” Jayesh Ranjan, Principal Secretary, Industries & Commerce Department, Government of Telangana said, in a statement.

The IT platform will also allow MSMEs to create a digital profile for their business, connect with other global MSMEs, enable them to find buyers and suppliers, gain visibility and receive up-to-date industry trends and news.

Sameer Vakil, Co-founder & CEO, GlobalLinker, while stressing on the enabling role of digitisation for MSME’s growth, further said, in a statement that digitisation can truly catalyse growth for MSMEs, as it not only blurs borders but also provides greater access to clients. “We look forward to assisting over 2.3 million MSME members to transform their business on the strength of our platform”, he said.

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