The Federation of Indian Export Organisations (FIEO) on Thursday announced an agreement with Aramex India to support exporters from Micro, Small and Medium (MSME) segments in the country, an official statement said.
The FIEO is the apex body of India’s export promotion organisations set up under the ministry of commerce. It serves an estimated two lakh exporters in the county. The Aramex, based in Dubai, is a multi-national logistics, parcel and courier delivery provider.
As part of the agreement, Aramex will provide preferential pricing to FIEO members, as well as access to online services for cross-border express shipments. Members can access these services including creating pickup requests, preparing shipments, and making online payments through a dedicated Aramex banner on the FIEO website. In addition, Aramex will provide helpdesk support to first-time exporters and MSMEs on customs regulations in the Middle East, Africa and Asia, as well as the required paperwork for shipping.
“As the Indian e-commerce market is expected to grow to $200 billion by 2026 and has transformed the way business is done in India. The MoU will further help FIEO to reach the cottage industries, artisans, housewives, youths, MSMEs and clusters, even in far-flung areas to develop their orientation towards exports,” Dr Ajay Sahai, director general and CEO of the FIEO said in a statement.
On the other hand, Aramex recognizes the critical role of small businesses in driving socio-economic growth. “The partnership with FIEO is part of our commitment to helping Indian MSMEs capture global market opportunities by providing access to cost-efficient, seamless and reliable logistics solutions”, Percy Avari, General Manager of Aramex India said.