IndiaMART
CEO addresses CII conference on 'Expanding Exports through
E-commerce'
New
Delhi, April 10, 2003: Mr Dinesh Agarwal, Founder &
CEO of IndiaMART.com, was invited as a speaker in the CII
Conference on Expanding Exports through E-commerce organised at
Hotel Le' Meridien in the capital on April 9-10, 2003..
The two day conference was organised to present topics crucial
topics on how e-commerce and Internet can be strategically used
for business expansion in the global markets. Nearly 100
executives from across the country attended the conference. Under
the chairmanship of Mr. Manoj Chugh, President- India & SAARC,
Cisco Systems and Mr. R. Chandrashekhar Jt. Secretary, Minister of
Communications & IT, other speakers in the forum included Mr.
Rakesh Mittal, Chairman & MD - Bharti Enterprises Ltd., By Mr
Manish Gupta , Principal Consultant, The Boston Consulting Group.
Mr. Ajit Balakrishnan, CEO, Rediff.com and the likes.
In his session under the panel 'Leveraging Electronic
Marketplaces for Trade Expansion' Mr Agarwal highlighted the
reason why global buyers were fast moving on to digital
marketplaces for their sourcing needs and what advantages online
marketplaces could offer to them. Pointing out Indiamart.com's
exemplary success as the global gateway to Indian marketplace
which was bringing in value for its 3000+ clients and over
1,50,000 Indian businesses engaged in exports & manufacturing
domains, he suugested companies to participate actively in online
marketplaces. This, he said, could be done by having presence on
popular marketplaces by way of listing in relevant online
directories, building online catalogs and participation in trade
offers which are highly successful and cost effective ways of
global business promotion. "In case of exports,
buyer-seller discovery is of key importance as against in case of
B2B where transaction/payment is of key value to the parties
involved" Mr Agarwal pointed out.
About Indiamart.com
Launched in 1996 by IndiaMART InterMESH Ltd, IndiaMART.com today
stands as one of the oldest and largest online B2B marketplaces in
India. Declared as India's only dotcom company to have broken-even
and shown cash profits according to the Business World survey of
dotcom profitability (14 May'01), IndiaMART InterMESH Ltd. has
shown increasing profits during all six years of its operations
since 1996.
With a database of over 1,50,000 businesses under 450 categories,
and more than 2,800 clients, the marketplace aims at promoting
Indian businesses at a global platform using Internet. Fetching
over 10 million pageviews, IndiaMART generates more than 1.5 lakh
business queries from over 12 lakh global businesses visiting the
online marketplace every month.
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