Promoting Entrepreneurship Development and Uplifting Society, 5th Micro and Small Business Summit On Import & Export in Mumbra Concluded Successfully
Mumbra (Thane): “We have been making continuous efforts to change the stereo typical opinion about Mumbra.” Abdussalam Malik said while speaking to the press gathered to cover The 5th Micro and Small Business Summit on Import Export, successfully organized by RIFAH Chamber of Commerce & Industry and Jamaat-e-Islami Hind (JIH), Mumbra on Sunday, 9th April in Mumbra. This one-day specially designed is attended by more than 1000 people, in which 400 are registered importers and exporters along with other 2000 micro & small entrepreneurs and knowledge gatherers, students and businessmen etc.
The summit is mainly focused on government schemes for importing & exporting goods & products using e-commerce sites like eBay, Alibaba etc.. The summit also covered importing & exporting industrial products in national & international markets, understanding the usage and importance of internet and social networking sites like Facebook, Linkdin, Twitter and web portals for micro & small scale businesses, and how to develop rapport with domestic and international markets.
This is the fifth consecutive year of organising this summit. “Initially, people thought it was some skill development program which doesn’t require their attendance.” Says Abdussalam, “But later on, it caught with the local business and enterprising community, though little yet sustentative, they begin to understand its importance. We started bearing fruition.”
Starting the summit with ‘Government Schemes for Existing and Beginner Entrepreneurs’, Mr. C.B. Singh APEDA, Assistance General Manager, Western Region said, “APEDA gets 54% of its total sale from India. It is India’s number one platform dealing in agriculture food. If we work in an organised and standard way, finding an opportunity is just a small and task.” He further said, “APEDA is working on subsidies to replicate it further. It also has schemes to avoid international custom charges. Halal is a standard which only deals in meat rather. It also has a huge network within itself.” Addressing the new entrepreneurs, he said, “We highlight on data so as to make supplier understand and set good market strategy accordingly.” He gave details on how Mumbra’s businessmen and entrepreneurs can advance their businesses by registering their companies, which provides assistance with start-ups, training, sale and exports.
Representatives from Ebay and Alibaba, two very famous e-commerce platforms across the globe, provided information about registration, its benefits and tools & technique for importing & exporting industrial products on their websites through a demo.
Mr Ashraf Muhammadi of Rehbar Financial consultant Pvt. Ltd. addressed issues relating to Interest Free Islamic Banking. He was of the view that Islamic Banking system can provide the much required platform for Muslim businesses. Rehbar offers both services; investment opportunities for investors and business loans to the Mumbra businessmen. “Interest free banking brings investors and businessmen closer and both get benefitted.”, asserted Mr Ashraf. There are few gaps which Rehbar is trying to fill up: Finance structure, investor management, investment monitoring, SWOT analysis, etc. Rehbar has a team that continuously work to nullify interest under sharia compliance.
Mr V.S. Ravi, International Head of Indo Africa Chamber of Commerce told the gathering that there are opportunities in Africa. He summed his talk up in a more bulleted form, he said, “The important thing is to understand the trading countries requirements, size of market, consumption and usage. Key competitive factors are required to look into the demand and the margins, be very specific in your calculations, payment system prevailing, line up credit, etc.”
Mr Purushottam Agwan Viace President COSIA appreciated the efforts of Rifah Chamber of commerce & entrepreneurship cell Jamaat-e-Islami Hind Mumbra & motivated the SMEs to register with Govt as Small Scale industry by enrolling at www.udyougadhaar.gov.in, also explained about lean manufacturing, offered that cosia is willing to support MSMES of mumbra , Rifah & COSIA can work jointly for Skill Development
This summit has its impact locally and the team has a few success stories to its creadit. On this occasion, Mumbra Business Young & Successful Entrepreneurs Awards were given to five Mumbraites. The awardees shared their success stories and their share of struggles in the business.
Mumbra is geographically situated at a very strategic point. Its proximity to Bhiwandi (which is a huge logistics hub) and MIDCs of Taloja and Mahape and accesses to two national highways is highly beneficial for businesses and its people here. “Thus far, it was in the clutches of “an underdeveloped suburb” tag, but it seems it is breaking those shackles and making most of the opportunities available.”, said Moazzam Asre, President, JIH, Mumbra.
Keeping the topic “Import & Export Business Summit” in mind, the organisers has kept very limited stalls for exhibition. Stalls were only for those who gave services to Import Export businesses, such as E-Export Import Business to Consumer (eBay), e-Export Import Business to Business (Alibaba), A 2 Z Business Documentation Maker (SHOP ACT,VAT TAX, SALES TAX, PANCARD, etc – Noble Associate), Import Export Code Provider, Digital Signature (DSE) Provider, Legal Advisor (CA) of NSRS & Co., Logistics and Air Ticketing Tours & Travels, Interest Free Finance Consultancy (RAHBAR), Islamic Finance Bait un Nasr Co-operative bank.
It was a win-win deal for both, the exhibitors, service providers as well as the visitors, many of whom were astonished to witness the high level of knowledge imparted during these sessions. Like previous summits, this also was a huge success. Su Indeed, as previous such summits have shown, budding businessmen get to learn about new avenues and opportunities here, allowing them to expand and strengthen their enterprises.
Mr. Mauzam Asre said, “Apart from being directly beneficial to the business class, such programs also serve to highlight the wide spectrum of Islam; that it is not merely confined to Mosques, but it is here to solve the issues of all kind.” He further said, “It is about time that the Muslims should rub shoulders with whos who of business and get benefitted from their experience.”