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IIC and NU in association with MSME hold Management Development Programme to promote exports
Date: 13 – 15th January 2025
Time: 10:30 am to 6:00 pm
Venue: Academic Block II
Institution’s Innovation Council (IIC) (https://iic.mic.gov.in/) , a Ministry of Education initiative (https://www.education.gov.in/)and Centre for Innovation Incubation & Entrepreneurship (CIIE) (https://niituniversity.in/placements/startups-nu/centre-innovation-incubation-entrepreneurship) at NIIT University in association with MSME – DFO Jaipur (https://msmedijaipur.gov.in/ )and Laghu Udyog Bharti – Neemrana organized a 5-day Management Development Program (MDP) from Jan 13 – 17, 2025 for MSMEs at NIIT University campus.
Some glimpses for the 5-day MDP
Display of participants’ products
Why needed?
Globalization has opened significant opportunities for businesses to expand beyond domestic markets. However, navigating export procedures and documentation is complex and requires a clear understanding of international trade laws, documentation protocols, and procedural intricacies.What is the goal?
To address this need, a Management Development Programme (MDP) that focused on enhancing knowledge and skills in export procedures and documentation for MSME business owners was envisaged and conducted by IIC and NU in association with MSME-DFO (Development and Facilitation Centre) Jaipur. The primary goal of this MDP is to equip participants with practical insights into export documentation, regulatory requirements, and procedural strategies to facilitate smooth and compliant export operations.Key objectives include:
- • Familiarizing participants with the necessary export documents.
- • Understanding international trade terms (Incoterms) and their implications.
- • Gaining knowledge of export procedures, including shipping, customs, and payments.
- • Mitigating risks and ensuring compliance with export regulations.
Who participated?
37 representatives of Micro, Small and Medium Enterprises and other organizations participated in the event.Speakers at the MDP
Mr. Tarak Srinath, Director Exim Policy, WTO & Banking FIEO
Mr. D K Mishra, lawyer – Rajasthan High Court
Mr. Ranjan Upreti, Consultant – National Institute for Entrepreneurship and Small Business Development
Mr. Gaurav Joshi, Joint Director & HoO, MSME-DFO, Jaipur
Mr. Girish Kumar, Assistant Director, MSME-DFO, Jaipur
Prof Gurendra Nath Bhardwaj, Professor, NIIT University
Programme highlights
The MDP will include a mix of theoretical insights and practical applications:
- • Overview of international trade and export business setup.
- • Mastery of INCOTERMS 2020 and export pricing strategies.
- • Practical insights into Letters of Credit, payment mechanisms.
- • Hands-on sessions on preparing export documentation and managing delivery orders.
- • Networking opportunities with industry experts and policymakers.
Key outcomes achieved
- • Participants gained practical knowledge of export documentation and procedures.
- • Enhanced awareness of global trade compliance and opportunities.
- • MSMEs were equipped to address export challenges and adopt best practices.
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