WTC Mumbai in association with WTC Navi Mumbai organized a” Panel Discussion on SMES and Global Value Chain” on 24th January 2018 at Navi Mumbai. Experts panelists consist of Mr.Yogesh Joshi, President-ABCI and World Communication Forum, Davos; Mr. Tej Mayur Contractor, Head, Mayur C. Contractor Logistics Pvt. Ltd & Hon President, Indian Institute of Freight Forwarding; Mr.Rohit Chaturvedi, Founder & CEO , KITZO Insights Pvt. Ltd,; and Mr.Sanjay Dave, Associate Vice President- Trade and Forex Services, Kotak Mahindra Bank Ltd.The programme was organized as a pre-cursor to the Global Economic Summit 2018 organized by WTC Mumbai on the theme: Global Value Chains: Accelerating Economic Growth, Development and Sustainability, from 22-24 February 2018 at WTC Mumbai.
Mr.Yogesh Joshi explained how a small entrepreneur became a brand by integrating into the global value chain. Mr. Tej Mayur Contractor dealt mainly the conducive environment in India now to become a global player and explained in detail the importance of customs and customs related agencies to integrate SMEs in the global value chain. Mr.Rohit Chaturvedi, spoke on “Supply Chain – Importance of Analytics and IOT (Internet of Things) and explained in detail the future developments in logistics in the value chain. Mr. Sanjay Dave elaborated on trade finance options available to SMEs in Global Value Chain and mitigating currency risks while operating in Global Value Chain.

While welcoming the delegates Mr. A.O.Kuruvila, Advisor, WTC Mumbai explained in detail the importance of integrating SMEs in Global Value Chain, which enhances SME internationalization and growth. It provides SME suppliers access to global markets at lower costs than those faced by individual small-scale producers. Firms that have successfully integrated into one or more value chains have been able to expand their business, and gain stability.
Mr.J.P.Ghate, Advisor-WTC Navi Mumbai while proposing vote of thanks mentioned about the role played by WTCs in promoting Trade and investment and briefed about the WTC Navi Mumbai project.

In Photo (L-R): Mr.A.O.Kuruvila, Mr.Sanjay Dave, Mr. Tejj Mayur Contractor, Mr.Yogesh Joshi, Mr.Rohit Chaturvedi, Mr.J.P.Ghate