The Telangana government Wednesdaylaunched a MSME networking portal, Telangana State GlobalLinker (ts-msme.globallinker.com) to digitize over 2.
3 million MSMEs of the state.
"Digitization is going to be one of the game changers for MSME businesses as it helps them cater to customers beyond local boundaries, allows their profit to grow twice as fast and substantially increases their contribution to GDP,"an official release quoted Jayesh Ranjan, Principal Secretary, Industries, as saying at an event.
"The solution aims to address key challenges faced by MSMEs with the core objective of making their business growth simpler, more profitable and enjoyable," he said.
The Telangana State GlobalLinker will provide MSMEs - a digital profile, access to global networking opportunities to find buyers and suppliers, economies of scale on a wide range of business services, access to industry news, articles and discussions, the release added.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.