Ashtalakshmi Mahotsav Hosts Buyer-Seller Meet to Enhance Business Opportunities Across Key Sectors in North East India
AB News, New Delhi: In a transformative initiative aimed at boosting economic ties and fostering long-term business relationships, the vibrant Ashtalakshmi Mahotsav organized by the Ministry of Development of North Eastern Region (MDoNER) hosted an exclusive Buyer-Seller Meet. This landmark event brought together buyers hailing from various parts of the country and sellers from the North Eastern states, serving as a dynamic platform for direct business interactions.
The Buyer-Seller Meet spanned across four key sectors: Textiles, Sericulture, Handloom & Handicrafts, Gems, Jewellery & Allied, Agriculture & Horticulture, and Tourism. With the aim of nurturing meaningful business relationships, the event allowed for bulk orders and immediate trade deals, ultimately contributing to the economic development of North East India.
Held at the Bharat Mandapam in New Delhi, the event saw the participation of senior officials from MDoNER, the North Eastern Handicrafts and Handloom Development Corporation Ltd. (NEHHDC), and the Open Network for Digital Commerce (ONDC). Their presence underscored the event’s significance in crafting opportunities for the artisans and entrepreneurs of the North Eastern Region.
Strategic Insights and Opportunities
During the opening session, the Advisor of NEHHDC highlighted the myriad advantages of investing in the North Eastern Region. The diverse artistic traditions and rich cultural heritage of the area present unique opportunities for both domestic and international buyers. The Chief Business Officer of ONDC detailed a tech-driven initiative aimed at revolutionizing the e-commerce landscape in India. This open protocol system intends to facilitate more accessible e-commerce solutions for startups, enhancing their growth potential through collaborative market strategies.
In a bid to connect local artisans with broader markets, ONDC is actively onboarding artisans, weavers, and sellers from the North Eastern Region onto their platform, thereby enhancing market linkages and streamlining trade processes.
Commitment to Economic Growth
The Managing Director of NEHHDC expressed gratitude towards MDoNER for its proactive initiatives and emphasized that such endeavors not only spotlight indigenous products but also foster economic prosperity for local artisans and sellers. Furthermore, the Joint Secretary of MDoNER articulated the confidence in the North Eastern Region’s potential for growth, citing strategic investments and a favorable government mindset as catalysts for elevating the local economy.
Each of the eight states within the region possesses unique offerings that cater to diverse investor interests. MDoNER and the respective state governments are committed to extending support and creating an enabling environment for sustainable investment and growth.
The event was characterized by one-on-one interactions between sellers from the North Eastern States and buyers from across the nation, providing a rich ground for negotiations and future collaborations.
The Buyer-Seller Meet at the Ashtalakshmi Mahotsav is a significant stride towards bridging the gap between North Eastern artisans and national markets. By facilitating direct business interactions and promoting key sectors, the event not only aims to uplift the local economy but also celebrates the rich cultural heritage and craftsmanship of the North Eastern Region. As initiatives like these gain momentum, the future looks promising for sustainable growth and economic prosperity in this vibrant area of India.
