News this week: China’s largest e-commerce company, Alibaba Group, has
signed an MOU with the Confederation of Indian Industry (CII) to collaborate on trade and
e-commerce opportunities between Indian and Chinese small and medium-sized
enterprises (SMEs) through its B2B arm – Alibaba.com.
Under the MOU, Alibaba
will work with CII to run e-certificates programmes in India and help Indian
SMEs to develop their business by engaging in partnerships with overseas businesses.
The MOU will also help Indian SMEs to build brand image at both B2B and B2C
levels through collaborations on promotional, training and educational
activities.
Head of Global
Business Development for Alibaba, Timothy Leung, said, “India is one of the key
markets for Alibaba.com. We are confident that the CII and Alibaba.com
partnership will support greater business engagement between Indian SMEs to the
rest of the world.”
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