India SME Forum, the voice of MSMEs in India, has taken the lead in forming the Forum for Internet Retailers, Sellers & Traders, (FIRST India) in order to support the entry of retailers, sellers and traders who have been inducted in the definition of Micro Small and Medium Enterprises under the MSMED Act 2006 on the advice of the Advisory Committee constituted under subsection (2) of section 7 of the MSMED Act 2006.
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FIRST is the forum for Internet retailers, sellers & traders who have now been inducted in the definition of micro, small and medium enterprises under the MSMED Act 2006. The main objective of this forum is to act on a consultative basis at national level to help central and state governments and public institutions in creating a better framework for retail and wholesale trade while enabling and enhancing the participation of traders, retailers & merchants. FIRST aims to work towards professionalisation, standardisation and self-regulation of the digital commerce industry.
Retailers, sellers, and traders face a number of challenges, such as digital disruption, finding solutions to match changing consumer expectations, modern marketing techniques, market segment retention, and a shortage of positions involving direct contact with customers. The priority areas on which the discussions would take place at the summit are Reimagining Customer relations, Supply & Value Chain Resiliency and Embracing the Digital Revolution.
Consultative Round Table
between retailer and trader
organizations for focusing
on short term and long term
demands from the State and
Central Government.
Outcome: A white paper will
be prepared post RT and
will be shared with State
Govt.
Focus will be on short term & long term asks from the state and federal government
in regards with competition of online & offline retailers,about laws, taxes, cost of doing business,
commercial electricty, ease of GST & benefits, emerging private labels of retail giants, optimizing
communications & finding the right technologies, manpower management, access to markets, efficient
inventory management, etc.
Power packed Workshops on best practices & growth paths for specific sectors. Workshops will be on the following topics:
Reimagining Customer Relations
Supply & Value Chain Resiliency
Embracing the Digital Revolution
A Showcase of innovative solutions, products and services for Retailers and Sellers.
Speed Mentoring sessions by Retail Industry experts and Veterans.
