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 advise of the Advisory Committee constituted under subsection (2) of section 7 of the MSMED Act 2006. FIRST India was launched by Hon'ble Union Minister Shri Narayan Tatu Rane in March 2023.
The Indian retail industry has emerged as one of the most dynamic and fast-paced industries. It accounts for over 10% of the country’s gross domestic product (GDP) and around 8% of the employment. India is the world’s fifth-largest global destination in the retail space. 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. Together with Indian policymakers, FIRST India will work on a daily basis to create a conducive policy and ecosystem which will help remove the biggest obstacles for online merchants to expand their business nationally as well as across-borders.
Honorary Secretary General, IAS (Retd.)
President
India SME Forum
President
Women Entrepreneurs Forum
Ceo
Inddus.in
Owner
Leemboodi Fashion
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