Centre Launches Global Trade Guidebook for MSMEs

Key facts

• The Centre for Trade and Investment Law (CTIL) of the Indian Institute of Foreign Trade (IIFT), in collaboration with the Confederation of Indian Industry (CII), launched the guidebook titled 'Going Global: A Practical Guide for Indian MSMEs' in New Delhi.
• The guidebook is a one-stop practical resource to help MSMEs identify export opportunities, understand market access requirements, leverage freely available trade intelligence tools, and comply with international standards and sustainability requirements.
• It addresses common MSME challenges such as limited access to market information, inadequate knowledge of overseas buyers, difficulty in complying with international standards and certifications, and maintaining price competitiveness.
• The publication aims to enable MSMEs to make informed business decisions and participate more effectively in international trade.