Bizz Buzz Bureau Visakhapatnam

InternationalReverse Buyer–Seller Meet (RBSM), organised jointly by the Andhra Pradesh MSME Development Corporation (AP MSMEDC) and the Federation of Indian Export Organisations (FIEO), under the Raising and Accelerating MSME Performance (RAMP) Scheme, was inaugurated here on Thursday.

The three-day event was declared open by at Visakhapatnam by Tammi Reddy Siva Sankara Rao, Chairman, AP MSME Development Corporation.

The inaugural session was attended by Directors of AP MSMEDC Neelapu Vijayananda Reddy, Mugada Raja Rao, Pradhana Vijayaram, PVV Sathyanarayana Murthy, Dr Chinnaraju Gudipudi and Nalle Veera Prasanna Kumar—along with senior officials of the Andhra Pradesh Government, representatives of FIEO, overseas buyers, industry associations and participating MSMEs.

The programme, being held from August 19 to 21 has brought together more than 40 overseas buyers from 25 countries and over 250 MSMEs from across Andhra Pradesh for structured one-to-one business meetings aimed at generating export enquiries, commercial partnerships and confirmed business orders.

In his address, Siva Sankara Rao, stated that MSMEs are the backbone of Andhra Pradesh’s industrial economy and play a vital role in employment generation, balanced regional development and inclusive economic growth.