Dun & Bradstreet Partners with NSIC to Empower Indian MSMEs

Dun & Bradstreet India has signed an MOU with the National Small Industries Corporation to bolster Indian MSMEs by enhancing their global visibility and market access. The partnership aims to address challenges such as finance access and credibility, boosting the MSMEs' role in India's economy.

Dun & Bradstreet India, a leader in business data and analytics, has inked a significant Memorandum of Understanding (MOU) with the National Small Industries Corporation (NSIC), a Mini Ratna enterprise under the Ministry of Micro, Small, and Medium Enterprises (MSMEs). The collaboration is poised to enhance the MSME ecosystem by amplifying their visibility, expanding access to worldwide markets, and providing critical insights necessary for business growth.

In a statement about the partnership, Preeta Misra, Senior Director of Dun & Bradstreet India's Credibility & Business Insights Group, highlighted the company's longstanding engagement with Indian MSMEs. She indicated the challenges these enterprises face—such as access to finance and limited global visibility—and emphasized that the collaboration with NSIC aims to provide tools and insights to enhance their export potential.

Shri Kartikeya Sinha, Director of Planning and Marketing at NSIC, emphasized the mission to empower MSMEs in competitive markets. The partnership with Dun & Bradstreet is expected to strengthen their credibility, provide access to global markets, and utilize data-driven insights for sustainable growth, facilitating India's economic advancement.

(With inputs from agencies.)