New Delhi – In a resounding endorsement of India’s burgeoning manufacturing prowess, the maiden National Buyer-Seller Meet concluded with a landmark 50 MoUs signed, collectively valued at over ₹5,000 crore. The event is being hailed as a significant shot in the arm for the ‘Make in India‘ and ‘Aatmanirbhar Bharat’ (Self-Reliant India) initiatives.
A Strategic Platform for Domestic Growth
Organised jointly by the Confederation of Indian Industry (CII) and the Department for Promotion of Industry and Internal Trade (DPIIT), the two-day meet at Pragati Maidan was conceptualised as a dynamic platform to bridge the gap between domestic manufacturers and large-scale buyers, including public sector undertakings (PSUs) and multinational corporations.
The primary objective was to reduce import dependence by showcasing high-quality, cost-competitive Indian alternatives. Many buyers, previously reliant on international suppliers, were visibly impressed by the innovation and quality on display from over 200 Indian sellers.
Translating Vision into Tangible Business
The most significant of the 50 MoUs were inked in high-growth areas such as engineering goods, electronics, pharmaceuticals, textiles, and renewable energy components.
Speaking on the event’s success, Mr. Rajesh Kumar Singh, Secretary of DPIIT, expressed his elation. “This is not just about the numbers; it’s about the connections forged today. This meet has translated the vision of a robust domestic supply chain into tangible business. Seeing an MSME from Coimbatore directly engage and sign a deal with a major European conglomerate is the very essence of Aatmanirbhar Bharat.”
Mr. Arjun Malhotra, President of CII, highlighted the strategic importance of the platform. “We have created a marketplace of opportunity. The 50 MoUs signed are just the beginning; we anticipate a ripple effect that will generate business and employment for months to come.”
Success Stories from the Ground Floor
The true impact of the buyer-seller meet was evident on the exhibition floor. Anjali Sharma, founder of a Jaipur-based firm manufacturing specialised solar panel components, was beaming after signing an MoU with a leading public sector energy company.
“For a company of our size, getting a foot in the door with a PSU is a monumental challenge,” she said. “This platform levelled the playing field. We came here with hope and are leaving with a multi-crore deal that will allow us to double our production capacity.”
As the ink dries on these 50 agreements, the message is clear: This maiden buyer-seller meet has done more than just generate business; it has ignited confidence and taken a decisive step towards making the ‘Make in India‘ dream a ground reality. Organisers have already confirmed plans are underway for a larger second edition next year.
