FIEO, Shiprocket to provide e-commerce export solutions to MSMEs

Federation of Indian Export Organisations (FIEO) signed Memorandum of Understanding (MoU) with Shiprocket, the e-commerce enablement platform owned by Bigfoot Retail Solutions to support micro, small and medium enterprise (MSME) exporters in India showcasing their products on the Indian Business Portal.

FIEO member exporters will be able to choose premium economy & express options under the Shiprocket panel.

"In addition to this, for the prompt resolution of the enquiries and service issues of the FIEO members, a dedicated helpdesk is established. To avail of these benefits, the exporter shall submit the details by clicking on the Shiprocket banner hosted on the homepage of the business portal. A flat 15% discount can be availed on international shipment tariff by FIEO members and SMEs registered on Indian Business Portal (IBP) to start e-commerce exports in a cost-competitive way," reads the release.

Shiprocket has already integrated with Amazon, Shopify and many more, allowing IBP sellers and FIEO members to ship products sold on various marketplaces easily through their B2C orders to more than 220+ countries.

Dr Ajay Sahai, director general and CEO of FIEO, said "Our goal is to assist small-scale entrepreneurs, startups, and MSMEs, even in remote areas of India so that we can capitalize on the enormous potential of e-commerce retail exports and appropriately reward these small-scale sellers and merchants with global shipping. I invite exporters to showcase their products on the Indian Business Portal and take advantage of this exclusive partnership with Shiprocket to ship effectively and efficiently to the global market." He further added, "This partnership would assist MSMEs in capitalizing on global market opportunities by providing access to cost-effective, seamless and trustable logistics solutions."

Akshay Ghulati, co-founder, Shiprocket said, "We are delighted to partner with FIEO as the global shipping logistics provider to enable IBP sellers and their members to ship products outside India and strengthen the Indian exports industry. With an increase in digitization in India, sellers from tier 2 & 3 cities are emerging and they need logistics support. Shiprocket is committed to creating a tech-friendly and inclusive ecosystem for them to ease their business and help them to expand their reach in global markets."

Shiprocket will also offer logistics-related services as a value add to Indian Business Portal (IBP) store holders and FIEO members which will include domestic shipping, warehousing management services, fulfillment services, and marketing tools under one single Shiprocket umbrella.