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SMEXASEAN comes to aid of entrepreneurs in Cambodia

ANI  |  New Delhi [India] 

& MRAM Resources Limited has launched, a in association with (Federation of Associations of SME's in Cambodia), to act as a fuel for the economy of Cambodia, which is currently ailing due to lack of proper initiatives to link the produce with the global market.

This initiative of will be the first of its kind project which will bring in the entire ASEAN community under one umbrella and all heavyweights of the association will rub shoulders with the Small and the Medium Enterprises of the lesser known siblings in the community.

Speaking on the function to launch the, of & MRAM Resources Limited, Dr. spoke about his brainchild and reiterated the need for corporate sector and the government to initiate an object-oriented path to provide the SME sector the necessary impetus to run in step with the larger corporate giants.

"The need of the hour is to initiate a synergised approach to growth. Our objective is to bring the SMEs under one roof by providing them all the necessities to consummate activities without having to worry about the nitty-gritty of finding a buyer or seller. Our application provides them with a complete launch pad for enhancing by providing links to and an interface with consumers, NGOs, government, banks, insurance and work out the logistics. Dr. Hiranandani has also stated that SRAM has set plans to launch similar initiatives in with its portals."

was all praise for the initiatives and said that this Joint Venture will help the Cambodian SME sector to reach its rightful place vis-a-vis its ASEAN neighbours.

Infinite New India, an NGO from has shown keen interest in replicating the SMEXASEAN model to help the SME sector in Sailesh Vats, and RSS Research Scholar, praised the model adopted by SMEXASEAN and has assured all necessary support to ensure its launch and success in India.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 13 2018. 19:00 IST