Peena Industries Association launches SME Grid

Peenya Industries Association here has launched SME Grid, an e-commerce platform for Micro, Small and Medium Enterprises (MSME).

The platform is for procuring materials on bulk purchases, effective logistics support, finance for each transaction through fintech companies or banks and accounting and statutory compliance services for MSME's. PIA APP was also launched for registering PIA members for bringing them under one network, an Association release said.

The launch synchronised with "MSME Convergence, 2017" here yesterday, a meet that involved over 200 MSME organisations and acted as a good source of networking amongst them, it said.