New Delhi – July 1, 2021: Federation of Indian Export Organisations (FIEO) has signed a Memorandum of Understanding (MoU) with Aramex India to support Micro, Small and Medium Enterprise (MSME) exporters in India.
As part of the MoU, Aramex will provide preferential pricing to FIEO members, as well as access to online services for cross-border express shipments. Members can access these services including creating pickup requests, preparing shipments, and making online payments through a dedicated Aramex banner on the FIEO website. In addition, Aramex will provide helpdesk support to first-time exporters and MSMEs on customs regulations in the Middle East, Africa and Asia, as well as the required paperwork for shipping.
“As the Indian e-commerce market is expected to grow to US $200 billion by 2026 and has transformed the way business is done in India”, said Director General & CEO, FIEO, Dr Ajay Sahai. “The MoU will further help FIEO to reach the cottage industries, artisans, house-wives, youths, MSMEs and clusters, even in far-flung areas to develop their orientation towards exports”. He also added that FIEO members will get a flat 30% discount on routing service tariffs for express cross-border shipments which will encourage them to start e-commerce exports in a cost-competitive way.
On the other hand, Aramex recognizes the critical role of small businesses in driving socio-economic growth. “The partnership with FIEO is part of our commitment to help Indian MSMEs capture global market opportunities by providing access to cost-efficient, seamless and reliable logistics solutions”, said Percy Avari, General Manager of Aramex India.