A vibrant business meet connecting Self Help Groups with prospective buyers concluded on a high note as Memorandums of Understanding worth Rs 13.73 crore were signed. The event highlighted the growing economic strength of grassroots enterprises and the increasing confidence of institutional customers in community driven production models.
Self Help Groups have become a powerful engine of financial inclusion and women led entrepreneurship across India. By pooling resources, accessing micro credit, and operating collectively, these groups have built sustainable ventures in sectors such as food processing, tailoring, handicrafts, agriculture products, and small scale manufacturing. The business meet provided a direct platform for SHG members to showcase their products, negotiate contracts, and expand their market reach.
The MoUs signed during the event are expected to translate into substantial transactions over the coming months. Buyers included private companies, cooperatives, and institutional purchasers seeking reliable suppliers with consistent quality standards. For SHG members, these agreements represent more than just revenue figures. They signal stability, recurring demand, and long term commercial relationships that can strengthen livelihoods at the community level.
Officials present at the meet emphasized the importance of building sustainable market linkages rather than relying solely on grants or subsidies. Direct engagement between producers and customers reduces dependency on intermediaries and ensures better profit margins for SHG members. It also encourages improvements in packaging, branding, and quality control to meet evolving consumer expectations.
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