rivexa, the cross-border B2B platform of mjunction Services Limited, has signed an MoU with the EEPC on January 8th, 2024. This is a major alliance from the perspective of exporters in India, as it is likely to provide them with valuable tools and insights to reach global buyers with greater efficiency.
This collaboration is particularly vital for Indian manufacturers and exporters. It offers them practical tools and insights that should help them connect with international buyers more effectively. The MoU was officially signed between Mr. Aninda Chatterjee, who was serving as the CFO of mjunction at the time, and Mr. Suranjan Gupta, Executive Director of EEPC India, in Kolkata.
Scope and benefits of the MoU for Indian manufacturers
The collaboration brings together rivexa’s digital marketplace expertise and the trade promotion capabilities of the EEPC to:
- Identify potential products and overseas markets
- Organize trade promotion events, buyer-seller meets, and workshops
- Facilitate knowledge sharing and best practices
- Enhance quality and compliance standards for Indian exports
Speaking on the collaboration, mjunction MD Mr. Vinaya Varma said, “We look forward to this MoU and taking advantage of EEPC’s reach as we pursue our commitment to promoting the ‘Made in India’ label on the global stage. I believe that rivexa and EEPC together can make a significant difference to both the volume and quality of Indian exports.”
Mr. Suranjan Gupta, the Executive Director of EEPC, added, “The MoU is a culmination of our mutual interest towards reaching our national goal of $300 billion of Engineering Exports by 2030.”
“The new partnership will help up in curating major projects that will enable our members, particularly the MSME members, to bridge alliances and networks with their global counterparts.”
rivexa’s capabilities
Launched in October 2023, rivexa facilitates seamless B2B transactions between verified Indian manufacturers and international buyers. Buyers can source a wide range of products through rivexa, including:
Industrial goods
Custom-engineered and drawing-based CNC machined parts, OEM aftermarket and replacement parts, annual MRO requirements (bearings, belts, filters, valves, rollers, switches, connectors), and diverse OPEX and CAPEX procurements including pumps, piping systems, extruded products, steel plant equipment, and auto components etc.
Fashion & home textiles
Apparel, leather goods, bags, accessories, uniforms, footwear, home textiles, sleep and innerwear
Value-added services
Supplier financing, cross-border logistics, quality assurance, design advisory and export advisory
This partnership is set to help Indian manufacturers and exporters gain a higher global footprint. It will also boost compliance and quality standards, thereby opening fresh opportunities across the fashion and industrial markets.
Leave a Reply