GlobalLinker, a digitization platform for SMEs, today signed an MoU with Thailand India Business Council (TIBC). As part of the MoU, a customized GlobalLinker platform called ‘Thailand India GlobalLinker will be created, to facilitate digital business networking between SMEs from India and Thailand as well as connect SMEs to all the GlobalLinker members across Asia.
A new corridor between India and Thailand will be created to connect SMEs, to enable them to strike new trade deals. It is estimated that this initiative will bring over 40,000 SMEs from Thailand & India onto the GlobalLinker platform.
The MoU was signed by Mr. Prashant Shetty, COO of GlobalLinker and Ms. Khun Prim Jitcharoongphorn , Chairperson of Thailand India Business Council, in the presence of the Deputy Prime Minister of Thailand and Minister of Commerce in Thailand H.E. Mr. Jurin Laksanawisit at a networking event aimed at boosting Indo-Thai trade connections.
Mr. Sameer Vakil, Co-founder and CEO, GlobalLinker said: ‘A recent report indicated that two way trade last year between India and Thailand totalled USD 12.46 billion. These figures demonstrate the significance of the relationship between India and Thailand and the mutually beneficial trade relationship both countries share. We are so pleased to sign this MoU with TIBC, in a bid to help further boost both trade and networking opportunities between SMEs in both countries. We already have a long-standing relationship with Siam Commercial Bank since 2017 and this is yet another step in the right direction to bolster our presence in Thailand.’’
GlobalLinker focuses on helping SMEs get digitized as well as connecting them with each other so that they can enjoy unhindered networking powered by an algorithm based ‘match-making’. SMEs on the platform also benefit from unparalleled economies of scale through collective purchasing power and superior access to business knowledge and skills. Currently, GlobalLinker hosts over 2,60,000 SMEs on the platform.