Sat Jun 28 15:26:50 UTC 2025: Okay, here’s a news article summarizing the provided text:
**Andhra Pradesh MSMEs Poised for Global Expansion Following Successful International Trade Meet**
**TIRUPATI, June 28, 2025** – Micro, Small, and Medium Enterprises (MSMEs) in Andhra Pradesh are set to significantly expand their global reach following the successful conclusion of the International Reverse Buyer-Seller Meet (RBSM) in Tirupati. The three-day event, organized by the APMSME Development Corporation in collaboration with the Federation of Indian Export Organisations (FIEO), brought together over 350 MSMEs and 30 international buyers from countries including the U.S.A., U.K., Australia, G.C.C. nations, Africa, and Southeast Asia.
“We are building a future where our MSMEs export with confidence,” stated Minister for MSME, SERP and NRI Empowerment and Relations Kondapalli Srinivas, emphasizing the Andhra Pradesh government’s commitment to supporting and connecting local businesses to global markets. He also interacted with international buyers and hundreds of local entrepreneurs on the second day of the event.
The RBSM facilitated valuable interactions, leading to the signing of 101 Memorandums of Understanding (MoUs) and business agreements. Notably, 40 first-time exporters and 38 women entrepreneurs were among those securing international partnerships. These agreements are expected to create significant opportunities for MSMEs, Farmer Producer Organizations (FPOs), artisans, and weaver societies across Andhra Pradesh, enabling them to export a diverse range of products from agro-processing to engineering goods.
Entrepreneurs from Tirupati, Nellore, Kadapa, and Chittoor gained significant insights into global standards, market expectations, and quality protocols. Speakers at the valedictory session highlighted the importance of certification, sustained innovation, and proactive preparedness for seizing global trade opportunities.
APMSME Development Corporation Chairman Tammireddy Siva Sankara Rao and CEO Vishwa M. underlined the critical role of such forums in bolstering Andhra Pradesh’s presence in the global trade landscape. The event concluded with a strong sense of optimism, solidifying Andhra Pradesh’s reputation as a dynamic hub for export-ready MSMEs and paving the way for strengthened international trade partnerships.
**Summary of text:**
The article reports on the successful International Reverse Buyer-Seller Meet (RBSM) held in Tirupati, Andhra Pradesh. The event facilitated connections between local MSMEs and international buyers, resulting in numerous MoUs and business agreements. Minister Kondapalli Srinivas emphasized the government’s commitment to supporting and connecting MSMEs to global markets. The event is expected to significantly boost exports and international trade opportunities for Andhra Pradesh-based businesses.