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Summary:

Puducherry hosted its first International Reverse Buyer Seller Meet (RBSM), resulting in 50 Memoranda of Understanding (MoUs) worth over ₹ 15 crore with buyers from 16 foreign countries. The event, organized by PIPDIC and FIEO under the RAMP scheme, aims to boost export opportunities for local MSMEs in sectors like textiles, food processing, and pharmaceuticals. Over 320 MSMEs participated in the two-day event, gaining access to international markets and insights into exporting procedures. The initiative hopes to establish Puducherry as a key export hub for MSMEs.

News Article:

Puducherry MSMEs Secure ₹15 Crore in Deals at First International Buyer-Seller Meet

PUDUCHERRY, November 3, 2025 – Puducherry’s Micro, Small, and Medium Enterprises (MSMEs) are poised for international growth following the successful conclusion of the first-ever International Reverse Buyer Seller Meet (RBSM) held in the region. The two-day event, organized by the Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC) in partnership with the Federation of Indian Export Organisations (FIEO) under the Raising and Accelerating MSME Performance (RAMP) scheme, resulted in the signing of 50 Memoranda of Understanding (MoUs) with a total value exceeding ₹15 crore.

Buyers from 16 countries, including the United Kingdom, Australia, Singapore, Canada, South Africa, and the UAE, attended the event, engaging in over 500 one-on-one meetings with more than 320 participating MSMEs from Puducherry. The deals secured open up significant export opportunities for local businesses in sectors such as textiles, food processing, cosmetics, pharmaceuticals, and engineering goods.

“This RBSM underscores Puducherry’s emergence as a hub for MSME-led exports,” stated a PIPDIC press release. “It offers local entrepreneurs a robust platform to connect with international markets and drive sustainable growth.”

The event also included technical sessions on exporting procedures and international market requirements, empowering entrepreneurs to explore and secure export opportunities. Jenitha, a women entrepreneur and proprietor of Shekinah Shines, hailed the event as “highly beneficial,” stating that it provided clear pathways to connect with international buyers, leading to a signed MoU with a company from Mauritius to export herbal products.

Organizers hope that the RBSM will not only create new market opportunities for Puducherry MSMEs but also enhance the volume and value of regional exports, utilizing the port logistics in Puducherry and Karaikal. The event marks a significant step in boosting Puducherry’s economic growth through MSME empowerment.

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