Vedanta rolls out lucrative scheme for MSMEs under 鈥楽aathi鈥� programme
Vedanta, India鈥檚 leading producer of metals and oil and gas, has rolled out an attractive promotional scheme for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week. Under the company鈥檚 Vedanta Saathi programme, MSMEs can avail a discount of Rs 500 per tonne on the first 500 tonne of purchase in Aluminium, Zinc, Lead, Silver, Steel and Pig Iron, on first come first served basis. The scheme will be live for this week, ending on 3rd July, 2021.

For eligibility, MSMEs must have manufacturing operations in the metals business, with an actual manufacturing setup and must possess Udyog Aadhaar Number (UAN) and Registration Certificate. To avail the scheme and get full details, interested MSMEs can register on the Vedanta Saathi website (www.vedantasaathi.com) and send an enquiry to saathi@vedanta.co.in, following which Vedanta鈥檚 sales teams will reach out to them.

With a significant MSME customer and supplier base, Vedanta has been fostering the MSME ecosystem for over two decades through its expansive value-chain, supply-chain, and social-developmental programmes. Under Vedanta Saathi programme, the company offers various schemes, incentives, and opportunities for MSMEs, such as:

  • Channel financing at attractive rates and fast disbursement, in partnership with a host of leading banks, NBFCs and FinTech firms
  • Soon to be launched e-commerce solutions for an agile, easy, and transparent way of buying from Vedanta鈥檚 entire bouquet of high-quality value-added products, with doorstep delivery through micro-logistics partners
  • Avenues for technical upskilling with access to the company鈥檚 wide community of research institutes, industry associations, in house and external global experts
  • Opportunities for MSMEs to set up downstream/ancillary manufacturing units near Vedanta鈥檚 plants, with benefits like just-in-time delivery of raw material (hot metal supplies), low working capital and capex involvement
  • Single window for MSMEs to interact with Vedanta鈥檚 Quality, Product Application, Engineering, and Innovation teams through a dedicated web portal

    • Speaking about Vedanta Saathi, Ajay Kapur, CEO 鈥� Aluminium & Power and MD 鈥� Commercial, Vedanta Ltd., said, 鈥淧ost pandemic, we have been seeing significant restructuring in the global supply chain, as companies look to diversify their supply and service networks. This offers our MSMEs a huge opportunity to tap into the new markets with access to new-age technologies, opportunities to upskill, and quality raw materials. Besides getting integrated into these global supply chains, it will also improve MSME鈥檚 share of contribution to GDP which stands at only 7 per cent now. Under Vedanta Saathi we have developed various initiatives that can help MSMEs accelerate this growth journey.鈥�

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