Chinese e-commerce major Alibaba is targeting the small and medium scale space in the Indian business to business (B2B) segment. Beside powering start-ups and a likely partnership with the government for its signature projects such as Make In India and Digital India.
To make it more relevant for India and take on competition, a Hindi portal is also being planned by the group for its B2B business. “This will make it more convenient for SMEs to get on board with Alibaba. We have a team of Indian tech support (at its headquarters in Hangzhou, China), working for making the Hindi version of the website. It (portal)will start in the next couple of months,” said Leung.
The company on Monday also announced the launch of an online platform, SMILE (Small and Medium Industries Leveraging Export), at the CII Global SME Business Summit 2015. SMILE aims to provide Indian SMEs access to global business trading counterparts. Plus one-stop trading solutions — financing, domestic and cross-border logistics, inspections and certifications, technology and SME trade-linked education.