The Confederation of Indian Industry (CII) has tied up with cloudBuy, a global provider of cloud-based e-commerce solutions, to launch a business-to-business e-commerce trading platform CIItrade.in.

The online platform will bring together business-to-business buyers and sellers on a common platform to trade domestically in India and globally.

CIItrade.in is now in the process of registering suppliers wishing to trade in India and internationally.

Product categories currently represented on the platform include manufacturing, services, engineering, healthcare, energy and water, technology, tourism and hospitality, transport, agriculture, trading and finance.

Nilesh Gopali, India Head, cloudBuy, said the new CII gateway will not only accelerate trade within India and globally, but will also drive a sea change in the way business will be transacted.

The platform will also increase the possibilities for online B2B business, offering the option for both offline and online payments, and will create new opportunities for organisations of all sizes, he added.

Sujith Haridas, Deputy Director General, CII, said the online platform will enable secure e-commerce for organisations of all sizes and has the potential to substantially increase trade between CII members and global buyers.

Source: Business Standard