Social media giant Facebook, which has over two million Indian small and medium businesses (SMBs) on its platform, has set up a SME Council to h#elp small ventures from various industries share feedback and discuss ideas around leveraging technology to grow their enterprise.

This is the second SME Council set up by Facebook globally, the first one being in the U.S. Over 45 million small businesses actively use Facebook Pages to connect to their consumers.

“Small businesses are the backbone of India’s economy. From kirana stores to restaurants and online clothing sites, these businesses drive economic growth, create new jobs and enrich the lives of people across the country,” Facebook India Managing Director Kirthiga Reddy told PTI.

In a post, Facebook COO Sheryl Sandberg said: “There’s nothing small about small business, especially in India, one of the world’s most important economies. Small and medium enterprises drive 40 per cent of India’s exports.”

A group of leaders from different industries will meet Facebook team and help understand how the social media company can better serve the businesses that are creating jobs and opportunities for the people across India, she added. “To help businesses better connect with the people they care about, we are excited to announce the first SME India Council in Asia-Pacific. The new council is a group of small business from various industries and geographies in India,” Reddy said.

The group will meet throughout the year to share feedback, discuss new ideas and work with Facebook to build better ads solutions.

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