(By Riddhi Mukherjee & Vikas SN) National Small Industries Corporation (NSIC) has launched a B2C e-commerce portal called msmeshopping.com, that aims to help Micro Small and Medium Enterprises (MSMEs) in the country sell their products online. The site is being positioned as a low-cost marketing platform for MSMEs and will enable them to sell retail products as well as industrial equipment and machineries. NSIC CMD HP Kumar mentions that they will also provide necessary facilities to prospective entrepreneurs and startups to learn processes in technology development, business development and online product purchase among others. At the time of writing this article, the site offers products across various categories like Computer and Peripherals, Mobile and Tablets, Home & Decor, Sports, Fashion & Apparel, Health & Beauty, Stationery & Books among others. It claims to currently have 110 suppliers who have listed more than 1,000 products on the site. Kumar mentions that they are expecting to add 3,000-5,000 suppliers over the next one year. Signing up & Pricing Sellers can register on the site by filling up an online form with requisite details like name, email address, company name and postal address among others and paying an annual fee of Rs 5,000 + taxes (Rs 5,618 at the moment) either by online modes like credit cards, debit cards, netbanking or offline mode like demand draft or cheque. Alternatively, sellers can also download the registration form & supplier agreement and submit them to the nearest NSIC branch. It's worth noting that sellers need to have a retail outlet and should be selling with active inventory to…
