About Building Back to Business (B3C)
In the current spread of COVID-19, Government of India initially restricted meetings, social gatherings and travel, before declaring a nation-wide lock down. Apart from essential sectors, business activity, in particular in manufacturing and productive sectors, has come to an abrupt stand still. With the prospect of gradual lifting of sanctions, businesses are expected to restart operations. This will be a challenge as markets and supply chains for goods, services and labor have been thoroughly disrupted and working capital and business confidence dented. Moreover, the global economy entered recession. In particular MSMEs are ill-equipped to getting back into business.
The United Nations Industrial Development Organization (UNIDO) is supporting the Government of India and business sector to achieve inclusive and sustainable industrial development, with a particular focus on Micro, Small and Medium Enterprises (MSMEs) in manufacturing and associated productive sectors.
UNIDO is taking the initiative to create an online knowledge and business support portal to assist MSMEs, particularly from manufacturing sector, in getting back into business. Indev joined the initiative as a technical partner of UNIDO. The portal consists of ideas and roadmap to bring business on track, business areas where one can improve themselves, webinars, resource papers, Annual reports which will be helpful for an organization to sustain in post lockdown phase.