International RBSM concludes with 88 MoUs in Visakhapatnam
International RBSM concludes with 88 MoUs in Visakhapatnam Published - August 22, 2026 01: 27 am IST.
International RBSM concludes with 88 MoUs in Visakhapatnam Published – August 22, 2026 01: 27 am IST.
Article outline
- What happened
- The details
- The bottom line
Key points
- Held from August 19 to 21, the meet brought together more than 40 overseas buyers from 25 countries and over 250 MSMEs from throughout Andhra Pradesh for one-to-one business meetings.
- Chairman, AP MSME Development Corporation, Tammi Reddy Siva Sankara Rao, and Joint Director General, FIEO, K.
- The participating enterprises represented sectors including agricultural and processed food products, spices, rice, marine products, textiles, chemicals, and engineering products.
Meanwhile, the three-day International Reverse Buyer-Seller Meet (RBSM) organised by the Andhra Pradesh MSME Development Corporation (AP MSMEDC) and the Federation of Indian Export Organisations (FIEO) under the Raising and Accelerating MSME Performance (RAMP) Scheme concluded in Visakhapatnam on Friday with 88 Memoranda of Understanding (MoUs) signed between overseas buyers and participating MSMEs.
Held from August 19 to 21, the meet brought together more than 40 overseas buyers from 25 countries and over 250 MSMEs from throughout Andhra Pradesh for one-to-one business meetings. A number of other business discussions remain at various stages of negotiation and are subject to product evaluation, sample approval, and further commercial follow-up.
Chairman, AP MSME Development Corporation, Tammi Reddy Siva Sankara Rao, and Joint Director General, FIEO, K. Unnikrishnan, addressed the valedictory session. While MSMEs received feedback on pricing, quality, certification, packaging, and delivery requirements, overseas buyers expressed interest in continuing discussions with shortlisted suppliers.
Meanwhile, the participating enterprises represented sectors including agricultural and processed food products, spices, rice, marine products, textiles, chemicals, and engineering products.
Taken together, the developments around international RBSM concludes with 88 MoUs in Visakhapatnam point to a situation that is still moving, and the coming days should bring more clarity.
