CII launches global e-commerce gateway for Indian businesses

The Confederation of Indian Industry (CII) today announced the launch of the CII e-marketplace, a new online business gateway for its members. The e-commerce platform will enable Indian businesses to promote their products and services, expand their boundaries and trade online, within India, across the region, and globally.

All companies, irrespective of their size, can take advantage of a free listing on the CII e-commerce gateway and be trading online the same day while the secure cloudBuy platform, which powers the CII e-marketplace, will provide sophisticated e-commerce gateway to businesses.

''We are pleased to be able to bring this e-commerce gateway to global supply chains to CII members. They are invited to list their company, products and services and trade securely online. We have made sure that the marketplace has low transaction costs and delivers fast payments direct to sellers' bank accounts. We believe the initiative is a simple way to increase visibility. It will provide Indian businesses with a new gateway to the world,'' TT Ashok, chairman, CII National SME Council, said.

The marketplace, which is powered by the secure technology platform from cloudBuy, the global e-commerce solution provider, will facilitate:

• Sale of products and services online
• Processing of inquiries, orders, invoices and payments
• Offering of a secure shopping basket and checkout process
• Receipt of payment by a variety of methods
• Uploading of an existing product catalogue
• Displaying multiple images for products and services

''We are delighted to be working in collaboration with CII in India to deliver the B2B marketplace infrastructure to enable secure e-commerce on the CII business gateway. Our cloudBuy teams in the UK and India are now focused on bringing as many organisations as possible onto the marketplace and making it simple for them to do business globally,'' Lyn Duncan, CEO of cloudBuy, said.

CII members can join the e-commerce gateway at www.ciitrade.com the CII release said.

CloudBuy provides cloud solutions for buyers and sellers and brings them together via an increasing number of public e-marketplaces and private purchasing portals around the world, powered by cloudBuy technology. The portel's solutions for buyers help B2B purchasers understand and control their spend, to reduce costs and increase value.