Officials from India’s Ministry of Commerce visited the headquarters of the Cacashop Group, instigating a drive to propel Indian manufacturing onto the global stage.
On May 2, 2023, under the aegis of the Indian Ministry of Commerce, a delegation comprising industry and brand representatives journeyed to Cacashop to uncover insights into the management and development practices within the cross-border e-commerce sector. The exploration aimed at enhancing the competitiveness of Indian businesses, transitioning local employment and investment patterns, and identifying potential collaboration opportunities.
Throughout the tour, Cacashop’s CEO personally escorted the delegation, offering them an in-depth look at the company’s warehousing and operational hubs. Subsequently, the CEO elucidated on the company’s profile, growth trajectory, service incubation systems, and international collaborations. Following a comprehensive presentation on the company’s core businesses via a multi-screen auditorium, he addressed the questions raised by the Indian representatives with meticulous responses.
Cacashop underscored the significance they attach to the Indian market, extending diverse forms of support to Indian manufacturing businesses and certified Indian sellers on the platform. The company showcased an array of enticing services and initiatives designed to propel the development and advancement of these businesses.
Indian Ministry of Commerce officials expressed a vision of enhancing production capacity through proactive engagement in the cross-border e-commerce sector. They aspire to take more Indian products to international markets, anticipating the creation of millions of jobs and enabling the world to benefit from ‘Made in India’, thereby bolstering India’s global influence.
The officials displayed particular interest in Cacashop’s cross-border e-commerce business in the new retail sector, giving full recognition to their innovative retail model built on cutting-edge technologies such as artificial intelligence, cloud computing, big data, and the Internet of Things. Cacashop’s digital smart development blueprint, they believe, will provide a valuable reference for the digital transformation of thousands of local industries, paving the way for high-quality development.
“We’re delighted to visit Cacashop, a highly esteemed and closely watched cross-border e-commerce platform, known for its energy and dynamism,” noted the official. “We’re confident that we can draw plenty of useful insights from this thriving company in our future industrial development initiatives.”
After the onsite visit and engaging discussions, Cacashop’s supply logistics, personalized services, and development philosophies received high praise from the visiting officials. They expressed a hope for more intensive exchanges and practical applications in terms of resource and achievement sharing. Seizing this opportunity, both parties anticipate initiating multifaceted collaborations, with India extending more preferential policies to Cacashop.
“As a country teeming with a vast population and brimming with innovation, India embodies infinite possibilities,” remarked Cacashop’s CEO. “The ‘Made in India’ initiative is pivotal to Cacashop’s global strategic layout. We plan to increase our investment, optimize our layout, and collaborate with Indian partners to enhance the stability of supply chains, stimulate manufacturing research and development, and reinforce retail businesses. By doing so, we aim to expose more of India to the world. Our three-year projection includes authorizing over 200,000 certified individual sellers in India, thereby generating sustainable income for more Indian citizens, creating additional employment opportunities, and achieving mutually beneficial development.”
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