As business goes through a risk at every point in time, it is must to have an expert opinion to mitigate such situations. Throwing light on the same issue, The Buying Agent Association (BAA) recently organized a summit on ‘Risk Management’ in Delhi in which nearly 150 buying agents from across major cities of India got expert opinion on various kinds of risks.
BAA is a think tank of buying agents across industries like handicrafts, apparel, leather industry.
Experts from various segments like cyber security, product integrity, logistics, foreign exchange, insurance, export credit shared their expertise as to how buying agents could minimize the risk and grow in business.
R Radhakrishnan, Chairman Clearship; Swati Dakalia, Senior President, Yes Bank; Aman Dhall, Head Corporate Communication, Policy Bazaar; Sristiraj Ambastha, ECGC; Dr. MVS Rao, VP Southeast Asia, Modern Testing Services, among others, shared their views on the topic.
Following the discussions, it turned out that buying agents were eagerly looking for solutions for risks.
Nearly 150 buying agents from across major cities of India participated at the summit.
In the beginning of the summit, Sangeeta Godbole, DG, Service Export Promotion Council (SEPC) assured buying agents that SEPC was working to finalize a system where service of buying agents can be exempted from GST. In the closing session, Udit Raj, Member of Parliament also assured the same and appreciated the hard work of buying agents to bring business from overseas markets.
Christine Rai Chairperson, BAA shared how the association was aggressively working for the growth of buying agent fraternity while Anchal Kansal, General Secretary offered vote of thanks.
OP Prahladka, Chairman and Rakesh Kumar, ED, Export Promotion Council for Handicrafts (EPCH) and more than a hundred buying agents and representative of various trade bodies were also present on this occasion.
Watch the space for speakers’ suggestions on risk management in detail.
