RINL holds first-ever National Vendor Interaction Program

Over 200 vendors from various parts of the country have actively participated in RINL's National Vendor Interaction Program
RINL holds first-ever National Vendor Interaction Program
RINL holds first-ever National Vendor Interaction Program

New Delhi: RINL-Visakhapatnam Steel Plant (VSP) organised the first-ever "National Vendor Interaction Program-2023" (RINL NVIP-2023) at Multipurpose hall of Ukku club in Ukkunagaram township of Visakhapatnam steel plant, on Saturday.

The program was inaugurated with the traditional lighting of the lamp by RINL CMD Atul Bhatt along with Director (Finance) VV Venugopal Rao, Director (Commercial) DK Mohanty, Director (Projects) AK Bagchi and other officials.

The interaction program which was organised for the 1st time by RINL has provided a useful forum for the Sellers to interact with RINL Management. Over 200 vendors from various parts of the country have actively participated in the program.

Addressing the vendors, Bhatt said that such vendor interactive programs would enable growth of both suppliers and RINL. He emphasized the need for strengthening the partnership between RINL and the vendors. "RINL and vendors have a symbiotic relationship as the fortunes of both are interlinked," Bhatt added. He expressed that the indigenisation of import spares is an immediate available opportunity for the vendors. Several measures taken by RINL towards indigenisation has resulted in significant savings to RINL, Bhatt said.

Bhatt complimented the material management department of RINL for taking the initiative in organising the National Vendor Interaction program.

Addressing the vendors, Mohanty suggested the vendors to quote reasonably and stick to delivery schedules. "RINL is strictly following Govt of India guidelines on 'Make in India' and 'Atma Nirbhar Bharat' in the tendering process, Mohanty said. "RINL has been encouraging as many vendors as possible to get themselves registered and the vendor registration is totally online through RINL's website, Mohanty said.

In his address, GVR Naidu, Additional Director-in-charge, MSME- DFO, Visakhapatnam thanked the Management of RINL for its measures in encouraging and supporting the MSEs, especially local MSEs.

RINL's GM (Materials Management) KVA Murali Babu in his welcome address highlighted the various benefits being extended to the MSEs, especially local MSEs. RINL has 3845 registered vendors of which 1863 including 21 women MSEs and 10 SC/ST MSEs. Out of 402 MSEs located in Andhra Pradesh, there are 228 registered local MSEs situated in and around Visakhapatnam Steel Plant.

In a presentation made by DGM (MM) P Vinodh outlined the opportunities open to MSE entrepreneurs and the efforts being made by RINL to empanel the SC/ST and women owned MSEs.

In their presentations to the vendors, Officials of Government e-Marketplace (GeM), explained in detail about the process of registering in GeM and the advantages of improving business through GeM for both buyers and sellers.

National Small Industries Corporation (NSIC) and MSME officials in their presentation explained in detail about various Schemes and Programs offered towards Integrated Support to MSMEs.

RINL CMD along with Directors and GVR Naidu interacted with the vendors and addressed their concerns and thanked them for their suggestions in further strengthening the relations between RINL and vendors.

Bhatt and other dignitaries presented mementos to best-performing vendors on the occasion. While VV Somaraju proposed the vote of thanks.

Several senior officials from Works Division, Purchase, Stores, Marketing, officials from various Government and non-government institutions such as GeM, MSME Facilitation office, National Small Industries Corporation (NSIC), District Industries Centre (DIC), Visakha Autonagar Small Scale Industrialists' Welfare Association (VASSIWA), Dalit Indian Chamber of Commerce & Industry (DICCI) etc., also participated actively in the program.

Disclaimer: This story is a press release and is being published without any editing by the PSU Watch desk. Our editorial team has only changed the headline.

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