On Wednesday, Industries Minister P. Rajeeve unveiled an online marketplace for the promotion of goods from textile divisions under the Industries Department. The program, which is a component of the State government’s larger plan, attempts to make public sector organisations more profitable and competitive.
Rajeeve noted that the Government’s vision is to ensure that public sector undertakings (PSUs) adapt to changing needs and remain sustainable. He highlighted that 21 PSUs had reported profits this year, reflecting the impact of reforms and the introduction of products aligned with contemporary market demands.
With technical assistance from C-DIT, the Board for Public Sector Transformation (BPT) created the new platform, www.bpt.cditproject.org. It will make it possible for textile companies to use e-auction and e-bidding to market and sell goods.
A variety of value-added items created by public sector initiatives were unveiled as part of the launch event. Among these were products from Hanveev, Kerala State Coir Machinery Corporation, Foam Mattings Ltd, Kerala State Coir Corporation, Handicrafts Development Corporation, CAPEX, Keltron, and Keltron Component Complex.
MLA V.K. Prasanth presided over the event. BPT Executive Chairman Ajithkumar K., BPT Secretary Member Satishkumar P., Officer on Special Duty Annie Jula Thomas, Principal Secretary of the Industries and Commerce Department A.P.M. Mohammed Hanish, and representatives and business partners from the Industries Department, BPT, and public sector companies were also in attendance.
