Govt of AP signs MOU with SourseRFX, an Industrial sourcing Online platform for SMEs

Hyderabad, May 12, 2017...,SourceRFX entered an MoU with the Govt. of Andhra Pradesh in California in USA to collaborate in creating an online network of small and medium manufacturing industries. To encourage industries to adopt online platforms to discover, connect with each other and collaborate to make business deals electronically, SourceRFX would build and operate an industrial portal in addition to providing dynamic websites for 1000 small & medium industries.

SourceRFX,facilitateS creation of Open Business Networks to enable Small & MediumEnterprises (SME) to better connect, collaborate and communicate with biggercorporations and global supply chain enabling mutual growth.The MoU was signed in the presence of Chandrababu Naidu, Chief Minister of AP,JA Chowdary, IT Advisor, Govt of AP by Mr Soloman Raj, Secretary, Dept ofIndustries and Mr Krishna Mattaparthi, Founder &CEO, SourseRFX.The portal would enable collaboration and information exchange across variousindustrial estates/associations and their members towards building dynamiconline industrial communities instead of static websites.The vision, as elicited by SourceRFX founder is to connect progressive small& medium manufacturers and service providers to larger corporations,government contracts with the ultimate goal of connecting with the globalsupply chain. He expressed that the Government should step-in and supportnascent B2B digitization and in forming regional B2B manufacturing supply chainnetworks as part of Make-in-India initiative through Public Private Partnershipmodel.The MoU enables small & medium industries to join the SourceRFX OpenBusiness Network (www.sourcerfx.com)for free.For any further information, pl contact Mr Krishna Mattaparthi, Founder &CEO.Email:  Krishna Mohan kmattaparti@gmail.com


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