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 story : Vedanta offers Rs 500 per Ton discount to MSMEs on Aluminium, Zinc, Lead, Silver, Steel and Pig Iron #FinanceIndia #StockMarketNEWS Vedanta offers Rs 500 per Ton discount to MSMEs on Aluminium, Zinc,

@stockMarketNEWS Thu 01 Jul, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Vedanta offers Rs 500 per Ton discount to MSMEs on Aluminium, Zinc, Lead, Silver, Steel and Pig Iron #FinanceIndia #StockMarketNEWS
Vedanta offers Rs 500 per Ton discount to MSMEs on Aluminium, Zinc, Lead, Silver, Steel and Pig Iron New Delhi, Jun 29 (KNN) Vedanta Limited, India’s leading producer of metals and oil & gas, has rolled out an attractive promotional scheme for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week.

According to a statement, under the company’s Vedanta Saathi programme, MSMEs can avail a discount of Rs 500 per tonne on the first 500 tonnes of purchase in Aluminium, Zinc, Lead, Silver, Steel and Pig Iron, on first come first served basis. The scheme will be live for this week, ending on July 3rd, 2021.

For eligibility, MSMEs must have manufacturing operations in the metals business, with an actual manufacturing setup and must possess Udyog Aadhaar Number (UAN) and Registration Certificate.

To avail the scheme and get full details, interested MSMEs can register on the Vedanta Saathi website (www. vedantasaathi. com) and send an enquiry to saathi@vedanta. co. in, following which Vedanta’s sales teams will reach out to them, the statement added.

With a significant MSME customer and supplier base, Vedanta has been fostering the MSME ecosystem for over two decades through its expansive value-chain, supply-chain, and social-developmental programmes. Under Vedanta Saathi programme, the company offers various schemes, incentives, and opportunities for MSMEs, such as: Channel financing at attractive rates and fast disbursement, in partnership with a host of leading banks, NBFCs and FinTech firms; Soon to be launched e-commerce solutions for an agile, easy, and transparent way of buying from Vedanta’s entire bouquet of high-quality value-added products, with  doorstep delivery through micro-logistics partners; Avenues for technical upskilling with access to the company’s wide community of research institutes, industry associations, in house and external global experts; Opportunities for MSMEs to set up downstream/ancillary manufacturing units near Vedanta’s plants, with benefits like just-in-time delivery of raw material (hot metal supplies), low working capital and capex involvement; Single window for MSMEs to interact with Vedanta’s Quality, Product Application, Engineering, and Innovation teams through a dedicated web portal

Speaking about Vedanta Saathi, Ajay Kapur, CEO – Aluminium & Power and MD – Commercial, Vedanta Ltd. , said, “Post pandemic, we have been seeing significant restructuring in the global supply chain, as companies look to diversify their supply and service networks. This offers our MSMEs a huge opportunity to tap into the new markets with access to new-age technologies, opportunities to upskill, and quality raw materials.


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