Collector Anshul Mishra inaugurated a three-day ‘Buyer-Seller Meet,’ organised jointly by the Madurai District Tiny and Small Scale Industries Association (Maditssia), Micro, Small and Medium Enterprises (MSMEs) Development Institute and Tamil Nadu Industrial Development Corporation, here on Wednesday.

The meet is aimed at bringing under one roof corporate companies, including public sector enterprises, interested in purchasing materials from small-scale industries and the MSMEs that want to sell products to big business entities.

Maditssia president V.S.Manimaran said such a meet would be of great help to both the buyers and sellers, especially at a time when the Centre had made it mandatory for public sector units to procure at least 20 per cent of their requirements from the MSMEs.

He said the meet was being organised for the fourth year in a row as the earlier meets were a runaway success. The association now had taken the initiative to establish an engineering cluster on 52 acres of land at Melur near here.

J.Ashok, chairman of the Buyer-Seller Meet, said 40 buyers and 22 sellers had put up stalls at Maditssia Hall for the meet. The buyers included public sector enterprises such as Bharat Sanchar Nigam Limited, Department of Posts, V.O.C. Port Trust and Tamil Nadu Generation and Distribution Corporation.