Global Factoring Summit
05 May, 2017
Hotel - Four Seasons, Mumbai, India
The Factoring has grown up both in experience and expertise of products and services; however, it is considered to be at a nascent stage in India. Its quantitative growth in terms of number of service providers and total factoring turnover is relatively limited as compared to various other economies.
With the enactment of The Factoring Regulation Act, 2011, the legal framework of India for factoring has evolved into a more comprehensive regime and factoring companies have stretched their scope in the lines of businesses covered i.e. from traditionally operated notification arrangements to advanced options into diversified business segments. The outsourced credit function extends the small firms effectively addressable marketplace and insulates it from the survival-threatening destructive impact of a bankruptcy or financial difficulty of a customer.
Its growth future depends on spreading the awareness about legal, regulatory, and fiscal framework and on the removal of operational obstacles (if any) at the level of service providers or receivers in the untapped larger market with high potential for factoring business in India.
Therefore, with a view to support and promote the sound and ethical factoring business practices, creating a holistic environment with plenty of opportunities for factoring companies and service receivers, both to the existing ones and new entrants, and also exposing and exploring the learning and experiences of India's and international stakeholders, the ASSOCHAM
along with Factors Chain International
is organizing the Global Factoring Summit
on Friday, 05th May, 2017
- Delegate Fees: Rs. 2000/- per delegate
For more details please contact:
Mr. Santosh Parashar, Joint Director E-mail: email@example.com
Mr. Abhishek Saxena E-mail: firstname.lastname@example.org M# +91-9971972244, +11-46550547
Mr. Rakesh Shukla E-mail: email@example.com M# +91- 9871600922, +11-46550540
Mr. Jatin Kochar E-mail: Jatin.firstname.lastname@example.org M# +91-9711904890, +11-46550555, Ext. 605
The Associated Chambers of Commerce and Industry of India
ASSOCHAM Corporate Office, 5, Sardar Patel Marg
Chanakyapuri, New Delhi - 110021
Phone: 46550555 (Hunting Line)