The International Navodaya Chamber of Commerce (INCOC) actively participated in RISE Global – MSME Upgradation, Export Development, Growth Conference & Summit, held on 11 September 2026 at Hotel The Panache, Patna, bringing together entrepreneurs, MSMEs, professionals, industry leaders and international business stakeholders to explore opportunities for Bihar’s enterprises in global markets. Sandeep Kumar (FCMA, CA), President, International Navodaya Chamber of Commerce (INCOC), was one of the speakers at the event and contributed to the discussions on strengthening Bihar’s MSME ecosystem, enhancing export competitiveness and creating pathways for local businesses to access international markets. The conference provided an important platform to discuss how Bihar can transform its growing MSME base into a stronger contributor to India’s international trade and economic growth. The discussions focused on the need for better market intelligence, professional support, technology adoption, access to finance, international networking and strategic collaborations.

INCOC’s Focus on Export Development and Global Opportunities

Speaking at the conference, Sandeep Kumar (FCMA, CA) highlighted the significant potential of Bihar’s MSMEs to participate in global value chains. He emphasized that Bihar has considerable strengths across sectors including agriculture and food processing, textiles and apparel, handicrafts, engineering products, professional services, IT, education, healthcare and emerging technology-driven businesses. He also emphasized that internationalization should not be viewed only as an opportunity for large companies. With the right ecosystem, small and medium enterprises can also become exporters, suppliers to global companies and participants in international business networks. INCOC believes that professional knowledge and business networking can play a critical role in helping MSMEs understand export procedures, taxation, compliance, pricing, documentation, international payments, intellectual property, digital platforms and other requirements associated with entering global markets.

Building a Stronger International Business Ecosystem for Bihar

One of the key messages emerging from the event was the importance of creating a coordinated ecosystem involving MSMEs, professionals, government institutions, financial institutions, industry associations, startups, educational institutions and international business organizations. INCOC is committed to contributing to this ecosystem by connecting entrepreneurs and professionals with relevant opportunities, knowledge and networks. Through its various initiatives, INCOC continues to promote MSME development, entrepreneurship, professional networking, export awareness, skill development and international collaboration. The organization aims to create platforms where entrepreneurs can interact with experts and potential business partners while gaining practical knowledge required for sustainable growth. The RISE Global platform also highlighted the growing importance of international collaborations for Bihar. Partnerships with global organizations and business networks can help local enterprises identify prospective buyers, understand foreign markets, participate in B2B engagements and explore opportunities for investment, technology transfer and joint ventures.

From Local Enterprise to Global Business

For Bihar to emerge as a significant export and investment destination, businesses need to move beyond traditional markets and develop a stronger global outlook. This requires continuous capacity building, professional guidance and access to international networks. INCOC sees considerable opportunity in creating structured pathways for Bihar-to-Global and Global-to-Bihar business connections. Such initiatives can help entrepreneurs identify international markets, understand customer requirements and develop products and services that are competitive globally. Sandeep Kumar (FCMA, CA) further emphasized the role of finance and business professionals in this transformation. Professionals can support MSMEs not only through accounting and compliance but also through business strategy, financial planning, risk management, international taxation, export finance, valuation, investment planning and global business advisory.

INCOC’s Commitment

The participation of INCOC in RISE Global 2026 reflects its continued commitment to supporting the growth of Bihar’s MSME and professional ecosystem and creating greater access to national and international opportunities. INCOC believes that Bihar has the potential to become an important hub for entrepreneurship, exports, professional services and global business collaboration. Achieving this vision will require sustained cooperation among stakeholders and stronger connections between local enterprises and international markets. The RISE Global 2026 conference served as an important platform for initiating and strengthening these conversations. International Navodaya Chamber of Commerce (INCOC) will continue working towards its vision of “Connect. Collaborate. Grow.”, creating meaningful platforms for entrepreneurs, MSMEs and professionals to connect with opportunities, collaborate with stakeholders and grow in domestic as well as international markets.