A new B2B web portal www.nsicindia.com for MSME’s was launched by Shri. Dinsha J. Patel, Hon’ble Minister of Micro, Small and Medium Enterprises (Independent Incharge), Govt. of India on August 12, 2009 at New Delhi.Shri Dinesh Rai, Secretary, Ministry of MSME, Dr. H.P. Kumar, CMD, NSIC, Shri Pravir Kumar, Joint Secretary, Ministry of MSME and other senior officers of Government of India were also present. Recognising the need for business information, NSIC has now launched new web portal promoting e-commerce for MSMEs of India. The portal is poised to provide an excellent opportunity for MSME fraternity to not only promote Information exchange pan India but also enhance its reach to large number of clients abroad, besides improving its service delivery. Some of the salient features of new portal are: 1)Product specific database searches. 2)Sector specific domestic Tender notices with alert facility. 3)Country specific Global Tender notices from World Bank, United Nation Organisation, ILO etc. 4)Business Trade Leads (buy/sell) from more than 200 countries. 5)Virtual Exhibition 6)My Work Place (Self Web development tool) 7)SMS alerts 8)Electronic News Letters 9)Centralized Mail System for each member (Every member to get individual mail boxes) 10)Payment Gateway through major credit cards like Mater Card, Visa, Paypal etc. for membership subscription. B2B portals like www.nsicindia.com would offer MSMEs exceptional possibilities to compete on global markets and to weave strategic and networking alliances with other players around the world. The "death of distance" provides enormous potential for inter-industry trade, cross-border partnerships and strategic alliances. In addition, it offers MSMEs cost-effective possibilities to advertise their products and to contact buyers and suppliers on a global basis.