NEW DELHI, India, March 5, 2010 /PRNewswire/ -- India's leading online B2B marketplace IndiaMART.com has launched state-wise tenders list under its popular tender's banner to help the SME and MSME community in the country. The new initiative has been implemented to simplify search procedure of local tenders for state-level SMEs. State-wise tender process will cut down the time element, an important factor in tender processing.

The new initiative has been well received among the 7 lakh strong SME (Small and medium Enterprises) and MSME (Micro, Small and Medium Enterprises) community of IndiaMART.com.

Announcing the launch, Dinesh Agarwal, Founder CEO of IndiaMART.com said, We are always striving towards providing the best of services to the SME sector. After the free tender services launched last year, which grabbed clients' attention, the latest state-wise tender offering is a step forward in the same direction. This will not only boost our clients business but also bolster their belief in IndiaMART.com.

Late last year, IndiaMART.com had set a precedent, becoming the first company to launch free subscription of more than 50,000 live government, corporate and global tenders and procurement notices for its Indian clients. Since then, the company has seen a significant growth in page visits at over 50 percent in the last three months, a note worthy performance indeed.

Brijesh Agrawal, Chief Operating Officer, IndiaMART.com said, IndiaMART has initiated state-wise tenders, so that users can avail desirable and specific services across a wide range of industry verticals as per their location, need and business preference in a convenient and structured fashion.

He further highlights that, customers will be impressed not only by the quality of the tender information, but also with the user friendly interface and seamless navigation across the tender pages.

For the last 14 years IndiaMART.com has been playing a leading role in furthering SME and MSME business in the country, providing them with India's largest online platform to sell their products and services in the international marketplace and expand their reach and business opportunity.

The industry has put its trust in IndiaMART.com, making it the country's largest B2B portal with over 60 percent market share. The company has been also conferred the prestigious Red Herring 100 Asia Emerging India award.

Tenders.indiamart.com (http://tenders.indiamart.com/) is among the largest portals for business tender information both in India as well as globally, with a large number of free online tenders and registered users from all over the world.

About IndiaMART.com

IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.

Founded in 1996, the company has a pan-India presence in over 100 cities . With approximately 1200 employees located across 31 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 700,000 registered members and nearly 5 million global buyers across various industries and verticals.

IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country.

Its existing investors include Intel Capital and Bennett, Coleman Co. Ltd (Times Group), India's largest print media group.

For more information, please visit: http://www.indiamart.com/press-section/

Media Contacts IndiaMART.com Arun Tyagi Marketing PR M: +91-9711003832 T: +91-120-3911000 F: +91-120-2424943 E: pr@indiamart.com

SOURCE: IndiaMART.com

CONTACT: Media Contacts: IndiaMART.com, Arun Tyagi, Marketing PR, M:+91-9711003832, T: +91-120-3911000, F: +91-120-2424943, E: pr@indiamart.com.