Dun & Bradstreet India Partners with West Bengal Government to Foster the Growth of MSMEs

Mumbai, June 27, 2023: Dun & Bradstreet India has announced today that it has partnered with the West Bengal government to issue D-U-N-S® Numbers to exporters and MSMEs in the state.

The D-U-N-S® Number is a unique nine-digit identifier for businesses. This number is assigned once Dun & Bradstreet’s patented identity resolution process identifies a company as being unique from any other in the Dun & Bradstreet Data Cloud. It helps identify, validate, and link businesses worldwide. The D-U-N-S® Number identifies a company's Dun & Bradstreet business credit file, which may include firmographic data, corporate family relationships, and scores and ratings that assess different financial health indicators. Potential partners and lenders can request a business credit report about the business using its D-U-N-S Number.

Speaking about the partnership, Preeta Misra, Senior Director – CBIG, ESG and SME, Dun & Bradstreet India said, “West Bengal is amongst the top 10 states in terms of coverage of businesses in the Dun & Bradstreet Database, with the majority being MSMEs. We have observed increase in business interest in MSMEs based in West Bengal, with volume of inquiries from global and domestic companies growing 4 times since 2019. During 2022 itself, MSMEs constituted close to 70% of the inquiries done by global customers on companies in West Bengal. Dun & Bradstreet surveys have revealed that market access is the biggest challenge to MSMEs in scaling up their businesses.”

Talking about the benefit of the D-U-N-S® Number, Misra further added, “The D-U-N-S® Number is recognized, recommended, and required by over 240 governments, trade, and industry organizations around the globe. There are 2.5 lakh global and domestic customers who leverage the Dun & Bradstreet Data Cloud for decision making.”

Shri U. Swaroop, Director, MSME&T Department of West Bengal said, “The D&B D-U-N-S number will empower MSMEs in West Bengal to build credibility, increase visibility, expand access to the global markets, find potential customers and identify growth opportunities”