Explanation:

Union Minister for Commerce & Industry launched the Indian Business Portal - An International Trade Hub for Indian Exporters and Foreign Buyers.

• FIEO in partnership with GlobalLinker, has designed and developed the “Indian Business Portal”, an International Trade Hub for Indian Exporters and Foreign Buyers.
• This is a B2B digital marketplace to empower SME exporters, artisans and farmers to identify new markets for their products and grow their sales globally.

Strategic objectives of Indian Business Portal:

• Digitizing Indian Exporters and help them become discoverable online
• Encouraging virtual meetings between buyers and sellers
• Providing a trusted network of Indian Exporters to Foreign Buyers

Hence option 1st is correct.