Africa-Press – Mauritius. The MSME Ministry on Thursday announced two memorandums of understanding (MoUs) signed between India and Mauritius on cooperation in promoting the MSME sector of the two countries.
Both MoUs were signed by the Mauritius government’s small business promotion entity SME Mauritius — one with Entrepreneurship Development Institute of India (EDII)- Ahmedabad and another with the National Institute for Micro, Small and Medium Enterprises (NI-MSME).
MSME Ministry’s NI-MSME trains small businesses, individuals, and professionals for entrepreneurship development, capacity building, marketing, innovation, infrastructure development, quality management, and more. The MoUs signed were part of the India-Mauritius 3rd Joint Committee Meeting on SME cooperation held on Thursday.
The Indian side led by MSME Minister Narayan Rane and the Mauritius side by visiting Soomilduth Bholah, Minister of Industrial Development, SMEs and Cooperatives discussed the potential areas of cooperation such as exchange of best practices and experiences in the development of the MSME sector.
The review meeting also discussed holding physical or virtual exhibitions and fairs apart from technological cooperation, encouraging business-to-business (B2B) collaboration through B2B meets, entrepreneurship development and training programmes, and partnership in different sectors including aromatherapy, food processing and eco-friendly businesses.
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