India and Mauritius to Closely for SME Co-operation

The 3rd Joint Committee Meeting (JCM)  between Ministry of Micro, Small and Medium Enterprises(MSME) and Ministry of Business, Enterprises and Cooperatives of Republic of Mauritius for cooperation in the field of MSMEs was held in New Delhi. In the said meeting, the Indian side was led by Shri Narayan Rane, Union Minister for Micro, Small and Medium Enterprises (MSME), Government of India, and Mauritius side was led by Shri Soomilduth Bholah, Union Minister of Industrial Development, SMEs and Cooperatives. Minister of State for MSME, Secretary(MSME) and other senior dignitaries also took part in the meeting.

In the JCM, both sides reviewed the present engagement between India and Mauritius in the field of MSMEs, and held discussions on potential areas of cooperation in various areas including the exchange of best practices and experiences in the development of the MSME sector; holding of physical/virtual exhibitions/fairs; technological cooperation; encouraging B2B collaboration/tie-ups through B2B meets; entrepreneurship development & training programs; collaboration in various sectors such as aromatherapy, food processing and eco-friendly businesses.

During the Mauritius delegation’s visit two Memorandum of Understanding (MoU) on cooperation have also been signed, one between SME Mauritius Ltd. and Entrepreneurship Development Institute of India (EDII)- Ahmedabad on 23rd August, 2022 in Ahmedabad; and another between SME Mauritius Ltd. and National Institute for Micro, Small and Medium Enterprises (Ni-msme), an institute under the Ministry of MSME on 24th August, 2022 in New Delhi.