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India, Mauritius review bilateral engagement in MSME sector

NEW DELHI: India and Mauritius have reviewed the present bilateral engagement in the field of MSMEs and held discussion on potential areas of cooperation, the Centre said on Thursday. The two sides also discussed exchange of best practices and experiences in development of the micro small and medium enterprises (MSME) sector in the 3rd Joint Committee Meeting between India's Ministry of MSME and Ministry of Business, Enterprises and Cooperatives of the Republic of Mauritius.

They also deliberated upon holding of physical/virtual exhibitions/fairs; technological cooperation; encouraging B2B collaboration; entrepreneurship development and training programmes; collaboration in various sectors such as aromatherapy, food processing and eco friendly businesses.

During the Mauritius delegation's visit, two Memoranda of Understanding (MoUs) on cooperation have also been signed.

The first MoU was between SME Mauritius Ltd and Entrepreneurship Development Institute of India (EDII) - Ahmedabad on 23 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 24 August, 2022 in New Delhi.