A delegation led by H.E. Jangbahadoorsing Seetaram, Minister of Business, Enterprise and Cooperatives, Mauritius called on Shri K. H. Muniyappa, Minister of State (Independent Charge), Micro, Small and Medium Enterprises here today.
Welcoming the visiting dignitaries the Minister (MSME) Shri K. H. Muniyappa recalled the friendly ties that India has had historically with Mauritius and added that India is Mauritius’ largest trading partner and has been the largest exporter of goods and services to Mauritius since 2007. Considerable interest has also been shown by Indian as well as Mauritian enterprises especially by MSMEs for cooperation in sectors like pharmaceuticals, electrical machinery, apparel and clothing accessories, precious/semiprecious stones and optical photographic and precision instruments. etc.
The Minister noted that both countries have been working together closely for finalising an MoU on cooperation in the MSME sector and hoped that it will entered into very soon. He also expressed his happiness on the signing of MoU between National Small Industries Corporation and Small & Medium Enterprises Development Authority of Mauritius.
The MoU promotes a favorable business environment and empower SMEs to emerge and grow and provides a service delivery network which increases the contribution of SMEs in the national economy.
The MoU also facilitates an assistance and provide the necessary support to SMEs to gain market access and business opportunities and to compete successfully in the national and international markets for Mauritius.
The MoU stated that, NSIC may provide consultancy to Mauritius’s SMEDA on mutually agreed terms, in implementation of its strategy for the development of Incubation Centres and strengthening of the SMEDA SME Resource and Technology Centre (SRTC) with emphasis on Research and Development (R & D) and Innovation.
For both the countries, the MoU provides cooperation at all levels including technology transfer, Marketing and Financial in the MSME sector.
The Mauritius Minister was accompanied by Dr. A.K. Jagessur, GOSK, High Commissioner, Mr. Jean Maxy Simonet, Permanent Secretary and officials from the High Commission of Mauritius in New Delhi. Shri Madhav Lal, Secretary, Ministry of MSME, Shri H. P. Kumar, Chairman – cum – Managing Director, National Small Industries Corporation and other officials of the Ministry of MSME also attended the meeting.
