South Africa explores India's SMEs success

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SME Times News Bureau | 20 Aug, 2012
During her visit to India, South African Deputy Trade and Industry Minister Elizabeth Thabethe will explor how Indian small and medium enterprises (SMEs) contribute to their national economy, an official said on Sunday.

The Deputy Trade and Industry Minister also said that both countries are developing nations, confronted by similar economic challenges, Xinhua reported.

"The latest developments have indicated that India has progressed impressively in the area of informal business development," the minister, who was due to visit India, said.

"Institutions (Indian Institutions) that we will be engaging with will present simple solutions for our SMEs, including technology and market development," said Thabethe.

Her visit is to create market for South African products, as well as to promote South Africa as a trade destination, an official of the trade and industry department said.

Besides New Delhi, she will also tour Kerala, Chennai and Mumbai during her visit.