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Last updated: 15 Oct, 2015  

msme-THMB-2010.jpg India clears MSME agreement with Taiwan

MSME.9.5.jpg
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SME Times News Bureau | 15 Oct, 2015
The union cabinet cleared an agreement between Taipei's India-Taipei Association (ITA) and Taipei Economic and Cultural Center (TECC) in India for cooperation in the field of Micro Small and Medium Enterprises (MSME), an official statement said on Wednesday.

The agreement aims to provide a structured framework and enabling environment for MSMEs in either nations to better understand each other's strengths, markets, technologies, policies and others, the statement added.

Both the countries also agreed to allow MSMEs to participate in each other's trade fairs, exhibitions, exchange business delegations, understand policies and explore markets for joint ventures, tie-ups and technology transfers among others, the statement said.

"This type of cooperation opens up doors of new opportunities for the Indian MSME sector by way of new markets, joint ventures, sharing of best practices and technology collaborations," the statement said.

However, the agreement does not include any financial, legal or political commitments.

According to statement, MSMEs recorded consistently high growth rates vis-a-vis overall industrial sector demonstrating innovation and adaptability.
 
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Sme
Dr subhash chandra | Fri Oct 23 12:36:23 2015
There should be camps By NSIC and small scale laghu Udhayog of government every three months on major cities to promote the schemes. The lack of information Makes storm of fear around entrepreneurs. .and discourages from new entrants. If u started then dont know where whom to sell.. govt ahould help people to get helped..

  Re: Sme
savita chawla | Fri Oct 30 06:20:42 2015
well this is a good news and amessage to new entepenures where to cell the products iy is eassy to manufacture and difficult sell, if Govt will help for selling,no doubt every sme can prospire.thanks


 
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