Cabinet approves MoU between India-UAE for cooperation in field of SME sector
New Delhi [India], Jan. 18 (ANI): The Cabinet chaired by the Prime Minister Narendra Modi on Wednesday gave its approval for signing the Memorandum of Understanding (MoU) between India and United Arab Emirates for cooperation in the field of Small and Medium Enterprises and Innovation.
The MoU would benefit Indian SMEs and lead to equitable and inclusive development. The exposure to best practices in SME sector abroad would provide an opportunity to Indian SMEs to improve upon them and innovate further.
It would also provide to Indian SME sector an opportunity to have a mutually beneficial relation with SME sector of the United Arab Emirates and to explore their markets.(ANI)