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MSME Secretary launches India’s first commonwealth SME Association

Ministry of MSME Secretary K K Jalan launched India’s Commonwealth SME Association to focus on linking Indian exporters to the suppliers from LDCs.

The Commonwealth SME Association, a joint initiative of industry body FISME and Commonwealth Secretariat, London, would provide a sustainable platform to the SMEs in the Lesser Developed Countries (LDCs) and the region in order to source inputs for their lead products.

Federation of Indian Micro and Small & Medium Enterprises (FISME) would act an implementing agency and coordinator for this platform.

A two-day Trade Symposium on ‘Linking LDCs into India’s Global Value Chain’ was organized on June 29-30 which was attended by delegated from Africa and India. The delegates were from countries including – Kenya, Ethiopia, Tanzania, Uganda, Malawi, Zambia, Rwanda, Bangladesh and Sri Lanka.