
The Memorandum of Understanding (MoU) was signed between Minister of State (Independent Charge) for Micro, Small and Medium Enterprises (MSME) K H Muniyappa and Mauritius Minister of Business, Enterprise and Cooperatives Jangbahadoor Seetaram, an official release said.
Muniyappa, who was on a three-day visit to Mauritius which started on November 30, exuded confidence that through this positive engagement his ministry would be able to create an ideal framework for further collaboration in this sector.
"The agreement provides for further capacity building for developing an appropriate policy and institutional framework for MSMEs and providing training for improvement of managerial and technical skills for these units," the statement said.
Under the MoU, surveys and feasibility studies would also be carried out to identify thrust areas and opportunities for development of these units in Mauritius, it added.
Besides, the two ministers discussed the possibility of setting up of a vocational training-cum-incubation centre for the benefit of Mauritian SME sector.
An incubation centre would provide hands-on practical training to the first generation budding entrepreneurs and unemployed persons in order to equip them with knowledge and expertise for setting up new enterprises.
Meanwhile, Muniyappa called on Mauritius President Rajkeswur Purryag and Prime Minister Navinchandra Ramgoolam.