NSIC Inks Pact With Malaysia’s SME Corporation

NSIC Inks Pact With Malaysia’s SME Corporation

National Small Industries Corporation (NSIC) today (25/01/2018) signed an MoU with SME Corporation Malaysia for exchange of information and cooperation in areas such as policies to aid development of small and medium businesses (SMBs) in the two countries.

Besides, three other agreements were also signed between Indian and Malaysian entities to strengthen cooperation among smaller businesses in these countries.

Bilateral trade (between India and Malaysia) was registered at USD 12.02 billion in 2015.

The agreement between NSIC and SME Corp Malaysia is for cooperation in matters of policies, expertise and information relating to the development of MSMEs in India and Malaysia.

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