The MoU also envisages ensuring sustainability and growth of MSMEs by addressing issues such as technology
The Agricultural and Processed Food Products Export Development Authority (APEDA) yesterday on 17-03-2021 signed a memorandum of understanding (MoU) with National Small Industries Corporation Ltd (NSIC) for ensuring cooperation in a range of areas focussing on harnessing exports potential of agricultural and processed food products manufactured by Micro, Small and Medium Enterprises (MSMEs).
According to the MoU, the key areas of cooperation include facilitating APEDA registered members getting assistance under all the NSCI schemes. The MoU also envisages ensuring sustainability and growth of MSMEs by addressing issues such as technology, skill, quality products and market access.
The collaborations between APEDA, which functions under the Ministry of Commerce and NSIC, which operates under the Ministry of Micro Small & Medium Enterprise, also support the promotion of green & sustainable manufacturing technology for the MSME clusters so as to enable units to switch to sustainable and green production processes and products.
APEDA and NSIC will also facilitate the participation of MSMEs in fairs of international level including B2B & B2C fairs to be organized in India and abroad and also to mutually cooperate in international business development & promotions.
APEDA and NSIC have also agreed to facilitate providing of assistance available under schemes of the Government of India towards capacity building of MSME enterprises for their social & environmental compliances and skilling as per international standards.
The MoU was signed by Dr Sudhanshu, Secretary APEDA and P Udayakumar, Director (P&M), NSIC. The MoU was signed for utilizing both the organizations’ expertise by mutually working together to synergize the activities in the interest of agriculture and allied sectors for bringing better value to the stakeholders.
