APEDA and NSIC MoU to harness MSME export potential

  • Industry News
  • Mar 18,21
The MoU also envisages ensuring sustainability and growth of MSMEs by addressing issues such as technology, skill, quality products and market access.
APEDA and NSIC MoU to harness MSME export potential

The Agricultural and Processed Food Products Export Development Authority (APEDA), has recently signed memorandum of understanding (MoU) with National Small Industries Corporation Ltd (NSIC) for ensuring cooperation in range of areas focussing on harnessing exports potential of agricultural and processed food products manufactured by Micro, Small and Medium Enterprises (MSMEs).

The MoU aims to aid the registered APEDA members under all the NSCI schemes. This collaboration envisages to address issues such as technology, skill, quality products and market access clubbed with sustainability and growth for MSMEs.

This MoU also aims to enable MSME units to switch to sustainable and green production processes and products. It also will support and promote sustainable manufacturing technology for the MSME clusters.

In an endeavour to maximise reach, MSMEs will be participating in fairs on international level comprising B2B & B2C fairs, set to be organised in India and abroad.

The MoU will facilitate capacity building of MSME enterprises for their social & environmental compliances and skilling as per international standards. APEDA and NSIC will organise awareness programs about schemes of MSME Ministry, and schemes implemented by NSIC. 

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