Indian govt to open Rapid Incubation Centre in Rwanda
Updated: Jan 15, 2015 12:12:07pm
New Delhi, Jan 15 (KNN) Government of India is opening a Rapid Incubation Centre in Rwanda to cater to the sectors of food processing, light engineering and vocational trades established by National Small Industries Corporation (NSIC), under the India Africa Forum Summit (IAFS-II).
MSME Minister Kalraj Mishra will inaugurate the centre during his visit there on January 16 and 17, 2015 and witness the progress of vocational training in the country.
The visit will provide an insight into the structure of MSMEs in Rwanda and will help strengthen areas of cooperation at policy level in this sector.
The country’s economy is based mostly on subsistence agriculture and its manufacturing sector is dominated by the production of import substitutes for internal consumption.
Government of Rwanda is in the process of establishing small enterprises in the country and looks towards India for cooperation in the development of MSMEs.
Mishra will also visit South Africa to further discuss expansion of bilateral cooperation in the field of MSMEs between the two countries.
As the process of industrialization expands further in the African country, NSIC, an enterprise with the Ministry of MSME, will sign a MoU of Cooperation with Black Business Council (BBC) of South Africa for developing youth owned enterprises there.
The MoU, besides cooperation in MSME sector, also focuses on BBC’s efforts to economically empower the marginalised group in South Africa through NSIC’s Rapid Incubation Programme. NSIC has been requested by BBC to establish five such Rapid Incubation Centres in South Africa.
Mishra’s visit will also provide an opportunity to further renew NSIC’s cooperation with Small Enterprise Development Agency (SEDA) under the Ministry of Small Business, Government of South Africa.
NSIC’s Cooperation with SEDA has been instrumental not only in enhancing cooperation in the field of MSMEs in South Africa but also plays an important role in tri-nations cooperation under India, Brazil and South Africa (IBSA) Forum. (KNN/ST)
MSME Minister Kalraj Mishra will inaugurate the centre during his visit there on January 16 and 17, 2015 and witness the progress of vocational training in the country.
The visit will provide an insight into the structure of MSMEs in Rwanda and will help strengthen areas of cooperation at policy level in this sector.
The country’s economy is based mostly on subsistence agriculture and its manufacturing sector is dominated by the production of import substitutes for internal consumption.
Government of Rwanda is in the process of establishing small enterprises in the country and looks towards India for cooperation in the development of MSMEs.
Mishra will also visit South Africa to further discuss expansion of bilateral cooperation in the field of MSMEs between the two countries.
As the process of industrialization expands further in the African country, NSIC, an enterprise with the Ministry of MSME, will sign a MoU of Cooperation with Black Business Council (BBC) of South Africa for developing youth owned enterprises there.
The MoU, besides cooperation in MSME sector, also focuses on BBC’s efforts to economically empower the marginalised group in South Africa through NSIC’s Rapid Incubation Programme. NSIC has been requested by BBC to establish five such Rapid Incubation Centres in South Africa.
Mishra’s visit will also provide an opportunity to further renew NSIC’s cooperation with Small Enterprise Development Agency (SEDA) under the Ministry of Small Business, Government of South Africa.
NSIC’s Cooperation with SEDA has been instrumental not only in enhancing cooperation in the field of MSMEs in South Africa but also plays an important role in tri-nations cooperation under India, Brazil and South Africa (IBSA) Forum. (KNN/ST)
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