ENA MSME 2025-01-24 18:26:27 <p><span style="font-size:14px"><strong>New Delhi, Jan 24 (KNN)</strong> In a significant step toward bolstering Indias small and medium enterprise (SME) sector on the global stage, the Ministry of Micro, Small, and Medium Enterprises (MSME) has established the MSME-Industry International Cooperation Forum. </span></p> <p><span style="font-size:14px">An official order issued on January 21, 2025, detailed the Forums objectives and composition.</span></p> <p><span style="font-size:14px">The initiative aims to create a collective platform of industry bodies to facilitate international collaboration for the governments MSME-related efforts. </span></p> <p><span style="font-size:14px">The Forum will exchange insights on bilateral and multilateral economic and technical cooperation, analyse opportunities and challenges across sectors and regions, and propose strategies to boost the competitiveness of Indian MSMEs.</span></p> <p><span style="font-size:14px">The Forums membership includes prominent organizations such as the Confederation of Indian Industry (CII), the Federation of Indian Chambers of Commerce &amp; Industry (FICCI), and the Federation of Indian Micro and Small &amp; Medium Enterprises (FISME), alongside other regional MSME bodies.</span></p> <p><span style="font-size:14px">This development reflects the growing global recognition of SMEs in trade agreements and policy frameworks. Key international agreements, such as the India-UAE Comprehensive Economic Partnership Agreement (CEPA), now feature dedicated chapters on SMEs. </span></p> <p><span style="font-size:14px">Similarly, the World Trade Organisation (WTO) Ministerial Declarations and G20 discussions routinely include clauses focusing on this vital segment.</span></p> <p><span style="font-size:14px">The newly constituted Forum is expected to enhance the Ministry of MSMEs ability to craft informed agendas and push for policies tailored to the sectors needs. </span></p> <p><span style="font-size:14px">By leveraging the expertise of industry bodies, the Forum will help Indian MSMEs navigate international markets, seize emerging opportunities, and address challenges, thereby strengthening their role in global trade and economic growth.</span></p> <p><span style="font-size:14px">This move underscores the governments commitment to empowering MSMEs, which form the backbone of Indias economy, with the tools and support needed to thrive in an increasingly interconnected world.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 40782 https://knnindia.co.in/news/newsdetails/msme/india-establishes-msme-industry-international-cooperation-forum-to-strengthen-global-ties 2025-01-24 18:26:27 knnindia.co.in