2014-02-05

India, Zimbabwe to enhance ties for better SME cooperation

India and Zimbabwe have decided to further enhance their cooperation in the priority sectors of cooperation namely, pharmaceuticals, infrastructure, SMEs, informed the Ministry of Commerce & Industry.

India, Zimbabwe to enhance ties for better SME cooperation

India and Zimbabwe have decided to further enhance their cooperation in the priority sectors of cooperation namely, pharmaceuticals, infrastructure, health sector, small and medium enterprises (SMEs), informed the Ministry of Commerce & Industry.

 

"India's commitment to deepen and diversify the trade and investment ties between India and Zimbabwe," said the Union Minister of Commerce & Industry Anand Sharma, during a bilateral meeting of with Joice T R Mujuru, Vice President of Zimbabwe and Michael Bimha, Industry and Commerce Minister of Zimbabwe, in Harare.

 

During the discussions, it was also decided to speed up the implementation of various projects being executed under the India-Africa Forum Summit Programme, which include a Food Testing Laboratory, a Rural Training Park and a Vocational Training Centre.

 

India is mulling to set up an FTL in Zimbabwe at an approximate cost of $2 million under the India-Africa Forum Summit-II. Under the IAFS-II, India is in the process of setting up Rural Technology Park in and a Vocational Training Centre (VTC)/Incubation Centre.

 

The Indian Minister offered India's full assistance in implementing the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (ZIMASSET) programme in the areas of infrastructure, agriculture, food production, mining, capacity development.

 

India exports drugs, pharmaceuticals & chemicals, machinery and instruments, electronic goods and plastic & linoleum products as major commodities to Zimbabwe. Zimbabwe, on the other hand exports cotton, tea, non-ferrous metals and spices to India as principal commodities, it added.

Related opportunities
  • Furniture/Home Decor & Furnishing
    Truww is on a mission to make home design simple..
    Locations looking for expansion Karnataka
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 50lakh - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Sikh World, was founded in 2008 with the goal of..
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2023
    Investment size Rs. 30lakh - 50lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Panvel Maharashtra
  • Alliance Recruitment Agency is one of the leading global recruitment,..
    Locations looking for expansion Gujarat
    Establishment year 2010
    Franchising Launch Date 2010
    Investment size Rs. 2lakh - 5lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Language Schools
    The British Institute of Engineering Technology (I) Pvt Ltd (BIET), London was..
    Locations looking for expansion West bengal
    Establishment year 1950
    Franchising Launch Date 1992
    Investment size Rs. 5lakh - 10lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Amherst street West bengal
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads