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German industry bodies tie up with MSME agencies

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Virendra Singh Rawat Lucknow
Last Updated : Jan 21 2013 | 2:54 AM IST

Two German industry bodies have tied up with five Indian micro, small and medium enterprise (MSME) representative agencies to usher in professionalism and expertise in their management, and improve their access to services.

The partnership programme will be implemented jointly by ZDH (the German Confederation of Skilled Craft) and SEQUA, which is a non-profit subsidiary of Germany’s top four business associations.

The Indian MSME partners include the Indian Industries Association (IIA), the Federation of Madhya Pradesh Chamber of Commerce and Industry, the Gujarat Chamber of Commerce and Industry, the Mohali Industries Association (Punjab) and the Faridabad Small Industries Association (Haryana).

Barring IIA, which has chapters across India, the remaining four represent MSMEs in their respective states. The programme seeks to improve services of the partner organisations in India, strengthen management aspects, and create and expand networking of the partner organisations, he added.

Meanwhile, activities for promotion and development of MSMEs under SEQUA will be finalised in a workshop to be held in Lucknow during June-July 2010.

“Germany has a strong MSME base, which accounts for 90 per cent of its total industries. Besides, it is mandatory for MSME units in Germany to be associated with an industry association,” IIA executive director D S Verma told Business Standard.

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First Published: May 11 2010 | 12:32 AM IST

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