A MoU for cooperation in SME sector was signed by Ms. Mercy Epao, CMD-NSIC & JS-SME, Ministry of MSME and Mr. Kim Hakdo, President, KOSME, South Korea in the presence of Shri B.B. Swain, Secretary (MSME) on 27th February, 2023 at Ministry of MSME, Udyog Bhawan, New Delhi. The objective of this MoU is to exchange information on best practices in MSME sector and create reliable business alliances between the MSMEs of India and South Korea as well as to cooperate for improving the competitiveness of Indian and Korean MSMEs in global markets through technical collaborations. Dr. Rajneesh (AS & DC) MSME, Shri Kartikeya Sinha, Director (P&M), NSIC, Mr. Sunil Tyagi, GM-SG (IC), NSIC, Mr. Santosh Kumar Verma, Deputy Secretary, Ministry of MSME, Ms. Adiba Bari, Manager (IC), NSIC, Mr. Anupam Tiwari, Manager (IC), NSIC and Mr. Shashank Shekhar, Asst. Manager (IC), NSIC and other senior officials of KOSME were also present on the occasion.