SA looks to India for guidance on SMME growth

In a bid to learn from India’s successes, Trade and Industry Deputy Minister Elizabeth Thabethe last week led a technical mission to India to observe progress made by the Indian government in the development of Small Medium and Micro Enterprises (SMME). “South Africa and India are both developing countries confronted by similar economic development challenges. However, the latest developments have indicated that India has progressed impressively in the area of informal business development and it is in relation to these that we are undertaking this visit,” Thabethe said.