Over 200 MSMEs witnessed pact

A Saudi Aramco unit has signed a Memorandum of Understanding in India which will provide opportunities for Indian MSMEs to be global vendors.

MoU was signed by Aramco Asia with National Small Industries Corporation and witnessed more than 200 MSMEs on 9 Dec 2019.

NSIC is the flagship Mini Ratna Public Sector Undertaking under Ministry of MSME in the business of facilitating MSMEs in India.

Aramco is world’s largest Oil & Gas Company from Saudi Arabia having reported revenue of US$355 billion Dollar and estimated market value of US$1.5 trillion.

The MoU was signed by P. Udayakumar, Director (P&M) and Mohammed Al Mughirah, President of Aramco Asia. fiinews.com