Promoting Local Products of SMEs

Some 100 small and medium entrepreneurs are examining today different strategies to reduce our dependency on imported products through local production of food and goods, mainly industrial products. Mauritius imports some Rs 1.6 billion of products annually and this represent a market into which local entrepreneurs could tap by diversifying their products while aiming for quality, remaining competitive and be innovative.

Many countries implement policies with the intention of becoming more self-sufficient and less vulnerable to adverse terms of trade. The workshop will provide a platform to discuss the major advantages of this strategy which is centred on local income generation, increase in domestic employment and resilience in the face of global economic shocks such as recession and depression.

 

Leave a Comment