By IANS,
Gandhinagar : The Gujarat Chemical Association (GCA) Friday signed a memorandum of understanding (MoU) with the Indo-African Chamber of Commerce and Industries (IACCI) for promoting bilateral trade, especially for the small and medium enterprises (SMEs).
The MoU will also serve as a platform for promoting technology transfer, joint ventures and investment in the chemical sector.
The MOU was inked at the Global Chemical Leaders Summit 2010, which began here Friday in the run-up to the Vibrant Gujarat 2011 Summit.
“Gujarat constitutes nearly 52 percent of the national chemical production with the presence of big players such as ONGC, Reliance, Essar, TATA Chemicals, Indian Oil and GAIL,” said Gujarat’s Minister of State for Industries Saurabh Patel.
“GCLS 2010 demonstrates the wealth of opportunities open for the small and medium chemical units in the state to supply to these giants,” he added.