YourStory has learnt of European investment for SMEs in India!

The European Commission

(EC) and Organisation for Economic Cooperation and Development (OECD)

are jointly looking forward to open centres in Gujarat and other parts

of India for the business development and strategies exchanges of Small

and Medium-Sized Enterprises (SMEs).

Sergio Arzeni, Director of the Centre for Entrepreneurship, Small and

Medium-Sized Enterprises (SMEs) and local development of the

Organisation for Economic Cooperation and Development (OECD) said, "In

past few years, Gujarat has immerged as one of the best

entrepreneurship state of India. EC already have funds with them for

this purpose and we are just looking for right hands with whom we can

start working."

"India is a huge country so logistically it will be much better if

individual states of India contact us and join us. Our centres in India

will be mainly working on creation of jobs and local enterprises," said

Arzeni, who is also Head of Programme, Local Economic and Employment

Development (LEED).