Question : JOINT VENTURES WITH MAURITIUS



(a) whether the Government are exploring the possibilities of floating joint ventures in small and medium scale industries with Mauritius;

(b) if so, the details thereof;

(c) whether the Government intend to make similar efforts with other countries; and

(d) if so, the steps being taken in this direction?

Answer given by the minister

MINISTER OF SMALL SCALE INDUSTRIES AND MINISTER OF DEVELOPMENT OF NORTH EASTERN REGION ( DR. C. P. THAKUR )

(a) to (d): No, Sir. However, the Ministry of Food Processing Industries is encouraging joint ventures in Food Processing Sector with various countries and 13 joint ventures have been approved since liberalization till 31.10.2002 with Mauritius. Ministry of Food Processing does not itself set up joint ventures, but, facilitates setting up of such joint ventures with foreign companies.