The governments of India and Brazil have signed a memorandum of understanding to strengthen cooperation between Micro, Small and Medium Enterprises (MSME) and to promote the green transition. The agreement establishes a framework for enhanced collaboration across public and private sectors and seeks to align bilateral efforts with broader sustainable development goals and innovation agendas.\n\nThe memorandum focuses on facilitating technology exchange, capacity building, sustainable production practices and improved market access for MSME. It envisages joint initiatives in renewable energy deployment, resource efficiency and circular economy models to reduce environmental footprints while sustaining enterprise growth. Emphasis is placed on support measures for green financing, standards harmonisation and inclusive participation of smaller enterprises. The memorandum also encourages use of digital tools and market intelligence to help smaller firms scale and adapt to sustainable production requirements.\n\nImplementation is expected to proceed through joint working groups, shared research and development efforts and targeted training programmes that aim to transfer technical knowhow and managerial skills. The pact also contemplates exchange of experts, pilot projects and mechanisms to ease market linkages and investment flows between the two countries. Regulatory dialogue and mutual recognition of standards is intended to lower barriers and foster trade in green goods and services.\n\nAuthorities anticipate that the cooperation will enhance competitiveness of MSME, create employment in sustainable sectors and accelerate adoption of low carbon technologies across supply chains. The agreement is presented as a step towards resilient and environmentally responsible bilateral economic ties that support long term growth and shared climate objectives. Stakeholders will monitor progress through regular reviews and adaptive measures to ensure the programme meets its intended outcomes. The pact envisages engagement with financial institutions to mobilise resources and with industry bodies to facilitate adoption of best practices.