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Monshaat (General Authority for Small and Medium Enterprises)

Saudi Arabia

Commencement of Engagement

28 January 2019

Engagement Overview

The engagement between NITI Aayog and Monshaat aims to build a framework that will help in:

  • Exchange knowledge and experiences to improve institutional infrastructure and develop the micro, small and medium enterprises
  • Exchange information on business opportunities associated with SMEs in both countries
  • Support the exchange of promotional activities for tradable opportunities for SMEs
  • Support and develop the innovation, incubation, and startup ecosystem between the two countries, which will include startup policies, student and startup exchange programmes, among others


  • MoU signed on 28 January 2019