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Union Minister of Commerce and Industry, Anand Sharma Friday said that there is immense scope for cooperation and strategic alliances between the small and medium enterprises (SME) sectors in India and South Africa.

South Korea is seeking major involvement in the small and medium enterprise (SME) sector in Gujarat and has plans to set up a world class innovation centre in the state, a state minister said on Friday.

India Antivirus Market is projected to reach INR 14,782 crore by 2024. Antivirus market in India is expected to register healthy growth moving forward. Government initiatives, proliferation of mobile devices, rising internet penetration and IoT sector, substantial increase of cyber security spending and emerging IT, SME and educational hubs in the country are some of the key factors to drive the growth of antivirus market in India.

India Inc. has hailed the better-than-expected 7.5 percent GDP growth during 2009-10, but it is still jittery about numerous challenges, including poor credit availability to the industry, particularly the small and medium enterprise (SME) sector, and the Eurozone sovereign debt crisis which could draw down exports to the region in the coming days.