Malaysia launches '1MINE' to empower Indian business community

KUALA LUMPUR: Malaysia has launched an integrated network " 1Malaysian Indian Enterprise Network ( 1MINE)" to empower the ethnic Indian community through the concept of ' Unity Via Business'.

Launching the initiative on Friday, wife of Malaysian Prime Minister Rosmah Mansor said the setting up of '1MINE' was timely as it could assist more entrepreneurs to promote and introduce their products to other traders.

"Studies found 70 per cent of new businesses expanded through a process of business networking. There is also a view that business networking is the way forward to market businesses currently," she was quoted as saying by Malaysian news agency Bernama.

Rosmah said business networking between two businesses would eventually benefit both parties.

"Success in business is not achieved overnight, in fact, it takes several years. What is important for entrepreneurs is to acquire entrepreneurial knowledge and skills as well as being alert to the business environment," she added.

"1MINE" president S Gopinath was also present on the occasion.