In the Indian context, the definition of the SSI sector is largely framed in terms of cumulative investment in plant and machinery while most of the countries adopt the level of employment as the criterion for defining the SSI sector.
Our seminar is not only conveniently located but has also come at a very appropriate time, as it is being held against the background of two major developments that have shaped the European and Russian economies over the past few years. In the European Union, the euro has been firmly and credibly established as the common currency for more than 300 million citizens.