The Secretariat for Empowerment of Indian Entrepreneurs (SEED) aims to train more Indian entrepreneurs to be involved in the halal industry and open up more business opportunities among them.
SEED CEO Datuk Dr A.T. Kumararajah said the halal industry is an under-explored area for the Indian economic community.
"SEED is working closely with the Halal Industry Development Corporation (HDC) and Malaysian Islamic Development Department (Jakim) to encourage Indian entrepreneurs to enter the halal industry and expand their businesses to the global stage.
"By end-2015, we managed to have 55 Indian companies registered with the HDC,from 39 in 2014. Our target is to have more than 100 new companies by year-end," he told Bernama News Channel (BNC), in an exclusive interview here today.
He said the halal concept might have a religious slant, but in the business space, it is akin to receiving an ISO certification to reach a quality standard, and gain the trust of the consumer.
Kumararajah also said of the 38,138 registered Indian companies in Malaysia, 10,000 are small and medium enterprises, and only 3,493 seems to be highly performing entities in terms of profit.
"They (entrepreneurs) need a decent business model and proper system to scale up. It is undeniable that young Indian entrepreneurs are doing well.
"We have planned a few SEED plus programmes to encourage final year graduates to consider entrepreneurship as a career, alongside the 1Malaysia Training Scheme (SL1M)," he added.
The SL1M is a programme to enhance the marketability (employability) or the ability of graduates to find work in collaboration with government-linked companies (GLCs) and the private sector.
SEED CEO Datuk Dr A.T. Kumararajah said the halal industry is an under-explored area for the Indian economic community.
"SEED is working closely with the Halal Industry Development Corporation (HDC) and Malaysian Islamic Development Department (Jakim) to encourage Indian entrepreneurs to enter the halal industry and expand their businesses to the global stage.
"By end-2015, we managed to have 55 Indian companies registered with the HDC,from 39 in 2014. Our target is to have more than 100 new companies by year-end," he told Bernama News Channel (BNC), in an exclusive interview here today.
He said the halal concept might have a religious slant, but in the business space, it is akin to receiving an ISO certification to reach a quality standard, and gain the trust of the consumer.
Kumararajah also said of the 38,138 registered Indian companies in Malaysia, 10,000 are small and medium enterprises, and only 3,493 seems to be highly performing entities in terms of profit.
"They (entrepreneurs) need a decent business model and proper system to scale up. It is undeniable that young Indian entrepreneurs are doing well.
"We have planned a few SEED plus programmes to encourage final year graduates to consider entrepreneurship as a career, alongside the 1Malaysia Training Scheme (SL1M)," he added.
The SL1M is a programme to enhance the marketability (employability) or the ability of graduates to find work in collaboration with government-linked companies (GLCs) and the private sector.
