Syndicat des Industries de Madagascar

What Syndicat des Industries de Madagascar does

The Syndicat des Industries de Madagascar (SIM) is a non-profit professional syndicate founded in 1958 and headquartered in Antananarivo, representing approximately 194 industrial member companies across all 25 administrative regions of Madagascar. Its members span agro-food, chemicals and parachemistry, mining, construction materials, wood products, textiles and leather, packaging, and business services. SIM operates as the recognized principal industrial voice before public authorities and international institutions (World Bank, African Development Bank, EU, PNUD, ONUDI, SADC, COI), engaging in formal public-private dialogue on fiscal, customs, energy, and regulatory policy.

SIM's core products and programs include: (1) the Malagasy Ny Antsika quality label, audited by the Bureau des Normes de Madagascar, which certifies and promotes locally manufactured products; (2) Pôle Stage Madagascar, a digital platform connecting students with member companies for internships and first jobs; (3) the EXPANSION institutional magazine; (4) flagship events including the CEO Summit Indian Ocean and the Salon International des Affaires et de l'Entrepreneuriat (SIAE); (5) the Rallye des Industries inter-university competition; and (6) CGA-SIM, an approved management center providing accounting and compliance support to SMEs. Underlying technology is minimal — SIM does not develop proprietary tech products and its digital footprint consists of standard websites, social media, and a matchmaking portal.

SIM's revenue model is membership-dues-based, with members categorized as Entreprise (individual company), Groupe Industriel (industrial group), or Association professionnelle (professional association). Specific fee tiers are not publicly disclosed. Additional revenue is generated through event sponsorships, partnership contributions, and CGA-SIM service fees. SIM is governed by an elected President and 25-member Board of Directors; Tiana Rasamimanana (Groupe SIPROMAD) currently serves as President for the 2025-2027 term. The organization operates with a lean staff of 11 employees and is funded primarily through recurring membership subscriptions.

Name

Syndicat des Industries de Madagascar

Legal name

Syndicat des Industries de Madagascar

Website

https://sim.mg

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

The Syndicat des Industries de Madagascar (SIM) is a non-profit professional syndicate founded in 1958 that represents approximately 194 industrial companies across Madagascar, providing advocacy, the Malagasy Ny Antsika quality label, training, youth employment programs, and high-profile industry events.

Ownership category

akta.pro rank

Product category

Industrial Trade Association Services

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro industry

PRIMARYBPADANAB

Technical Committees, Working Groups & Expert Panels

Business & Public Services/International Organizations & Development/International Standards, Policy & Regulatory Cooperation

SECONDARYBPADANAD

Conformity Assessment, Testing, Inspection & Certification Cooperation

Business & Public Services/International Organizations & Development/International Standards, Policy & Regulatory Cooperation

SECONDARYEDABAIAL

Global HR, Mobility & Cross-Cultural People Ops Training

Education/Corporate Training & Professional Development/HR, Talent, DEI & People Operations Training

SECONDARYBPAIAOAD

Competition/Antitrust & Market Conduct Regulators

Business & Public Services/Public Sector & Government Administration/Regulatory Agencies & Licensing (Cross-sector)

Keywords

• Industrial federation services
• Manufacturers advocacy association
• Product certification labeling
• Trade association membership
• Youth employability programs

Headquarters

HQ city

Antananarivo

HQ country

Madagascar

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership dues: SIM generates revenue through membership fees paid by industrial companies, groups, and professional associations that join the syndicate. The organization provides representation, advocacy, technical support, training, and the Malagasy Ny Antsika labeling program in return.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

The Syndicat des Industries de Madagascar (SIM) is a nonprofit professional syndicate that represents and advocates for industrial companies operating in Madagascar. It provides membership-based services including institutional representation with government and international bodies, technical assistance, training programs, the Malagasy Ny Antsika quality certification label for local products, the Pôle Stage digital platform connecting students with industrial internships, and major events such as the CEO Summit Indian Ocean and SIAE.

Product overview

The Syndicate des Industries de Madagascar (SIM) operates as a unified platform combining advocacy representation, technical support services, and member engagement initiatives. The core offering consists of the Malagasy Ny Antsika certification label that promotes local products, supplemented by the digital Pole Stage platform for youth employment, the EXPANSION magazine for institutional communication, and signature events including the CEO Summit Indian Ocean, Rallye des Industries inter-university competition, and the SIAE international business salon. The SIM also provides SME support through its Centre de Gestion Agréé (CGA-SIM) and connects member companies through the labellised products portfolio covering agro-food, construction, mining, and chemical sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Malagasy Ny Antsika: A quality label initiative by SIM to promote locally manufactured products and encourage consumption of national products, with products audited and approved by the Bureau des Normes de Madagascar.
• CEO Summit Indian Ocean
• Pôle Stage Madagascar
• Rallye des Industries
• EXPANSION Magazine

Products and services

• Malagasy Ny Antsika Label

Quantifiable outcome

• 194 member companies as of 2025
• +4 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

27 partnerships are on record, tiered major, core, significant and supporting.

• Madagascar SAE (Société d'Appui à l'Entrepreneuriat)majorStrategic or Co-development Partner · 17 July 2026SIM reinforced its partnership with Madagascar SAE to grow industrial entrepreneurship, recognizing that industrial development relies on an ecosystem of entrepreneurs, support structures, and technical partners — not only factories and production units.
• ONUDI (United Nations Industrial Development Organization)coreStrategic or Co-development Partner · 19 June 2026ONUDI serves as Lead Partner for SIAE 2026 (Salon International des Affaires et de l'Entrepreneuriat), co-organized by SIM, MIDSP, and RED. ONUDI views the event as an operational platform where actors work together to build Madagascar's industrial fabric, and is committed to facilitating technology transfer and access to international best practices.
• Ministère de l'Enseignement Supérieur et de la Recherche Scientifique (MESupres)coreStrategic or Co-development Partner · 7 May 2026MESupres partnered with SIM on the UniPod Madagascar innovation ecosystem launch and renewed their framework partnership agreement to strengthen links between universities, research, and industry. SIM also engages MESupres on academic-industry bridges and youth employability.
• BECOMcoreStrategic or Co-development Partner · 9 April 2026BECON is co-organizer of the CEO Summit Indian Ocean 2026 alongside SIM. BECOM contributed to the scientific committee (17 experts) and overall event structuring, positioning the summit as a major regional economic dialogue platform.
• Chambre de Commerce Tunisie–Madagascar (CCTM)significantGTM or Marketing Partner · 3 April 2026CCTM is a key partner for Tunisia-Madagascar economic cooperation. CCTM President Ben Romdhane Mohamed Lhabib led a Tunisian delegation received by SIM in April 2026, and SIM is a partner in the Tunisia-Madagascar economic mission planned for February 2026.
• ACPE (Agent de Compétences et de Professionnalisation des Entreprises)supportingStrategic or Co-development Partner · 1 April 2026ACPE, a SIM member company, partnered with SIM to deliver Lean Management training to 137 students during the Pole Stage 2026 program (12th edition, April 2026).
• DHL MadagascarsupportingStrategic or Co-development Partner · 1 April 2026DHL contributed to Pole Stage 2026 training by delivering sessions on leadership, communication, and personal development for 137 students across three days.
• MEDEF RéunionsignificantGTM or Marketing Partner · 25 February 2026MEDEF Réunion conducted an economic mission to Madagascar in February 2026, meeting with SIM to discuss supply chain security, regional trade facilitation between Madagascar and La Réunion, harmonization of norms in the Indian Ocean, and potential networking/benchmarking platforms. MEDEF Réunion also made a financial contribution to GEM for cyclone relief.
• PNUD (UNDP — Programme des Nations Unies pour le Développement)coreStrategic or Co-development Partner · 1 January 2026PNUD is a confirmed institutional partner for SIAE 2026. PNUD also partners with SIM on UniPod Madagascar, an innovation ecosystem initiative, and previously collaborated on the 'Diversification de l'Economie Malagasy (DEM)' project. SIM and MESupres renewed their framework partnership agreement in the context of UniPod Madagascar.
• Union EuropéennecoreStrategic or Co-development Partner · 1 January 2026The European Union is confirmed as an institutional partner for SIAE 2026, supporting the industrialization and private sector development agenda of Madagascar through the event.
• Economic Development Board of Madagascar (EDBM)majorStrategic or Co-development Partner · 1 January 2026EDBM partnered with SIM during the CEO Summit Indian Ocean 2026, with a formalized partnership aimed at strengthening regional economic bridges and facilitating collaborative initiatives.
• Ravinala AirportssignificantGTM or Marketing Partner · 1 January 2026Ravinala Airports partnered with SIM to host the 'Malagasy Ny Antsika' product exposition at Ivato International Airport, promoting local products to travelers. Ravinala received the 'Prix de la Fierté de l'Océan Indien' award at the CEO Summit 2026.
• RED (RED Company)majorStrategic or Co-development Partner · 1 January 2026RED (RED Company) co-organizes SIAE 2026 alongside SIM and MIDSP, contributing to event strategy, partner mobilization, and the Forum des Partenaires Internationaux innovation.
• La Réunion DéveloppementmajorStrategic or Co-development Partner · 1 January 2026La Réunion Développement partnered with EDBM and SIM through the CEO Summit Indian Ocean 2026 to consolidate regional economic bridges and foster structured collaborations between Madagascar and La Réunion.
• Ministère des Affaires ÉtrangèrescoreOthers · 1 January 2026The Ministry of Foreign Affairs is an official sponsor of SIAE 2026, underlining the international diplomatic dimension of the event. SIAE 2026 is also under the High Patronage of the President of the Republic.
• Ministère de l'Économie et des FinancescoreOthers · 1 January 2026The Ministry of Economy and Finance is an official sponsor of SIAE 2026, signaling government-wide commitment to the industrialization agenda.
• Tunisia Africa Business Council (TABC)significantGTM or Marketing Partner · 1 January 2026TABC, led by M. Anis Jaziri, conducted an economic mission to Madagascar in April 2026, received by SIM. TABC promotes business connections between Tunisia and Africa, supporting SIM's trade opening objectives.
• MERCATISsupportingStrategic or Co-development Partner · 20 June 2025MERCATIS collaborated with SIM to launch the first edition of the Rallye des Industries, an inter-university competition designed to showcase local industry to students and build awareness of industrial careers.
• InnoveosupportingOthers · 8 May 2025Innoveo organized the Prix de la RSE Madagascar, a corporate social responsibility award. SIM members figured prominently among the laureates in both the 2nd (2025) and 3rd (2026) editions.
• BIANCO (Bureau Indépendant Anti-Corruption de Madagascar)supportingStrategic or Co-development Partner · 25 April 2025BIANCO partnered with SIM for training on anti-corruption management and good professional conduct as part of the Pole Stage program. SIM displays a link to BIANCO's corruption reporting platform on its website.
• Université ACEEMsupportingOthers · 1 March 2025Université ACEEM partnered with SIM through conference engagements, graduation sponsorship (promotion 'Mazava Loha' with 362 graduates), and academic-industry bridge events. SIM's President delivered lectures at ACEEM on industrial culture and career opportunities.
• FMFP (Fonds Malgache de Formation Professionnelle)supportingStrategic or Co-development Partner · 1 January 2025SIM accesses FMFP-funded training programs on behalf of its member companies, submitting applications for professional development training financed through FMFP for industrial sector employees.
• FIHARIANA (Entrepreneurship Program)supportingStrategic or Co-development Partner · 1 January 2025FIHARIANA partnered with SIM to deliver professional development programs, with 78 PMI (small and medium industries) benefiting from capacity-building initiatives under this partnership in 2024-2025.
• Centre de Gestion Agréé du SIM (CGA-SIM)coreOthers · 7 March 2024SIM operates a CGA (Approved Management Center) that supports small and medium industries with accounting, management, and regulatory compliance. The CGA-SIM collaborated with PNUD and the Ministry of Industrialization on the ODOF (One District One Factory) project for cooperative training.
• Ministère de l'Industrialisation et du Développement du Secteur Privé (MIDSP)coreStrategic or Co-development Partner · 1 January 2021MIDSP is a key institutional partner with SIM, collaborating on Pole Stage Madagascar (initiated in 2021), SIAE 2026 co-organization, and broader industrial policy dialogue. SIM engages in regular advocacy and institutional meetings with MIDSP on fiscal, customs, energy, and regulatory issues.
• Ministère du Travail, de l'Emploi et de la Fonction Publique (MTEFOP)coreStrategic or Co-development Partner · 1 January 2021MTEFOP co-initiated the Pole Stage Madagascar program with SIM in 2021, providing expertise on professional behavior, labor relations, and internship frameworks for students. MTEFOP contributes content on professional conduct during training sessions.
• Pôle Stage Madagascar (digital platform)coreStrategic or Co-development Partner · 1 January 2021SIM operates the Pole Stage Madagascar platform, a digital and in-person tool connecting students with member companies for internships and first employment. The platform is co-developed with MIDSP and MTEFOP and accessible at pole-stages-mada.mg.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Others

• Bureau des Normes de Madagascar (BNM): Madagascar's national standards body, which audits and approves products under the Malagasy Ny Antsika label. Not a peer in the membership sense, but a critical institutional counterpart whose cooperation determines the credibility and operation of SIM's flagship certification program.
• ONUDI Madagascar (UNIDO): The United Nations Industrial Development Organization's Madagascar office, confirmed as Lead Partner for SIAE 2026. ONUDI is an institutional partner and ecosystem enabler for SIM's industrial development agenda rather than a competing peer, supporting technology transfer and best-practice dissemination.

Broad incumbents

• Tanzania Private Sector Foundation (TPSF): Tanzania's apex private sector body coordinating industry associations, chambers, and trade bodies. Comparable to SIM's role as a national private-sector convener engaging with government and international partners on industrial policy and competitiveness.
• Association of Ghana Industries (AGI): Ghana's principal national industry association representing manufacturers across sectors. Comparable to SIM in mandate (industrial advocacy, member services, government liaison) and in operating as a unified voice for national industrialization, though with a much larger established member base and longer institutional history.
• Federation of Kenya Manufacturers (FKM): One of Africa's most established manufacturers' associations, providing member services including policy advocacy, training, and certification programs. Comparable to SIM as a membership-based industry federation but operating at significantly larger scale with deeper institutional resources.
• Fédération des Industries de l'Afrique de l'Est (EAC Federation of Manufacturers): A regional federation representing manufacturers across East African Community member states. Comparable to SIM as a sectoral federation that engages in policy advocacy, standards cooperation, and cross-border trade facilitation, though operating at a multi-country regional level rather than a single-country mandate.
• Organisation Internationale des Employeurs (IOE): The world's largest federation of employer organizations, representing business and employer associations globally. SIM's international advocacy posture (engaging with ONUDI, PNUD, ILO-affiliated bodies) places it within the IOE ecosystem as a national affiliate participating in global employer policy coordination.

Regional players

• Confédération du Patronat Malgasy (CPM): Madagascar's national confederation of employers that brings together sectoral federations. SIM is one of the constituent members of CPM, making CPM both a parent-like federation and a peer body coordinating cross-sectoral advocacy. Highly relevant for understanding SIM's positioning within the broader Malagasy employer ecosystem.
• MEDEF Réunion: The MEDEF (Movement of the Enterprises of France) affiliate in La Réunion. Directly comparable as a French/Indian Ocean employers' federation that has established a formal partnership with SIM for trade facilitation and harmonization of norms. Operates as both a peer and an active partner organization.

Direct peers

• Groupement des Entreprises de Madagascar (GEM): Madagascar's other major employers' federation, representing businesses across multiple sectors and engaging in public-private dialogue. GEM is the closest direct peer to SIM within Madagascar, often co-engaged on national economic policy and disaster relief (e.g., cyclone response). Both organizations compete for member mindshare and government access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutu.be/0AV6bjM9pSo
• LinkedInlinkedin.com/company/syndicat-des-industries-de-madagascar

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Syndicat des Industries de Madagascar