Turnover of Micro and small enterprises in North-East increases 54% in 2018-19

Guwahati 1st May 2019:

Small scale businesses are booming in the North-East as a report of (National Small Industries Corporation) NSIC states that business turnover of Micro & Small enterprises in the North East has increased to Rs. 171 Crores in 2018-19.

The turnover of MSEs facilitated by NSIC has seen a jump of 54%, says P. Udayakumar, Director (Planning & Marketing), NSIC.

The Director also informed that NSIC in North East has been pursuing various technical, promotional and commercial activities for promotion, development and fostering the growth of entrepreneurship.

In the North-Eastern States, NSIC is supporting and assisting the MSEs through Credit support, marketing support and skill development training to the unemployed youths through these centres.

It may be mentioned that the NSIC has trained many unemployed youths in the region in the last three years. A total of 4,732 trainees have successfully been trained in the last three years by these centers.