New Delhi, Oct 27 (KNN) The Government of Meghalaya has called upon MSMEs along with Financial Institutions and leaders to come forward for the industry corridor development.

The state is also planning to open a food processing hub in the state, Conrad K Sangma, chief minister, Meghalaya, has said.

He said this at the inaugural session of Innovative Financial Solutions for Micro-, Small and Medium Enterprises (MSMEs), an event held by the Associated Chambers of Commerce and Industry (ASSOCHAM) in New Delhi recently.

He added that the state had invited MSMEs, financial institutions and leaders to come forward for the industry corridor development in the North-Eastern states.

“There is immense opportunity in state of Meghalaya in the following sectors like food processing, knitting, tailoring and embroidery, carpet weaving, carpentry and furniture making, leather, blacksmith and fabrication works, etc.,” stated Sangma.

ASSOCHAM awarded nine banks and 14 MSME units in different categories like SME of the Year, Fair Business Practices, Most Promising Brands, Women Entrepreneur, Corporate Social Responsibility (CSR) Activates, Best SME Bank, Best SME Lending, Micro Lending, etc.