Turnover of MSEs facilitated by NSIC increases by 54% in North East

Guwahati, May 2 (KNN) Business turnover of Micro & Small enterprises (MSEs) facilitated by National Small Industries Corporation (NSIC) in the North-East has increased by 54%, according to the statistics released by NSIC.

Director of NSIC, P Udayakumar, who was on a two day visit to Assam stated that the turnover MSE’s in the region has touched Rs 171 crore in 2018-19 financial year from Rs 111 crore in the previous fiscal.

The Director also informed that NSIC in North East has been pursuing various technical, promotional & commercial activities for promotion, development & fostering the growth of entrepreneurship & MSMEs through its array of services and activities since the last couple of decades.

He also explained the benefits being extended through the training at Incubation Centers.

In 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, he mentioned.