Manipur has 34, 293 MSME units

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Imphal: Manipur, at present, has 34, 293 Micro, Small and Medium Enterprises (MSME) units which was 1,085 units in the year 2015, commerce and industry minister Nemcha Kipgen said on Thursday.

This clearly shows that Manipur is marching ahead in the field of Industrialisation, the minister said.

Nemcha was speaking at the “One Day Workshop on Framing of Industrial and Investment Promotion Policy (IIPPM)-2022” held at the conference hall of Institute of Cooperative Management, Lamphelpat, Imphal.

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An efficient industrial and investment policy is the need of the hour to attract investment and to spur robust economic activity for industrial development in Manipur, she said.

She expressed her gratitude to chief minister N. Biren Singh for entrusting her with the responsibility to make Manipur, a hub for India’s future trade and commerce with neighbouring states and neighbouring countries, South-East Asia as Manipur is India’s Gateway to South-East Asia.

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The Industrial and Investment Promotion Policy (IIPPM)-2022 was formulated to strengthen the state government’s mission to act as facilitator to accelerate industrial development and its allied sectors in Manipur through development of infrastructure, enhancement of human resource, provision of incentives, garnering of more investments amongst others for the inclusive socio-economic development of the people of the state.

Secretary, textiles, commerce and industry, Michael Achom and director, textiles, commerce and industry, Yumnam Robita, concerned officials and stakeholders were present at the workshop.

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