Kohima: Nagaland is betting big on small businesses. NIDC Chairman Kvulo Lorin identified MSMEs as the primary engines driving the state's daily economy during a World MSME Day event in Kohima on June 26. He argued these ventures fuel local innovation and job creation.
The Department of Industries and Commerce hosted the event alongside the Nagaland Industrial Development Corporation Limited. Lorin pushed for a blend of tech and human focus. He said, "Whether we are developing new physical infrastructure, expanding institutional capacities, or scaling local businesses, the goal is always the same: integrating modern, technically advanced solutions while keeping the human element at the core of our growth."
The World Bank-backed RAMP scheme is central to this mission. Launched in 2024, the initiative aims to open new markets and financial doors for local operators. Official figures show 49,000 MSMEs have already benefited. More than 35,000 entrepreneurs received training, with 30,000 women receiving specific support across 16 districts.
Lorin emphasized that inclusive growth remains the priority. Efforts have reached 55 subdivisions and 63 RD Blocks through 882 workshops. Success depends on partnerships with groups like NSRLM, NIELIT, and NBDA. These organizations provide the training and technical skills needed to compete. Lorin called for a push toward a resilient, competitive sector to help reach the Viksit Bharat 2047 vision.
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