Mizoram Launches Project to Boost MSME Sector

17 Feb 2026 CW Team

The project will mobilise support from state government departments, national agencies and financial institutions to provide both grants and concessional loans. A dedicated facilitation cell will assist entrepreneurs with registration, regulatory compliance and access to schemes for marketing and technology adoption. Training programmes will be rolled out in collaboration with technical institutes to upgrade managerial and technical skills among entrepreneurs. Special emphasis will be placed on women-led enterprises and youth entrepreneurship to promote inclusive growth.

Implementation will prioritise the development of enterprise clusters and common facility centres to reduce unit costs and foster collaboration. The administration plans to leverage digital platforms to connect producers with buyers and to facilitate e-commerce adoption among micro and small units. Efforts will include quality assurance measures and packaging support to meet external market requirements. The scheme will also encourage adoption of cleaner technologies and energy efficient processes where feasible and improve product traceability systems.

Officials anticipate the programme will spur enterprise creation, increase incomes and generate employment in manufacturing, services and value chains linked to agriculture. Monitoring mechanisms will be established to measure outcomes, with periodic reviews to recalibrate interventions and ensure accountability. Partnerships with commercial banks and microfinance organisations will aim to bridge credit gaps and reduce reliance on informal lenders. The state signalled that timely execution and stakeholder engagement will be critical to achieving sustainable economic benefits.

Mizoram has launched a new project aimed at strengthening micro, small and medium enterprises (MSME) across the state. The initiative seeks to expand access to finance, improve market linkages and modernise production to enhance competitiveness. Officials indicated that the programme will focus on enterprise incubation, skill development and targeted infrastructure support in urban and rural areas. The state administration presented the project as part of a broader strategy to diversify the local economy. The project will mobilise support from state government departments, national agencies and financial institutions to provide both grants and concessional loans. A dedicated facilitation cell will assist entrepreneurs with registration, regulatory compliance and access to schemes for marketing and technology adoption. Training programmes will be rolled out in collaboration with technical institutes to upgrade managerial and technical skills among entrepreneurs. Special emphasis will be placed on women-led enterprises and youth entrepreneurship to promote inclusive growth. Implementation will prioritise the development of enterprise clusters and common facility centres to reduce unit costs and foster collaboration. The administration plans to leverage digital platforms to connect producers with buyers and to facilitate e-commerce adoption among micro and small units. Efforts will include quality assurance measures and packaging support to meet external market requirements. The scheme will also encourage adoption of cleaner technologies and energy efficient processes where feasible and improve product traceability systems. Officials anticipate the programme will spur enterprise creation, increase incomes and generate employment in manufacturing, services and value chains linked to agriculture. Monitoring mechanisms will be established to measure outcomes, with periodic reviews to recalibrate interventions and ensure accountability. Partnerships with commercial banks and microfinance organisations will aim to bridge credit gaps and reduce reliance on informal lenders. The state signalled that timely execution and stakeholder engagement will be critical to achieving sustainable economic benefits.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..