Vendor Development Programme for MSMEs Held in Wokha
ECONOMY & POLICY

Vendor Development Programme for MSMEs Held in Wokha

A two-day Vendor Development Programme (VDP) under the Raising and Accelerating Micro, Small and Medium Enterprises Performance (RAMP) scheme concluded in Wokha town on Wednesday with participation from more than 50 entrepreneurs from Wokha and Tseminyu districts. The programme was organised by YouthNet in collaboration with the Department of Industries and Commerce and Nagaland Industrial Development Corporation (NIDC) with support from the Ministry of Micro, Small and Medium Enterprises and the World Bank. The initiative aimed to create awareness among Micro, Small and Medium Enterprises (MSMEs) on vendor opportunities, government schemes, market access and avenues for business growth.

Technical sessions were conducted by representatives of the State Bank of India, Nagaland Rural Bank, YouthNet and the RAMP team. The sessions focused on vendor development, credit linkages, the Government e-Marketplace (GeM) platform and the promotion of indigenous products. Organisers also provided guidance on compliance requirements and procedures to participate in public procurement and on accessing digital sales channels.

Local entrepreneurs from Urban Grower and Tongphi Products shared their entrepreneurial journeys and practical experiences to illustrate market linkages and production challenges. Entrepreneurs representing sectors such as food processing, handloom, handicrafts, weaving, retail, agriculture and service-based enterprises attended the programme. An MSME product exhibition ran alongside the sessions to showcase locally made goods and the region's entrepreneurial talent.

Organisers said the VDP was intended to strengthen linkages between small enterprises and larger buyers, improve access to credit and digital platforms and encourage the promotion of indigenous products in wider markets. The event sought to equip participants with practical tools to scale operations and to explore vendor opportunities in both public and private procurement. Follow-up support was planned through local industry departments and YouthNet to monitor outcomes and to assist enterprises in accessing schemes and finance.

A two-day Vendor Development Programme (VDP) under the Raising and Accelerating Micro, Small and Medium Enterprises Performance (RAMP) scheme concluded in Wokha town on Wednesday with participation from more than 50 entrepreneurs from Wokha and Tseminyu districts. The programme was organised by YouthNet in collaboration with the Department of Industries and Commerce and Nagaland Industrial Development Corporation (NIDC) with support from the Ministry of Micro, Small and Medium Enterprises and the World Bank. The initiative aimed to create awareness among Micro, Small and Medium Enterprises (MSMEs) on vendor opportunities, government schemes, market access and avenues for business growth. Technical sessions were conducted by representatives of the State Bank of India, Nagaland Rural Bank, YouthNet and the RAMP team. The sessions focused on vendor development, credit linkages, the Government e-Marketplace (GeM) platform and the promotion of indigenous products. Organisers also provided guidance on compliance requirements and procedures to participate in public procurement and on accessing digital sales channels. Local entrepreneurs from Urban Grower and Tongphi Products shared their entrepreneurial journeys and practical experiences to illustrate market linkages and production challenges. Entrepreneurs representing sectors such as food processing, handloom, handicrafts, weaving, retail, agriculture and service-based enterprises attended the programme. An MSME product exhibition ran alongside the sessions to showcase locally made goods and the region's entrepreneurial talent. Organisers said the VDP was intended to strengthen linkages between small enterprises and larger buyers, improve access to credit and digital platforms and encourage the promotion of indigenous products in wider markets. The event sought to equip participants with practical tools to scale operations and to explore vendor opportunities in both public and private procurement. Follow-up support was planned through local industry departments and YouthNet to monitor outcomes and to assist enterprises in accessing schemes and finance.

Next Story
Infrastructure Urban

Puravankara Secures 14.57 Acre Parcel In Mandur Bengaluru

Puravankara has secured a 14.57-acre land parcel in Mandur, Budigere, Bengaluru, with a potential gross development value of Rs 23 billion (Rs 23 bn). Of this, seven point nine two acres will be developed under a joint development agreement, and six point six five acres have been purchased outright. The project is expected to yield one point eight million square feet (1.8 million square feet) of saleable area. The company's developable area in Bengaluru is reported at 25.61 million square feet (25.61 million square feet). The managing director said the acquisition forms part of efforts to add ..

Next Story
Infrastructure Urban

Royal Orchid Reports FY26 Results And Declares 25 Per Cent Dividend

Royal Orchid Hotels Limited announced audited financial results for the quarter and year ended 31 March 2026 and declared a 25 per cent dividend following board approval. The company, one of India’s fastest growing hospitality groups with 120 hotels nationwide, reported resilient performance driven by strategic portfolio expansion, improved operational efficiencies and robust demand across business and leisure markets. The board attributed results to steady revenue expansion and disciplined cost management. On a consolidated basis for FY26 total income rose to Rs 4.0643 billion (bn) from Rs ..

Next Story
Infrastructure Urban

Man Industries Delivers Record Margins And Strong FY26 Results

Man Industries (India) Limited (MAN Industries) reported results for the quarter and fiscal year ended 31 March 2026, delivering highest-ever standalone and consolidated EBITDA and PAT margins as the company optimised product and geographic mix and deepened its global order pipeline. Standalone revenue in the fourth quarter rose 36 per cent year-on-year to Rs 11.57 bn, while consolidated revenue grew 36.2 per cent on a like-for-like basis after adjusting for Rs 3.69 bn of one-time real estate income from Merino Shelters in the prior-year quarter. On a standalone basis FY26 EBITDA margin reache..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->