Guwahati: Small and medium enterprises (SMEs) of the region can look forward to getting enlisted on NSE Emerge platform of the National Stock Exchange of India (NSE).
This was highlighted in the first NSE Investors Fair 2018 of the Northeast here on Saturday.
Nearly 20 SMEs of the region in food processing, cement, steel, agriculture and allied sectors are slated to be listed on the NSE Emerge by the next fiscal. The NSE Emerge is an ideal platform for growing companies that aim to raise capital for capital expenditure, working capital, acquisitions, research and development, marketing or any other bonafide growth requirement. The SMEs listed in this platform can move up to the main platform on achieving growth.
Assam chief minister Sarbananda Sonowal inaugurated the fair and delivered the keynote address.
"Assam has the unique advantage of being situated at a strategic geographic location, making it an ideal destination to operate business in the entire Southeast Asian region. Our government is committed to encouraging entrepreneurs to venture out in this huge market of Asean countries and bring about economic transformation in this part of the country," he said.