Itanagar, March 16 Arunachal Pradesh Governor K T Parnaik on Monday called upon entrepreneurs to create productive assets in areas that contribute to the state's development.
Launching the ‘Business Transformation Programme’ for MSMEs in Itanagar, he highlighted opportunities in sectors like tourism, waste management, coaching for competitive examinations, preservation of local languages, and community information and service kiosks, an official statement said.
He said that while access to finance and infrastructure is important, the growth of enterprises also depends on strengthening the capabilities of entrepreneurs.
"Skills in business planning, financial management, marketing strategies, and the adoption of modern technologies are essential for enterprises to grow, innovate, and access wider markets," the governor said.
He also welcomed the CII's proposal to establish a Multi Skill Training Institute (MSTI) in the state to provide industry-aligned training opportunities for the youth.
In Arunachal Pradesh, MSMEs are steadily expanding, with nearly 50,000 enterprises registered across sectors such as food processing, tourism and hospitality, retail services, handloom and handicrafts, construction services, and small-scale manufacturing, Parnaik said.
"These enterprises play a vital role in strengthening local economies across the districts," he said.
Parnaik said that over the past four years, the Arunachal Pradesh Innovation and Investment Park has incubated 106 startups, of which 38 per cent are led by women.