City aims to become model hub for small business growth
The Chandigarh Administration has signed several MoUs with industry partners to strengthen its MSME ecosystem. The agreements focus on infrastructure development, finance access, and mentoring networks for local entrepreneurs.
Officials emphasized that the pacts will help MSMEs adopt modern technologies and skill development, ensuring they remain competitive in an evolving market. With MSMEs contributing nearly 30% to India’s GDP, Chandigarh’s initiative aligns with the national push to empower small enterprises.
Experts say regional collaborations like this are crucial. By combining government backing with industry expertise, Chandigarh could position itself as a model MSME hub.