NEDFi, NSE hold workshop in Guwahati on raising growth funds for SMEs

Guwahati: The North Eastern Development Finance Corporation Ltd (NEDFi) and the National Stock Exchange of India Ltd (NSE) organised an interactive workshop in Guwahati on how small and medium enterprises (SMEs) can raise growth funds.

Senior representatives from the NSE, NEDFi, the Small Industries Development Bank of India (SIDBI), the National Small Industries Corporation (NSIC) and leading intermediaries shared their views on raising funds through capital markets.

More than 100 people attended the workshop, including industrialists, start-up entrepreneurs, SME promoters, finance professionals and capital market participants from different cities in Assam.


Lemli Loyi, Executive Director of NEDFi, said, “A strong and growing SME sector is essential for driving faster and more broad-based economic growth in Assam and North East. Access to appropriate growth capital is critical for SMEs to expand, become more competitive and contribute significantly to the State’s economic development. NEDFi remains committed to supporting enterprises in accessing diverse sources of finance and building their capacity for sustainable growth. Today’s workshop, organised in partnership with NSE, is a step in this direction and we hope it will encourage more Assam-based enterprises to become investor-ready and explore the capital markets for their growth and expansion.”

NSE Chief Business Development Officer Sriram Krishnan said, “We have been working closely with various stakeholders to support the SME sector to list on the Exchange and make public capital markets more accessible to all. Today’s highly interactive session with the support of NEDFi is a step to educate the focus group of SME entrepreneurs of the North East on the process and benefits of listing.”

As of now, 746 companies from various sectors are listed on the NSE Emerge platform. These companies have collectively raised more than ₹23,801 crore, while their total market capitalisation is approximately ₹2.4 lakh crore.