No menu items!
Friday, April 4, 2025

Sumit Kumar- factory worker turned successful entrepreneur with MSME-NSIC loan

Must Read

Sumit Kumar from Agra built the enterprise of his dreams named “Sumit enterprise” in 2018 which produces plastic brushes for cleaning purposes. Coming from a very humble background Sumit attained outstanding achievements as he turned from a laborer at a factory to an entrepreneur. Talking about his journey he says,   “I started my business with Rs 2 lakh. In the first 2 years, I was unable to take many orders as my products’ demand was increasing in the market but I was short of funds. I needed a loan but unfortunately, the bank refused my request.  After which I went to the MSME department and through their support I got a loan of Rs 411000 sanctioned. As of today, my half-yearly turnover is approximately Rs. 30 lakh. I have been transformed from being a laborer to an owner of a business because of NSIC MSME loan”. Ministry of MSME empowered him to become “Self-Reliant”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

MahaCollab Unites Stakeholders for Circular Textiles

The World Trade Center (WTC) Mumbai, All India Association of Industries (AIAI), and Tisser Artisans Trust jointly hosted ‘MahaCollab,’...

More Articles Like This