Speed Post News Network
New Delhi : 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 labourer at a factory to an entrepreneur.
Talking about his journey, Sumit 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 market but I was short of funds. I needed a loan but unfortunately the bank refused my request. After which I went to MSME Department and through their support I got a loan of Rs 4,11,000 sanctioned. As of today, my half yearly turnover is approximately Rs 30 lakh. I have been transformed from being a labourer to an owner of a business because of (National Small Industries Corporation (NSIC) MSME loan.” Ministry of MSME empowered him to become “Self-Reliant”.