NEHHDC Inaugurates Jewellery, Handicrafts Livelihood Business Incubator

The North Eastern Handicrafts and Handloom Development Corporation (NEHHDC) on Wednesday inaugurated the Jewellery and Handicrafts Livelihood Business Incubator (LBI) at its Bamunimaidan premises. Established under the ASPIRE Scheme of the Ministry of Micro, Small and Medium Enterprises (MoMSME), the incubator aims to foster innovation, promote rural industries, and support entrepreneurship in Northeast India. The Indian Institute of Entrepreneurship (IIE) serves as the mentor institute for this initiative.

The Indian jewellery and gemstone sector, a significant contributor to the national economy, accounts for 7 per cent of GDP and 15 per cent of merchandise exports. The LBI is designed to highlight Northeast India’s rich jewellery and handicrafts heritage while equipping artisans and entrepreneurs with modern resources, training, and infrastructure. It seeks to preserve traditional craftsmanship, expand global recognition, and create sustainable livelihoods.

Click to read more