Empowering MSMEs: FACSI’s Key Contributions

The Federation of Associations of Cottage & Small Industries (FACSI) plays a vital role in fostering the growth and development of the MSME sector. It establishes strong relationships between the government—both at the central and state levels—and MSME entrepreneurs, ensuring effective collaboration and understanding. FACSI addresses critical issues affecting the sector by engaging with stakeholders and advocating for essential policy reforms.

The organization also closely monitors the implementation of various government schemes designed to benefit MSMEs, ensuring their proper execution for maximum impact. To boost international trade, FACSI facilitates the export of goods produced by MSME entrepreneurs to countries such as Nepal, Bhutan, Sri Lanka, and other neighboring nations. Its partnership with the National Association of Small & Cottage Industries of Bangladesh (NASCIB) further strengthens trade ties with Bangladesh.

In addition, FACSI keeps MSME entrepreneurs well-informed by publishing its monthly newsletter SILPONNATI, which provides valuable updates, insights, and resources essential for the sector's growth. Through these efforts, FACSI continues to empower MSMEs, enabling them to thrive in a competitive global market.

Mission-Vision

• Establishing close contacts between the Govt. both the centre and state with the MSME Entrepreneur.
• Taking up issues related to the development of MSME sector.
• Monitoring closely the implementation of various schemes meant for this sector.
• Facilitating exportable items manufactured by the entrepreneurs of the sector in countries like Nepal, Bhutan, Sri Lanka, and other neighbouring countries, and to Bangladesh through its fraternal Organisation viz, National Association of Small & Cottage Industries of Bangladesh, (NASCIB).
• Providing and circulating important and significant information pertaining to this sector through its monthly Newsletter SILPONNATI, by name.