Common Facility Centre (CFC) for Wooden Furniture Cluster at Toluvi here was progressing as per plan and would be completed as per schedule.
This was revealed during a joint inspection by Nagaland Industrial Development Corporation (NIDC) Ltd chairman Kvulo Lorin, Industries & Commerce (I&C) commissioner & secretary Shanavas C, I&C director P Tokugha Sema and senior officials from the department, NIDC Ltd, Ministry of Micro, Small and Medium Enterprises (MSME), District Industries Centre (DIC), Dimapur and Engineering Wing of Directorate of Industries & Commerce in the presence of the SPV members on January 18.
According to a statement issued by NIDC Ltd, officials were working to ensure that the project stayed on track, and were confident that they would be able to meet the deadline once the few remaining machineries were delivered, installed and commissioned.
According to NIDC, civil works were almost complete (95%), machineries were being purchased as per the Ministry of MSME’s final approval, component-wise expenditure details were checked and found to be correct, 60% of the machineries had been supplied, and order placed for the remaining machineries with some in transit.
The project represented a significant commitment of investment to the tune of Rs 10.16 crore, with the Ministry of MSME contributing 80%, and 10% each by the Government of Nagaland and the SPV–CCDS. It is expected to help local units in the furniture industry by providing access to common resources.