The North Eastern Development Finance Corporation Ltd. (NEDFi), was created to foster economic development of the North Eastern region by identifying, financing and nurturing eco-friendly and commercially viable industrial, infrastructure and agri-horticultural projects in the region. It has endeavored to promote a sense of professionalism in the region, involving itself not just in financing of projects, but also in empowering the entrepreneurs with the tools that go into the running of a successful business. What NEDFi delivers, therefore, is a complete package deal, which means the Corporation is one with the entrepreneurs from concept to commissioning. As a part of developmental activities NEDFi provides skill upgradation and capacity building of the rural artisans and entrepreneurs of the NER in most of the economic activities in general and handloom & handicraft in particular.
This is the seventh continuous year that this North east pavilion is being put up. This initiative was started as part of a project started in order to promote the exports of Handloom and Handicraft items from NER, NEDFi is taking the initiative with the Aggressive International Marketing Project for NER with technical help from EPCH. The project has come to a successful phase with a lot of entrepreneurs from the region entering the international arena of exports and giving a boost to the economy of the region. NEDFi has also supported and promoted potential entrepreneurs in visiting foreign International Fairs like Birmingham Fair, UK, Bangkok, Furniture Fair in Germany, Gifts Fair in Italy etc. All round development of the North Eastern Region of India is the sole mission of NEDFi. All together 18 exporters have joined the NEDFi pavilion this year from all over North Eastern states.