Siliguri, Feb. 8 -- In a significant move to strengthen micro, small, and medium enterprises (MSMEs), the Small Industries Development Bank of India (SIDBI) signed a memorandum of understanding (MoU) with the Jalpaiguri Dabgram Industries Owners' Welfare Association (JDIOWA) on Friday.

The agreement, signed at the Dabgram Industrial Park, aims to provide financial and infrastructural support to local businesses.

Established in the mid-1980s, the Dabgram Industrial Park on the southern outskirts of Siliguri houses 130 MSME units.

These businesses range from manufacturing plastic products, animal fodder, paper, toys, and batteries to fruit processing, tea processing, and milk production.

The park currently employs around 5,000 workers, ...