Kanpur's Industrial Revival: MSMEs & Capital Markets Pave Way for New Era

Kanpur
N
News18•06-01-2026, 10:19
Kanpur's Industrial Revival: MSMEs & Capital Markets Pave Way for New Era
- •Kanpur, once an industrial hub, aims to regain its lost glory through MSMEs, which are now a strong engine for India's economy.
- •The city's traditional industries like leather, textile, and engineering will be strengthened with new technology, investment, and capital markets.
- •Local MSMEs are being encouraged to raise capital through IPOs for rapid expansion, moving beyond traditional bank loans.
- •NSE MD & CEO Ashish Kumar Chauhan will visit Kanpur, facilitated by MP Ramesh Awasthi, to guide industries on capital market integration.
- •The initiative seeks to re-establish Kanpur as North India's industrial model, promoting infrastructure, investment, and employment under 'Atmanirbhar Bharat'.
Why It Matters: Kanpur is set for an industrial renaissance, leveraging MSMEs and capital markets to become North India's hub.
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