The Department of Industry, Ministry of Industry, Commerce and Employment in partnership with entrepreneur/Operator Mr. Sonam Chophel opened a second CSI Market in Paro. The CSI Market inaugural event was graced by Hon’ble Minister of MoICE on 9th May 2023.

The second exclusive market for local products was established to enhance market access to local producers, improve inter-business linkages and exchange business information, enhance visibility and garner patronage from customers for local products. The new market will benefit CSIs and cater to tourists too.

The first CSI Market was established in 2020 in Changzamtog, Thimphu. Over the years, it has been able to promote itself as an exclusive place for all varieties of local products with improved quality, packaging and labels. The CSI Market in Thimphu has about 600 producers supplying more than 1200 products.

The second CSI Market in Paro was established in a private house located opposite to Nemeyzampa bridge. While the Operator remodeled the private property, the Department provided support for a complete set of furnitures, equipment and fixtures required for operation of the market.

CSIs constitute more than 95% of industrial establishments in the country and contribute to employment generation, value addition of local resources and import substitution.

Improving market access for local products is one of the important components of the Startup and CSI Development Flagship Program in the 12 FYP.