2. INTRODUCTION
The National Small Industries Corporation Ltd., (NSIC), is
an ISO 9001 certified company.
Established in 1955
Objective :- To fulfill its mission of promoting, aiding and
fostering the growth of small and medium enterprises in
the country.
3. To enhance the competitiveness of micro, small and
medium enterprises, NSIC provides integrated support
services under
4. Marketing Support
Consortia and Tender Marketing: To remove the
problem of execution of large tenders
Exhibitions and Technology Fairs: To showcase the
competencies of Indian SSIs and to capture market
opportunities, NSIC participates in select International and
National Exhibitions and Trade Fairs every year.
--facilitates the participation of the small enterprises by
providing concessions in rental etc.
Buyer-Seller meets: Bulk and departmental buyers such as
the Railways, Defence, and large companies are invited to
participate in buyer-seller meets to enrich small enterprises
knowledge regarding terms and conditions, quality standards,
etc required by the buyer..
5. Credit Support
Tie-up arrangements with Banks: In order to ensure
smooth credit flow to small enterprises, NSIC is entering into
strategic alliances with commercial banks to facilitate long
term / working capital financing.
Financing for Procurement of Raw Material (short
term): NSIC procures raw material from bulk producers and
distributes the same in the requisite small quantities.
Financing for Marketing Activities (Short term): NSIC
facilitates financing for marketing actives such as Internal
Marketing, Exports and Bill Discounting.
6. Technology Support
NSIC offers small enterprises the following support services through
its Technical Services Centres and Extension Centres
Advise on application of new techniques
Material testing facilities through accredited laboratories
Product design including CAD
Classroom and practical training for skill upgadation
Software Technology Cum Business Parks:
NSIC has established Software Technology
cum Business Parks at New Delhi and
Chennai for providing the space to small
and medium enterprises in software
development.
7. Training-cum-incubation-
Centres(TICS)
provide an opportunity to first generation entrepreneurs to
acquire skill for enterprise building
Incubating them to become successful small business owners.
At these centres, exposure in all areas of business operations -
business skills development, identification of appropriate
technology, hands on experience on working projects,
project / product selection, opportunity guidance including
commercial aspects of business.
In addition, low cost project technologies required for setting
up new small business enterprises are being displayed in
working condition.
8. Launched B2C e-commerce portal
Aims to help MSMEs sell their products online
Low-cost marketing platform
NSIC CMD HP Kumar mentions - will also provide necessary facilities to
prospective entrepreneurs and startups to learn processes in technology
development, business development and online product purchase among
others.