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By:
Akanksha Jain
2013BBA005
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.
To enhance the competitiveness of micro, small and
medium enterprises, NSIC provides integrated support
services under
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..
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.
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.
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.
 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.
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NSIC

  • 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.