2. • 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.
Introduction
4. Functions
• Provide machinery on hire-purchase schemes to small-scale industries.
• Provide equipment leasing facility.
• Help in export marketing of the products of small-scale industries.
• Participate in the bulk purchase programme of the Government.
• Develop prototype of machines and equipment to pass on to small-scale
industries for commercial production.
5. Functions
• Distribute basic raw material among small-scale industries through raw
material depots.
• Help in development and up-gradation of technology and implementation of
modernization programmes of small-scale industries.
• Impart training in various industrial trades.
• Set up small-scale industries in other developing countries on a turn-key
basis.
• Undertake the construction of industrial estates
6. To enhance the competitiveness of micro, small and medium enterprises, NSIC
provides integrated support services under
Schemes
• Marketing
• Credit
• Technology
• Other Support Services
7. • Consortia and Tender Marketing: To remove the problem of execution of large tenders
Marketing Support
8. • Consortia and Tender Marketing: To remove the problem of execution of large tenders
• Single Point Registration for Government Purchase: Registered SSI units get purchase
preference in Government Purchase Programme, exemption from payment of Earnest Money
Deposit etc.
Advantages
o Issue of tender sets free of cost.
o Advance intimation of tenders issued by DGS&D.
o Exemption from payment of earnest money.
o Waiver of security deposit up to the monetary limit for which the unit registered.
o Issue of competency certificate in case the value of an order exceeds the monetary limit,
after due verification.
Marketing Support
9. • 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.
Marketing Support
10. • 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.
• Buyer-Seller meets: Participating in buyer-seller meets enriches small enterprises
knowledge regarding terms and conditions, quality standards, etc required by the buyer.
Marketing Support
11. • 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.
• Buyer-Seller meets: Participating in buyer-seller meets enriches small enterprises
knowledge regarding terms and conditions, quality standards, etc required by the buyer.
• Export of Products and Projects: NSIC is a recognized export house and exporting products
and projects of small industries of India to other countries.
Marketing Support
12. • Equipment Financing: The Corporation is facilitating small enterprises in securing loans for
purchase of equipment and machinery.
Credit Support
13. • Equipment Financing: The Corporation is facilitating small enterprises in securing loans for
purchase of equipment and machinery.
• 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.
Credit Support
14. • Equipment Financing: The Corporation is facilitating small enterprises in securing loans for
purchase of equipment and machinery.
• 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.
Credit Support
15. • Equipment Financing: The Corporation is facilitating small enterprises in securing loans for
purchase of equipment and machinery.
• 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.
Credit Support
16. • NSIC offers small enterprises the following support services through its Technical Services
Centres and Extension Centres
o Advise on application of new techniques
o Material testing facilities through accredited laboratories
o Product design including CAD
o Classroom and practical training for skill upgradation
o 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.
Technology Support
17. • 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.
Training-cum-incubation- Centres(TICS)