NSIC

The strategic objectives, for which the Corporation was established, included “to aid, counsel, assist, finance, protect and promote the interest of small industries in India.” With enactment of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, medium enterprises also came into its ambit. The Corporation has a dedicated team of professionals at all levels and operates through 123 offices located all over India and one office located at Johannesburg (South Africa). To enhance the competitiveness of micro, small & medium enterprises, NSIC provides integrated support services in the areas of Marketing, Technology, Finance, etc. NSIC is implementing the schemes of Marketing Assistance and Performance & Credit Rating on behalf of the Ministry of Micro, Small & Medium Enterprises.

The Corporation is providing assistance in the following fields

Marketing Assistance Schemes

• Single Point Registration Scheme for Government Purchase
• Raw Material Distribution
• Consortia & Tender Marketing
• Exhibition & Technology fairs
• Buyer Seller Meets

Credit Support to MSMEs

• Meeting credit needs of MSMEs through tie-up arrangements with banks
• Financing for procurement of raw material & marketing Activities

Support Services

• Performance & Credit Rating Scheme
• Promoting International Trade through NSIC’s B2B Web Portal & Infomediary Services
• Marketing Intelligence Cell
• Software Technology Parks

Technology Support

• Training in various technical trades and entrepreneurship
• Common Facility Services
• Material testing facilities
• NSIC-Training-cum-Incubation Centres (NSIC-TICs) for Small Enterprise Establishment under Public      Private Partnership (PPP) Mode
• Establishment of an E-Learning Centre at Okhla, New Delhi