National Small Industries Corporation Limited (Nsic)1

FACILITATING the GROWTH of SMALL ENTRPRISE SINCE 1955

NATIONAL SMALL INDUSTRIES CORPORATION LIMITED (NSIC)

Corporate information NSIC, established in 1955,

is an ISO 9001 certified company.

Operates through 9 zonal Offices, 33 Branch Offices, 14 Sub Offices, 10 NSIC Business Development Extension Offices, 5 Technical services Centres, 3 Extension Centres and 2 Software Technology Parks supported by a team of over 500 professionals spread across the country.

NSIC NETWORK

Mission of NSIC It’s mission is to promote, aid and foster the

growth of small scale industries and industry related small scale services/business enterprises in the country.

NSIC carries forward its mission to assist small enterprises with a set of specially tailored schemes designed to put them in a competitive and advantageous position.

The schemes comprise of facilitating marketing support, credit support, technology support and other support services.

Objectives of NSICStimulation & Support  

    - To develop new enterprises through financial, marketing and technology support schemes. 

Sustenance      -  Raw material supply      -  Bill Financing.      -  Human resource development. 

Growth      -  Strategic alliances with institutions.      -  International Programmes.      -  Technology information dissemination and awareness programmes. 

PROJECTS SPONSERED BY MINISTRY OF EXTERNAL AFFAIRS, GOVT. OF INDIA AND EXECUTED BY NSIC o Industrial Estate at Rajbiraj, Nepal.  o

Agricultural implements Manufacturing Project in Botswana. 

o Meter boxes and LT distribution board project in Botswana. 

oVocational Training Centre, Kabarak, Kenya. 

o Small Industries Service Centre, Mauritius. 

Cont…..o

Agriculture Handtools repairing Workshop in Mozambique.

o   Agricultural Implements and Handtools manufacturing project in the Philippines. 

oCongress Technical Institute, Kotagala, Sri Lanka.

o   Engineering Workshop, Butiama, Tanzania. 

o Pilot Weaving Centre and Common Facility Centre, Ethiopia.

o   Vocational Training Centre Mongolia   Multipurpose Training Centre, Vietnam.

FINANCES OF NSICNSIC facilitates credit requirements of

small enterprises in the following areas:Financing for procurement of Raw

Material (Short term):NSIC's Raw Material Assistance Scheme aims at helping Small Scale Industries/ Enterprises by way of financing the purchase of Raw Material (both indigenous & imported). The salient features are

Financial Assistance for procurement of Raw Materials upto 90 days.

Bulk purchase of basic raw materials at competitive rates.

NSIC facilitates import of scares raw materials. NSIC takes care of all the procedures, documentation

& issue of letter of credit in case of imports.

Finances… Financing for Marketing Activities (Short term)

NSIC facilitates financing for marketing actives such as Internal Marketing, Exports and Bill Discounting.

Finance through syndication with BanksIn 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 of the small enterprises across the country. The arrangement envisages forwarding of loan applications of the interested small enterprises by NSIC to the banks and sharing the processing fee.

Finances…Performance and Credit Rating

Scheme for small industries: NSIC is operating a Performance and Credit Rating Scheme through empanelled agencies like ICRA, ONICRA, Duns & Bradstreet(D&B), CRISIL, FITCH, CARE and SMERA. Small enterprise has the liberty to choose among any of the rating agencies empanelled with NSIC. Rating agencies will charge the credit rating fee according to their policies.

NSIC’s STRENGTHPioneer Public sector established in 1955 for

growth of small industries.Strong linkages with various sectors of industry

and industry related institutions at national and international level.

A large network of offices throughout the country.Qualified, experienced and professional

manpower.Proven track record of setting up projects in

different countries.Excellent track record in organising buyer-seller

meets, workshops / seminars and large industrial expositions of international standards.

TECHNOLOGY SUPPORTNSIC offers small units the following

support services through its Technical Services Centres and Extension Centres:

Advising on application of new techniques Material testing facilities through accredited

laboratories Product design including CAD Energy and environment services at selected

centres Classroom and practical training for skill

upgradation

NAME OF THE CENTRE & FOCUS AREA

Chennai Leather & Footware Howrah General Engineering Hyderabad Electronics & Computer Application New Delhi Machine Tools & related activities Rajkot Energy Audit & Energy Conservation activities Rajpura (Pb) Domestic Electrical Appliances Aligarh (UP) Lock Cluster & Die and Tool making

Sub units of nsicSOFTWARE TECHNOLOGY PARKS: NSIC

Software Technology Parks (STPs) facilitate small industries in setting up 100% export-oriented units for

software exports.TECHNOLOGY BUSINESS INCUBATORS: It

provides necessary facilities for the prospective entrepreneurs and start-up companies to learn product manufacturing processes coupled with technology development, business development under one roof.

SUB UNITS…SMALL ENTERPRISE ESTABLISHMENT

PROGRAME (SEEP): The objective of this scheme is to facilitate establishment of new small enterprises, selection and preparation of small projects, identification and sourcing of plant, machinery and equipments, facilitating sanction of credit facility etc in order to boost the development of small enterprises in manufacturing and services sectors.

SUB UNITS…

INTERNATIONAL COOPERATION: NSIC facilitates sustainable international partnerships. NSIC strengthens enterprise-to-enterprise cooperation, south-south cooperation and sharing best practices and experiences with other developing countries, especially those in the African, Asian and Pacific regions. The features of the scheme are:

Exchange of Business / Technology missions with various countries.

Facilitating Enterprise to Enterprise cooperation, JVs, Technology Transfer & other form of sustainable collaboration.

Explore new markets & areas of cooperation: Identification of new export markets by participating in

sector- specific exhibitions all over the world. Sharing of Indian experience with other developing

countries

NSIC’s ACTIVITIESHIRE PURCHSE AND LEASING SCHEMERAW MATERIAL ASSISTANCEWORKING CAPITAL FINANCEEXPORT DEVELOPMENT FINANCE MARKETING PROGRAMSEXHIBITION OF FAIRS AND BUYERS-SELLERS MEET.TECHNOLOGY EXPOSITIONS

NSIC’s RECOGNITIONExport Promotion Award EEPC in 1990.First prize for Energy Conservation from CII - 1991.Excellence Award in Productivity, Quality Innovation

& Management by Institute for Economic Studies, New Delhi in Oct. '1995.

"Partners-in-Progress" Award for its distinct achievement in promoting the Information Technology Park of India, Deptt. of Electronics, Government of India in June '1998.

“Corporate Excellence Award” by Amity International Business School during the year 2006-07 for acknowledging the turnaround in overall performance and quality.

NSIC’s CONTRIBUTION 68,000 Machines worth Rs. 5000 million (US $ 120

million) supplied on hire purchase and leasing. 3,00,000 Persons employed by units assisted under

Hire Purchase and Leasing. 50,000 Persons are provided assistance by various

programmes and information dissemination every year. 30% Investment in backward areas and to special

category entrepreneurs like scheduled caste / scheduled tribe, women, handicapped, ex-service personnel and technocrats.

1,200 New units are enlisted every year.  Units participated every year in trade fairs and  exhibitions

1,400  Persons from developing countries trained at project  sites. Several technology expositions and seminars organised in Kenya, Malaysia, Ethiopia, Mauritius,  Tanzania, Botswana, Philippines, Bangladesh etc