National small industries corporation (NSIC)

National small industries corporation

1. Presented By, Joyal George

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

3. 6 Zonal Offices 26 Branch Offices 15 Sub-offices 5 Technical Services Centres 3 Extension Centres 2 Software Technology Parks 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: R egistered SSI units get purchase preference in Government Purchase Programme, exemption from payment of Earnest Money Deposit etc. Advantages Issue of tender sets free of cost. Advance intimation of tenders issued by DGS&D. Exemption from payment of earnest money. Waiver of security deposit up to the monetary limit for which the unit registered. 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: P articipating 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: P articipating 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 Advise on application of new techniques Material testing facilities through accredited laboratories Product design including CAD Classroom and practical training for skill upgradation 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. P rovide 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)

18. Thank You