Professional Documents
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Introduction Organizational Structure The Main Functions Assistance Schemes by NSIC New projects of NSIC Recommendations Conclusion
Introduction
Establishment - NSIC was set up in 1955 as a public company. NSIC is engaged in promoting & developing small Scale Industries in the country. Supply on machinery on hire purchase basis has been the most important function of NSIC. Over a period of long time of transition, growth and development, NSIC has proved its strength within the country and abroad by promoting modernization, upgradation of technology, quality consciousness, strengthening linkages with large medium enterprises and enhancing exports - projects and products from small industries.
Introduction cont
NSIC operates through more than 120 offices, supported by a team of over 500 professionals spread across the country. To manage operations in African countries, NSIC operates from its office in Johannesburg. (Data from www.nsic.co.in)
Organisational Structure
Functions
Supply machinery on the hire purchase basis. Procuring Government orders for Small Scale units. Developing Small Scale units as ancillary to large units. Arranging Marketing of products of Small Scale units & promoting exports. Importing & scare raw materials , components & parts among users in the small scale sector.
Cont .
Developing and upgrading technology particularly for projects based on wastes. Undertaking the construction of industrial estates. Providing funds to small scale industries.
Assistance by NSIC
Marketing assistance Credit Assistance Training & development programs
Marketing assistence
Marketing, a strategic tool for business development, is critical for the growth and survival of micro, small & medium enterprises. Marketing is the most important factor for the success of any enterprise. Large enterprises have enough resources at their command to hire manpower to take care of marketing of their products and services. MSME sector does not have these resources at their command and thus needs institutional support for providing these inputs in the area of marketing.
Ministry of Micro, Small & Medium Enterprises, inter-alia, through National Small Industries Corporation (NSIC), a Public Sector Enterprise of the Ministry, has been providing marketing support to Micro & Small Enterprises (MSEs) under Marketing Assistance Scheme.
International Technology Expositions / exhibitions may be organized by NSIC with a view to providing broader exposure to Indian micro, small & medium enterprises to facilitate them in exploring new business opportunities in emerging and developing markets
Space rent (Built up stall) For General Category Entrepreneurs: Micro Enterprises : 75% of the actual charges Small Enterprises : 60% of the actual charges Medium Enterprises: 25% of the actual charges For the Enterprises belonging to NE Region/ Women/ SC/ST entrepreneurs: Micro Enterprises : 95% of the actual charges Small Enterprises : 85% of the actual charges Medium Enterprises: 50% of the actual charges
For General Category Enterprises: Micro Enterprises : 75% of the actual charges Small Enterprises : 60% of the actual charges Medium Enterprises: 25% of the actual charges For the Enterprises belong to NE Region/ Women/ SC/ST entrepreneurs: Micro Enterprises : 95% of the actual charges Small Enterprises : 85% of the actual charges Medium Enterprises: 50% of the actual charges
Scale of Assistance:
Built up space would be provided by the implementing agency i.e. NSIC, to MSMEs in various domestic exhibitions at subsidised rates to enable them to exhibit their products and services. General Category Micro Enterprises : 75% Small Enterprises : 60% Medium Enterprises: 25% Enterprises belonging to NE Region/ Women / SC/ST category Micro Enterprises : 95% Small Enterprises : 85% Medium Enterprises: 50%
Micro Enterprises : 95% Small Enterprises : 85% Medium Enterprises: 50% The total budgetary support for organizing "Techmart" would normally be restricted to Rs. 75 lakhs only. The proposal exceeding this limit would require approval of the Administrative Ministry.
Buyer-Seller Meets:
Buyers-Sellers Meets are organized to bring bulk buyers / Government departments and micro, small & medium enterprises together at one platform. Bulk and departmental buyers such as the Railways, Defence, Communication departments and large companies are invited to participate in buyer-seller meets to bring them closer to the MSMEs for enhancing their marketing competitiveness. These programmes are aimed at vendor developments from micro, small & medium enterprises for the bulk manufactures
NSIC Training
START YOUR OWN TRAINING-CUM-INCUBATION CENTRE WITH NSIC's HELP
NSIC Training-cum-Incubation Centres provide an opportunity to first generation entrepreneurs to acquire skill for enterprise building and also incubating them to become successful small business owners. At these centres, exposure in all areas of business operations are being provided such as business skills development, identification of appropriate technology, hands on experience on working projects, project / product selection, opportunity guidance including commercial aspects of business