Presented By :-Presented By :-
Ritesh JaiswalRitesh JaiswalRoll No – 110Roll No – 110
History of NSICHistory of NSIC
National Small Industries Corporation Ltd. (NSIC), an ISO 9001 National Small Industries Corporation Ltd. (NSIC), an ISO 9001 certified company, since its establishment in 1955, has been certified company, since its establishment in 1955, has been working to fulfill its mission of promoting, aiding and fostering the working to fulfill its mission of promoting, aiding and fostering the growth of small scale industries and industry related small scale growth of small scale industries and industry related small scale services/business enterprises in the country.services/business enterprises in the country.
Over a period of five decades of transition, growth and Over a period of five decades of transition, growth and development, NSIC has proved its strength within the country and development, NSIC has proved its strength within the country and abroad by promoting modernization, upgradation of technology, abroad by promoting modernization, upgradation of technology, quality consciousness, strengthening linkages with large medium quality consciousness, strengthening linkages with large medium enterprises and enhancing exports - projects and products from enterprises and enhancing exports - projects and products from small industries.small industries.
NSIC operates through more than 120 offices, supported by a NSIC operates through more than 120 offices, supported by a team of over 500 professionals spread across the country. To team of over 500 professionals spread across the country. To manage operations in African countries, NSIC operates from its manage operations in African countries, NSIC operates from its office in Johannesburg.office in Johannesburg.
Schemes & ServicesSchemes & Services
NSIC carries forward its mission to assist small NSIC carries forward its mission to assist small enterprises with a set of specially tailored schemes enterprises with a set of specially tailored schemes designed to put them in a competitive and designed to put them in a competitive and advantageous position. The schemes comprise:-advantageous position. The schemes comprise:-
FACILITATING MARKETING FACILITATING MARKETING SUPPORT, CREDIT SUPPORT, SUPPORT, CREDIT SUPPORT, TECHNOLOGY SUPPORTTECHNOLOGY SUPPORT MEDIATORY SERVICES MEDIATORY SERVICES OTHER SUPPORT SERVICES.OTHER SUPPORT SERVICES.
Marketing Support Programme Marketing Support Programme
NSIC has been trying to act as a major agency to bring NSIC has been trying to act as a major agency to bring SMEs closer to various Governmental purchasing SMEs closer to various Governmental purchasing agencies, with the intention of creating confidence in agencies, with the intention of creating confidence in the purchasing agencies about SMEs, and their the purchasing agencies about SMEs, and their capabilities to supply goods and services of requisite capabilities to supply goods and services of requisite quality, economic prices and adherence to agreed quality, economic prices and adherence to agreed delivery schedules. delivery schedules.
Tender MarketingTender Marketing It participates in bulk local/global tender on behalf of It participates in bulk local/global tender on behalf of
Small Scale Industries/Enterprises. It is aimed at Small Scale Industries/Enterprises. It is aimed at assisting SSIs with the ability to manufacture quality assisting SSIs with the ability to manufacture quality products but which lack brand equity & credibility or products but which lack brand equity & credibility or have limited financial capabilities.have limited financial capabilities.
Technology UpgradationTechnology Upgradation Excellent technical support is provided to SSIs/SMEs through five Excellent technical support is provided to SSIs/SMEs through five
NSIC Technical Service Centres. These centres have been NSIC Technical Service Centres. These centres have been recognised by Council of Scientific and Industrial Research for in-recognised by Council of Scientific and Industrial Research for in-house R&D. NSIC has set up a Technology Transfer Centre. The house R&D. NSIC has set up a Technology Transfer Centre. The latest information is provided to on-line connections and networks latest information is provided to on-line connections and networks of computers on matching technology seekers and technology of computers on matching technology seekers and technology providers are arranged through the Technology Transfer Centre.providers are arranged through the Technology Transfer Centre.
NSIC has set up a NSIC-STP Complex under Software NSIC has set up a NSIC-STP Complex under Software Technology Parks of India (STPI). Software Technology Parks Technology Parks of India (STPI). Software Technology Parks facilitates small scale units to establish their units for the 100% facilitates small scale units to establish their units for the 100% export of software and also act as the major point to activate export of software and also act as the major point to activate software exports directly through NSIC. NSIC-STP Complex at software exports directly through NSIC. NSIC-STP Complex at Okhla, New Delhi is one of such Parks set up by the National Okhla, New Delhi is one of such Parks set up by the National Small Industries Corporation under the Software Technology Small Industries Corporation under the Software Technology Parks of India to promote small entrepreneurs in software Parks of India to promote small entrepreneurs in software development. development.
Buyer-Seller meetsBuyer-Seller meets Bulk and departmental buyers such as the Railways, Bulk and departmental buyers such as the Railways,
Defence, Communication departments and large Defence, Communication departments and large companies are invited to participate in buyer-seller companies are invited to participate in buyer-seller meets to enrich SSI unit's knowledge regarding terms meets to enrich SSI unit's knowledge regarding terms and conditions, quality standards, etc required by the and conditions, quality standards, etc required by the buyer. These programmes are aimed at vendor buyer. These programmes are aimed at vendor development from SSI units for the bulk development from SSI units for the bulk
manufacturers.manufacturers.
Hire Purchase SchemeHire Purchase Scheme Supply of indigenous and imported machinery and Supply of indigenous and imported machinery and
equipment on easy financial terms with special focus equipment on easy financial terms with special focus on women entrepreneurs, weaker sections, on women entrepreneurs, weaker sections, handicapped and ex-servicemen and SC/ST handicapped and ex-servicemen and SC/ST entrepreneurs.entrepreneurs.
Export of Products and Export of Products and ProjectsProjects
NSIC is providing a complete package of export NSIC is providing a complete package of export assistance, testing facilities, pre-shipment credit facility, assistance, testing facilities, pre-shipment credit facility, export incentives etc. apart from exposure to the products export incentives etc. apart from exposure to the products of SSEs in trade fairs, buyer and seller meets etc. The of SSEs in trade fairs, buyer and seller meets etc. The Corporation has been endeavoring to increase share of Corporation has been endeavoring to increase share of Indian industries in purchases to United Nations Indian industries in purchases to United Nations Organization, it being the largest single buyer in the world.Organization, it being the largest single buyer in the world.
The major areas of operation are:The major areas of operation are:• Export of products such as handicrafts, leather items, hand tools, Export of products such as handicrafts, leather items, hand tools,
pipes/fittings, builders hardware etc. pipes/fittings, builders hardware etc. • Supply of Small Industry projects on turnkey basis.Supply of Small Industry projects on turnkey basis.
Financing SchemeFinancing Scheme
This Scheme aims at augmenting working capital of This Scheme aims at augmenting working capital of viable and well managed units, on selective basis in viable and well managed units, on selective basis in case of emergent requirements to enable them to pay-case of emergent requirements to enable them to pay-off their purchase of consumable stores, spares and off their purchase of consumable stores, spares and production related overheads particularly electricity bills, production related overheads particularly electricity bills, statutory dues.statutory dues.
• Financing for procurement of Raw Material (Short term)Financing for procurement of Raw Material (Short term)• Financing for Marketing Activities (Short term)Financing for Marketing Activities (Short term)• Finance through syndication with Banks-Finance through syndication with Banks- In this NSIC makes arrangements of forwarding of the In this NSIC makes arrangements of forwarding of the
loan applications of the interested small enterprises to loan applications of the interested small enterprises to the banks and shares the processing fee.the banks and shares the processing fee.
Performance and Credit Rating Scheme Performance and Credit Rating Scheme for small industries for small industries
To enable small enterprises to ascertain the strengths To enable small enterprises to ascertain the strengths and weaknesses of their existing operations and take and weaknesses of their existing operations and take corrective measures to enhance their organizational corrective measures to enhance their organizational strength. NSIC is operating a Performance and Credit strength. NSIC is operating a Performance and Credit Rating Scheme through empanelled agencies like Rating Scheme through empanelled agencies like ICRA, ONICRA, Duns & Bradstreet(D&B), CRISIL, ICRA, ONICRA, Duns & Bradstreet(D&B), CRISIL, FITCH, CARE and SMERA. Small enterprise has the FITCH, CARE and SMERA. Small enterprise has the liberty to choose among any of the rating agencies liberty to choose among any of the rating agencies empanelled with NSIC. Rating agencies will charge the empanelled with NSIC. Rating agencies will charge the credit rating fee according to their policies. The benefits credit rating fee according to their policies. The benefits to small enterprises are as follows: to small enterprises are as follows:
An independent, trusted third party opinion on An independent, trusted third party opinion on capabilities and credit worthiness of SSI units. capabilities and credit worthiness of SSI units.
Good rating to enhance the acceptability of the SSI Good rating to enhance the acceptability of the SSI units with Banks. FIs, SSI's customers and buyers. units with Banks. FIs, SSI's customers and buyers.
Facilitate prompter credit decisions from Banks on Facilitate prompter credit decisions from Banks on proposals of SSI units. proposals of SSI units.
75% of the credit rating fee subject to a maximum of 75% of the credit rating fee subject to a maximum of Rs. 25,000/- will be reimbursed to the small enterprise Rs. 25,000/- will be reimbursed to the small enterprise having a turnover upto Rs.50 lakh by way of grants. having a turnover upto Rs.50 lakh by way of grants.
75% of the credit rating fee subject to a maximum of 75% of the credit rating fee subject to a maximum of Rs. 30,000/- will be reimbursed to the small enterprise Rs. 30,000/- will be reimbursed to the small enterprise having a turnover above Rs.50 lakh to Rs.200 lakh by having a turnover above Rs.50 lakh to Rs.200 lakh by way of grants. way of grants.
75% of the credit rating fee subject to a maximum of 75% of the credit rating fee subject to a maximum of Rs. 40,000/- will be reimbursed to the small enterprise Rs. 40,000/- will be reimbursed to the small enterprise having a turnover above Rs.200 lakh by way of grants. having a turnover above Rs.200 lakh by way of grants.
Technology supportTechnology support Technology is the key to enhancing a company's Technology is the key to enhancing a company's
competitive advantage in today's dynamic information age. competitive advantage in today's dynamic information age. Small enterprises need to develop and implement a Small enterprises need to develop and implement a technology strategy in addition to financial, marketing and technology strategy in addition to financial, marketing and operational strategies and adopt the one that helps operational strategies and adopt the one that helps integrate their operations with their environment, integrate their operations with their environment, customers and suppliers.customers and suppliers.
NSIC offers small units the following support services through its NSIC offers small units the following support services through its
Technical Services Centers and Extension Centers Technical Services Centers and Extension Centers
Advising on application of new techniques Advising on application of new techniques Material testing facilities through accredited laboratories Material testing facilities through accredited laboratories Product design including CAD Product design including CAD Common facility support in machining, EDM, CNC, etc. Common facility support in machining, EDM, CNC, etc. Energy and environment services at selected centres Energy and environment services at selected centres Classroom and practical training for skill upgadation. Classroom and practical training for skill upgadation.
New initiative of NSICNew initiative of NSIC
Incubation of unemployed youth for setting up Incubation of unemployed youth for setting up new small enterprisesnew small enterprises
I implementing of performance & credit rating for I implementing of performance & credit rating for small enterprisesmall enterprise
Arranging credits need for SSIArranging credits need for SSI Insurance of export credit for small enterprises.Insurance of export credit for small enterprises. Reaching out to small enterprisesReaching out to small enterprises New infrastructure project to facilitate SMEs in New infrastructure project to facilitate SMEs in
marketing their products.marketing their products. International cooperationInternational cooperation
NSIC Technical Services Centres are NSIC Technical Services Centres are located at the following placeslocated at the following places
Name of the CentreName of the Centre Focus AreaFocus Area
ChennaiChennai HowrahHowrah HyderabadHyderabad
New DelhiNew Delhi RajkotRajkot
Rajpura (Pb)Rajpura (Pb) Aligarh (UP)Aligarh (UP)
Leather & FootwareLeather & Footware General EngineeringGeneral Engineering Electronics & Computer Electronics & Computer
ApplicationApplication Machine Tools & related activitiesMachine Tools & related activities Energy Audit & Energy Energy Audit & Energy
Conservation activitiesConservation activities Domestic Electrical AppliancesDomestic Electrical Appliances Lock Cluster & Die and Tool Lock Cluster & Die and Tool
makingmaking
International SupportInternational Support
NSIC facilitates sustainable international NSIC facilitates sustainable international partnerships. The emphasis is on sustainable partnerships. The emphasis is on sustainable business relations rather than on one-way business relations rather than on one-way transactions.transactions.
The features of the scheme are:The features of the scheme are: Exchange of Business / Technology missions with Exchange of Business / Technology missions with
various countries. various countries. Facilitating Enterprise to Enterprise cooperation, Facilitating Enterprise to Enterprise cooperation,
JVs, Technology Transfer & other form of JVs, Technology Transfer & other form of sustainable collaboration. sustainable collaboration.
Identification of new export markets by Identification of new export markets by participating in sector- specific exhibitions all over participating in sector- specific exhibitions all over the world. the world.
ConclusionConclusionOn the future outlook, increasing the reach of NSIC to a On the future outlook, increasing the reach of NSIC to a
larger number of micro and small enterprise and larger number of micro and small enterprise and providing them the integrated support services will be providing them the integrated support services will be the main focus. It will be NSIC’s endeavor to the main focus. It will be NSIC’s endeavor to strengthen small enterprises to meet the demand of strengthen small enterprises to meet the demand of global competitiveness, which is the key to the future of global competitiveness, which is the key to the future of small enterprises in the present context.small enterprises in the present context.
We can now understand what are the various strategy We can now understand what are the various strategy and plans implemented by NSIC for the development and plans implemented by NSIC for the development of SSI, and also their initiatives towards the upliftment of SSI, and also their initiatives towards the upliftment of SSI in India. Thus, making them one of the of SSI in India. Thus, making them one of the corporations dedicating towards the welfare and corporations dedicating towards the welfare and development of society by means of promoting young development of society by means of promoting young entrepreneur and decreasing the level of entrepreneur and decreasing the level of unemployment through imparting guidance to unemployment through imparting guidance to unemployed youth through their training programs.unemployed youth through their training programs.
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