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INTRODUCTION
COMPANY PROFILE :
The National Small Industries Corporation Ltd. (NSIC) was established in 1955 by the Government of India with a view to promote, aid and foster the growth of Small Industries in the country. NSIC continues to remain at the forefront, with its various programs and projects, to assist the small-scale sector in the country. Recent Transitions of industrial climate and liberalization arena has witnessed tremendous changes in the domestic as well as international markets. These sudden changes have thrown up as many opportunities as challenges to the small-scale enterprises in the country.
Over a period of four decades of this rescission, growth and development of small-scale sector, it has proved its strength within the country and abroad dynamically, showing its progressive attitude towards modernization, up gradation of technology, quality consciousness, strengthening linkages with large and medium scale enterprises and boosting exports of products from small enterprises. The small-scale sector continues to remain an important instrument for enterprise-building, dispersal of industries for even regional economic development and employment generation. NSIC has been successfully able to plan its assigned role in this endeavor.
Due to changed industrial scenario and gradual globalization of the economy, small-scale sector has to face stiff competition as the insulated and protected market conditions are no more going to be available to it. To enable the small-scale industry to meet this challenge, NSIC has already initiated various steps so that SSI can play their due role, even during polarization of various economic forces.
COMPANY ACTIVITIES :
NSIC provides diversified support through its wide spectrum of programs of TSC to cater to their different needs related to multi-products and multi-locations markets. It has adopted a multi-pronged approach to effectively serve the various needs of TSC. Assistance by NSIC to Small Scale Units to sell their goods and services to government departments and agencies, through 'Single Point Registration Scheme', provides a vast marketing opportunity.
The corporation also arranges indigenous as well as imported raw materials and parts to ensure that the production cycle of SSI continues without break and they are able to produce high quality products. But that's not all. There is a lot more to NSIC. The organization operates Hire purchase and Equipment Leasing Schemes for providing machinery and equipment at doorsteps of the entrepreneurs. These schemes not only have been able to generate a class of First Generation Entrepreneurs to set up enterprises with minimum investment, the schemes have also acted as stimulants to the existing entrepreneur for expansion, diversification, modernization and technology up gradation.
Through a chain of five NSIC Technical Service Centers that are located at different parts of the country, NSIC offers workshops, testing laboratories and common facilities to the entrepreneurs and their workmen are provided with avenues for skill up gradation through training in various technical trades. To encourage exports, NSIC has set up Software Technology Parks providing complete infrastructure to enable small entrepreneurs to undertake Software exports.
National Small Industries Corporation
INTRODUCTION
COMPANY PROFILE :
The National Small Industries Corporation Ltd. (NSIC) was established in 1955 by the Government of India with a view to promote, aid and foster the growth of Small Industries in the country. NSIC continues to remain at the forefront, with its various programs and projects, to assist the small-scale sector in the country. Recent Transitions of industrial climate and liberalization arena has witnessed tremendous changes in the domestic as well as international markets. These sudden changes have thrown up as many opportunities as challenges to the small-scale enterprises in the country.
Over a period of four decades of this rescission, growth and development of small-scale sector, it has proved its strength within the country and abroad dynamically, showing its progressive attitude towards modernization, up gradation of technology, quality consciousness, strengthening linkages with large and medium scale enterprises and boosting exports of products from small enterprises. The small-scale sector continues to remain an important instrument for enterprise-building, dispersal of industries for even regional economic development and employment generation. NSIC has been successfully able to plan its assigned role in this endeavor.
Due to changed industrial scenario and gradual globalization of the economy, small-scale sector has to face stiff competition as the insulated and protected market conditions are no more going to be available to it. To enable the small-scale industry to meet this challenge, NSIC has already initiated various steps so that SSI can play their due role, even during polarization of various economic forces.
COMPANY ACTIVITIES :
NSIC provides diversified support through its wide spectrum of programs of TSC to cater to their different needs related to multi-products and multi-locations markets. It has adopted a multi-pronged approach to effectively serve the various needs of TSC. Assistance by NSIC to Small Scale Units to sell their goods and services to government departments and agencies, through 'Single Point Registration Scheme', provides a vast marketing opportunity.
The corporation also arranges indigenous as well as imported raw materials and parts to ensure that the production cycle of SSI continues without break and they are able to produce high quality products. But that's not all. There is a lot more to NSIC. The organization operates Hire purchase and Equipment Leasing Schemes for providing machinery and equipment at doorsteps of the entrepreneurs. These schemes not only have been able to generate a class of First Generation Entrepreneurs to set up enterprises with minimum investment, the schemes have also acted as stimulants to the existing entrepreneur for expansion, diversification, modernization and technology up gradation.
Through a chain of five NSIC Technical Service Centers that are located at different parts of the country, NSIC offers workshops, testing laboratories and common facilities to the entrepreneurs and their workmen are provided with avenues for skill up gradation through training in various technical trades. To encourage exports, NSIC has set up Software Technology Parks providing complete infrastructure to enable small entrepreneurs to undertake Software exports.
