Professional Documents
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NordriDesign
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Group Members
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Nirmal Mudaliyar
Revathi Radhakrishnan Venkatesh Mani
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4.Conclusion
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Introduction
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INTRODUCTION
NSIC, established in 1955, is an ISO 9001 certified company Operates through more than 120 offices, supported by a team of over 500 professionals spread across the country Promotes and foster the growth of small scale industries Aims at promoting modernization, upgradation of technology, quality consciousness, strengthening linkages with large medium enterprises and enhancing exports - projects and products from small industries.
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Marketing Support
Credit Support
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Support Services
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Marketing Support
Raw Material Distribution:
These arrangements are aimed at providing the raw material alongwi th financial assistance, as per the requirements of small enterprises. Consortia and Tender Marketing :
The Corporation explores the market and secures orders for bulk quantities. These orders are then distributed to small enterprises in tune with their production capacity. Single Point Registration for Government Purchase:
NSIC operates a Single Point Registration Scheme under the Government Purchase Programme
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Contd.
Participation in these events exposes small enterprises to international practices and enhances their business prowess. Buyer - Seller Meets These programmes are aimed at vendor development from small enterprises for the bulk manufacturers. Export of Projects: NSIC is a recognized Export House and is exporting projects of micro & small enterprises to other countries.
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Marketing Support
Raw Material Distribution: These arrangements are aimed at providing the raw material alongwi th financial assistance, as per the requirements of small enterprises. Consortia and Tender Marketing : The Corporation explores the market and secures orders for bulk quantities. These orders are then distributed to small enterprises in tune with their production capacity. Single Point Registration for Government Purchase: NSIC operates a Single Point Registration Scheme under the Government Purchase Programme
Marketing Support
Exhibitions and Technology Fairs:
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Participation in these events exposes small enterprises to international practices and enhances their business prowess.
Export of Projects:
NSIC is a recognized Export House and is exporting projects of micro & small enterprises to other countries.
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Technology Support
NSIC offers micro, small & medium enterprises the following support services through its Technical Services Centres and Extension Centres: Material testing facilities through accredited laboratories; Product design including CAD; Common facility support in machining, EDM, CNC, etc.; Energy and environment services at selected Centres and Practical training for skill upgradation
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Credit Support
NSIC facilitates financing for micro, small & medium enterprises in the following manner: Meeting credit needs of Micro, Small & Medium Enterprises through tie-up arrangements with Banks Financing for Procurement of Raw Material (short term) Financing for Marketing Activities (short term) Performance and Credit Rating Scheme for Small Enterprises
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Support Services
Infomediary Services Supplier database; Market intelligence; Technology providers; Information providers; Linkages with relevant institutions; E to E services; E to B services and
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Cont.
Value additions like directories of machinery makers and component manufacturers, spare capacity bulletin boards, discussion forums, virtual exhibitions, etc. Insurance of Export Credit for Micro, Small & Medium Enterprises under strategic alliance between NSIC and ECGC
International Cooperation
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Initiatives of NSIC
Incubation of unemployed youth for setting up new small enterprises Implementing of performance & credit rating for small enterprise Arranging credits need for SSI Insurance of export credit for small enterprises.
Initiatives of NSIC
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International Support
NSIC facilitates sustainable international partnerships. The emphasis is on sustainable business relations rather than on one-way transactions. 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. Identification of new export markets by participating in sector- specific exhibitions all over the world.
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Conclusion
Aims at increasing the reach of NSIC to a larger number of micro and small enterprise and providing them the integrated support services will be the main focus.
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Thank You
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