Prime Minister Narendra Modi’s mission to convert job seekers into job creators has been truly put to practice by the National Small Industries Corporation that nurtures close to 60 thousand budding entrepreneurs every year.
NSIC Training-cum-Incubation Centres, now numbering 110 across country, convert raw hands into first generation entrepreneurs within three months for a small fee. They are taught skills both theoretically and through practicals to become successful small business owners.
“Turning the ‘Job seekers’ into ‘Job providers’ is the mission of NSIC Incubator centres”, CMD Ravindra Nath told SMEpost.com.
Target Group
The primary target group of these Incubation Centres is persons who would like to become an entrepreneur or have founded an enterprise. Some of the trainees also include students or ideally potential employees of start-ups, who are in need of some practical training in the industry. Then there are groups of researchers´ nearby universities who are partially financed by an industrial partner in-charge and who develop products adapted to this partner´s needs. They too form a part of the primary target group.
Self employment – the entrepreneurship way!
“With a small investment ranging from Rs one Lakh to as much as Rs 25 lakh, one can set up a small manufacturing unit that would make the person self employed and earn a decent livelihood”, CMD Ravindra Nath said. Nurturing innovative ideas, converting them into commercially viable business prepositions and encouraging commercialization of R&D outputs into commercial ventures is what NSIC Incubation Centres aims to achieve. It harnesses the expertise of NSIC in extending hand holding of start-up companies to become successful SSI enterprises.
This model of rapid incubation for entrepreneurship development is working wonders. Small projects, not very expensive, technologies which are simple to upgrade are being lapped up by enterprising individuals.
A varied range of training projects
“If we see inside , we have a socks knitting machine, a soya milk plant, fashion designing , tailoring outfits, all which are affordable project ranging between 1 Lakh rupees to may be 15-20 lakh of rupees. Entrepreneurs who have got trained here have set up their own enterprises” Nath said.
“It’s a journey from unemployment to self-employment which we enable people to travel at this incubation Centre. We are driven by our PM’s vision of berozgar-se-swarozgar”, Nath added.
120 Incubation Centres across the length & breath of the country
Since 2010 NSIC has set up 8 Incubation Centres on their own and 102 have been set up under PPP in various parts of the country. It has also helped in setting up similar incubation centres in some of the African countries.
NSIC’s own incubation centres are located at New Delhi, Rajkot, Chennai, Howrah, Hyderabed, Aligarh, Guwahati and Rajpura.
Projects in the incubation centre include Socks knitting Project, Automatic Wire Nail Manufacturing Project, ARECA Leaf Plate Manufacturing Project, Tailoring, Soft Toy Manufacturing Project, Spice Grinder Project, Beautician Course, Wood Furniture Making, Form Fill and Sealing Project (liquid), Oil Expeller Project, Flour Mill Project, Bakery Project and many more.
Satvinder Singh, Sr.General Manager (Technology) said apart from some traditional industries like Bakery, tailoring, packaging, some small industrial products like manufacturing of nails is also part of the centres. The incubation centres now provide training in Robotics, Multimedia, embedded design, unigraphics and many more.
Incubation centre are the live training projects. “First month we teach them about the theoretical aspect of entrepreneurship , then on the second month we put them on the project , the project selection by the students are done through counselling, and once when they learn about the manufacturing and working on the machines then they will go to the market and sell the product. On the third month they will come back and prepare the project report”, added Singh.
So we have tie ups with different banks as well as this program is linked with the Prime Minister Employment Guarantee Program where they can extend the credit to them, he said.
