The National Small Industries Corporation (NSIC) has signed a MoU with South Indian Bank (SIB) on 11th January 2016 at the head office of South Indian Bank at Thrissur, Kerala. With this MoU, South Indian Bank becomes the 33rd bank to come under NSIC’s unique umbrella of tie up arrangements with …
Tag: NSIC
Opportunities in defense are huge for the SME sector | Rajbikram S Nayar, CMD, Deco-Nayar
India has suffered numerous terrorist attacks, which resulted in significant loss of life and the disruption to a thriving economy. With growing urbanization and half the country’s population expected to live in cities, there is need to secure urban infrastructure against acts of terror. India re…
Exclusive | All eyes on Budget to empower & enable MSMEs | Ravindra Nath, NSIC MD
If one organization truly believes in the motto ‘Small is big’ it is the National Small Industries Corporation (NSIC). NSIC has worked untiringly towards making a success story of the small and medium enterprises. The ‘Mini-Ratna’ public sector enterprise under the Micro, Small and Medium Enterpr…
Exclusive | UAM, Funding & Skill Initiatives to be key drivers of MSME growth | MSME Minister Kalraj Mishra
Prime Minister Narendra Modi has decided to pursue inclusive growth with renewed vigor in the New Year so that India shines for all especially those living in six lakh villages. The key to success of this initiative is promotion of MSMEs across India in view of its huge potential for job creation…
NSIC signs MoU with Mahila Bank
National Small Industries Corporation (NSIC) has entered into a Memorandum of Understanding (MOU) with Bharatiya Mahila Bank (BMB) for facilitating credit to MSMEs. The MOU was signed on 21st December 2015 making it a 32nd bank to enter into NSIC’s unique arrangement with banks under its Bank Tie…
NSIC supply of raw materials to MSMEs registers growth
The state-owned National Small Industries Corporation Limited (NSIC), which supplies raw materials to MSMEs, facilitated 7129 units in 2015-16 as against 6450 units in the previous year, an official announcement said. NSIC, which comes under MSME Ministry, sells raw materials to MSMEs such as iro…
SMEs to drive ‘Make In India’ in defence
It is imperative for Indian SMEs to integrate themselves into the supply chains of national and international defence majors to reduce dependence on foreign supplies and gain a foothold in the international market, Union MSME Minister Kalraj Mishra said today. “India, till the recent past, …