NSIC (National Small Industries Corporation) provides support and fosters growth for small industries in India. It assists small businesses that face challenges securing capital, resources, and clearing loans. NSIC helps small businesses access raw materials at reasonable rates, register for preferential government purchasing, form consortia to bid on large contracts, export products, and participate in trade shows; promoting their competitiveness in the Indian market. Registering with NSIC gives small businesses access to these services that support their growth and success.

1. Why to Seek NSIC Consultants in
Mumbai?

2. Why to Seek NSIC Consultants in Mumbai?
The dearth of capital, scarcity of resources, outdated technology,
overdue payments, high competition and problems in clearing-up
loans are leaving the small-scale entrepreneurs at crossroads. It is
the best time for entrepreneurs to reinvent their methodologies
and utilize the available opportunities appropriately, to stay
competitive in the arena of the Indian market.
Presently, our country is on the verge of a new economic
revolution. Access to resources has become an easy affair with
different governmental schemes. NSCI (National Small Industries
Corporation) Ltd. has been working to provide support, aid and
foster the growth of small industries in the country.
NSIC comes under the Ministry of MSME (Micro, Small and
Medium Enterprises) in India, which was set up in 1955. The NSIC
is an ISO 9001 certified company, since its establishment. It has
been helping the small-scale sector through a range of schemes
designed to set up and support their growth.
After passing of MSMED (the Micro, Small and Medium
Enterprises Development) Act, 2006, NSIC has also included
medium-sized enterprises in its sphere to provide assistance
under some of its schemes.
In India, the SSI accounts for almost 40% of the total industrial
product as well as towards 35% of direct exports. NSIC has
greatly added to the growth of SSI.
NSIC acts as a facilitator to endorse the products of small
organizations and has developed a number of schemes to help
small enterprises in their promotional efforts, both in and outside
India. These schemes are:
1. Raw Material Distribution: NSIC has made arrangements with
bulk manufacturers for procuring raw materials. These
arrangements aim at providing raw materials and financial
assistance, as per the needs of small enterprises.

3. 2. Single Point Registration for Government Purchase: In this, the
registered enterprises get purchase preference, exemption from
payment of Earnest Money Deposit, etc.
3. Consortia and Tender Marketing: Micro, small & medium
organizations that face problems in procuring and executing large
orders get benefitted by NSIC. They form consortia of units
manufacturing the same products and ease out marketing issues
of small enterprises.
4. Export of Projects: NSIC is renowned for exporting projects of
micro, small and medium enterprises to other countries.
5. Technology Fairs and Exhibitions: NSIC participates in many
international and national exhibitions and trade fairs every year to
showcase the competencies of Indian SSI and to explore market
opportunities. NSIC helps small enterprises to participate by
providing concessions in rentals, etc. It exposes small enterprises
to international practices and boosts their business proficiency.
So, registering under NSIC will plunge you into the new pathway