With an objective of expanding cooperation between MSMEs of India and Slovakia, enhancing competitiveness of MSMEs of both countries and increased business connects, NSIC signed an MoU with Slovakia Business Agency (SBA) during the State visit of Hon‘ble President of India to Slovakia. The Memorandum for cooperation was signed and exchanged by Dr. Subhransu Sekhar Acharya, CMD, NSIC with Mr. Marian Letovanec, Director of the National and International Programmes Section, SBA of Slovak Republic in the presence of Her Excellency The President of India, Smt. Droupadi Murmu and His Excellency The President of Slovak Republic, Mr. Peter Pellegrini on April 09, 2025 at the Presidential Palace, Bratislava during the state visit of Her Excellency Smt. Droupadi Murmu, President of Republic of India. The MoU signing event witnessed the presence of high level Indian delegation accompanying the Hon‘ble President of India, H.E. Ms. Apoorva Srivastava, Ambassador of India to Slovak Republic, H.E.

In a walk into the Aisle of Technology, Sh. Kartikeya Sinha, Director (Planning & Marketing) led a delegation along with other NSIC officials to Taiwan during 26th – 28th March 2025, to gather first-hand information of Taiwanese hi-tech industrial solutions suitable for Indian MSMEs and to explore potential cooperation opportunities under the framework of MoU signed between NSIC and Industrial Technology Research Institute (ITRI), Taiwan. During his visit Mr. Sinha met Mr. G. J. Lee, Director General, SME and Start-up Administration, Ministry of Economic Affairs of Taiwan and he emphasized that the Taiwanese technologies have immense relevance in the current industrial manufacturing scenario of India in line with Industry 4.0. During his visit ,Mr Sinha also met Mr. Lewis Chen, General Director of Commercialization and Industry Service Centre, ITRI who expressed need for synergising with NSIC for dissemination of Taiwanese technologies to Indian MSMEs by creating possibility of developing technical centres in India. Mr. Sinha also visited the R&D facility and latest technology and manufacturing sites like Co-robot manufacturing unit, smart manufacturing demo site, CNC machine and 3-D printing manufacturing arranged by ITRI .

Resonating with the theme Accelerate Action for observing International Womens Day 2025, NSIC observed the day by organising a capacity building program for Women employees to commemorate the day. Ms. Mercy Epao, Joint Secretary, Ministry of MSME was the Chief Guest in the inaugural session which witnessed presence of Ms. Aiswarya Jain from DIPAM, Dr. Subhransu Acharya, CMD, Shri Kartikeya Sinha, Director (P&M) and Shri Gaurav Gulati, Director (Finance) besides lady employees of the Corporation. The day witnessed enlightening sessions on Leadership & excellence by Brahmakumaris, on Women centric health issues by a renowned gynaecologist and Cybersecurity issues concerning cybercrimes targeting women.

A business delegation from Tajikistan, led by Mr. Akmal Sharipov, Head of the Department of Light Industry and Sericulture, Ministry of Industry and New Technologies (MINT), Tajikistan, called on Dr. Subhransu Sekhar Acharya, Chairman-cum-Managing Director of NSIC on February 14, 2025 to explore potential collaborations in the MSME sector between NSIC and MINT, Tajikistan. The discussions primarily focused on enterprise creation, skill development, incubation, joint ventures, and the exchange of expertise especially in textile industry. During the meeting, Dr. Acharya provided an overview of NSIC’s various initiatives to promote entrepreneurship and foster the holistic growth of MSMEs in India. Also present in the discussion was Mr. Kartikeya Sinha, Director (Planning & Marketing) along with other officials of NSIC. The delegates also visited NSIC’s Livelihood Incubation Centre and Advanced Training Centre at the NSIC Technical Service Center in Okhla.

ICAI hosted the World Forum of Accountants (WOFA) at Yashobhumi, New Delhi from January 31 to February 02, 2025. During the Convention, WOFA had dedicated a full session for deliberations on aspirational MSMEs. The title of the Session was Igniting MSME Growth: Innovation, Finance, and Policy Synergy. The distinguished panel saw the participation of Shri S.C.L. Das, IAS, Secretary (MSME) who delivered the Keynote Address, besides Dr. S. S. Acharya, CMD, NSIC, Shri Sunil Kumar Chugh, CGM, MSME, Punjab National Bank, Shri Bharat Kumar Mishra, MD & CEO, SBI Global Factors Ltd. CMD, NSIC highlighted the multifaceted interventions of NSIC especially the Fund of Funds for MSMEs (SRI Fund) and market linkage efforts as well as its supply chain credit interventions.

Shri Kartikeya Sinha, Director (P&M), NSIC, hoisted the National flag on the occasion of 76th Republic Day at Corporate Office, New Delhi. The Director, in his address, passionately encouraged the employees to embrace a shared vision of excellence and innovation, urging them to channel their collective efforts towards propelling NSIC to unprecedented heights. By striving for excellence and fostering a spirit of collaboration, he emphasized the organization’s pivotal role in driving the growth and development of the MSME sector. Highlighting the immense potential of NSIC, he envisioned a future where the company not only empowers small businesses but also contributes significantly to the nation’s economic progress.

His Excellency Mr. Robert Maxian, Ambassador Extraordinary and Plenipotentiary of the Slovak Republic to India, called on NSIC and met Dr. Subhransu Sekhar Acharya, Chairman-Cum-Managing Director, NSIC on 22nd January 2025 to discuss potential avenues for cooperation in the MSME sector between NSIC and Slovakia. The discussions particularly focused in the realm of enterprise creation, skill building, incubation and entrepreneurship development. His Excellency Mr. Robert Maxian was accompanied by Ms. Simona Novosadova, Trade Commissioner, Slovak Embassy, New Delhi. During the meeting, Dr. Acharya provided an overview of the various initiatives undertaken by NSIC to promote entrepreneurship and holistic growth of MSMEs in India. Following the discussions, the delegates from Embassy of the Slovak Republic toured NSIC Advanced Training Centre in Okhla, New Delhi. His Excellency commended the centre effective approach to skill development and its contribution to empowering individuals through entrepreneurship and job creation. The discussion was facilitated by International Cooperation Division led by Mr. Sunil Tyagi, Senior General Manager (International Cooperation) & Mr. Rajiv Nath, Deputy General Manager (Head NTSC, Okhla, New Delhi).

Shri Ram Kumar Yadav, Dy. General Manager/Centre Head of NTSC Aligarh, has signed a Memorandum of Understanding (MoU) with NAPS Narora for the fourth consecutive year under the CSR Scheme. This collaboration will provide skill development training to 690 youth from Narora and surrounding areas, across 10 different courses, with a total training revenue of ?2.76 Crores for the Financial Year 2025-26. The MoU was signed in the presence of Shri A.K. Agarwal, Chairman, CSR Committee on behalf of NAPS Narora. This initiative reaffirms our commitment to empowering youth through skill development and fostering community growth.

Dr. S.S. Acharya, CMD, NSIC, along with the, Shri K. Sinha, Director (P&M), and Shri G Gulati, Director (Finance), addressed the gathering on the occasion of the New Year, extending heartfelt wishes and sharing an inspiring vision for 2025, aimed at driving growth, innovation, and success for the organisation.

Shri Kartikeya Sinha, Director (P&M), NSIC, and Shri Gaurav Gulati, Director (Finance), NSIC, met with the Hon’ble Minister of Micro, Small and Medium Enterprises (MSME), Shri Jitan Ram Manjhi, to extend their heartfelt New Year 2025 wishes. The meeting, held in New Delhi, marked the beginning of a year dedicated to the growth and empowerment of the MSME sector. During the interaction, the NSIC Directors engaged in a constructive discussion with the Hon’ble Minister on strategic initiatives to uplift the MSME sector. Recognizing MSMEs as the backbone of the Indian economy, the conversation revolved around key areas such as financial support, technological innovation, market access, and skill development programs to enhance the competitiveness and sustainability of MSMEs. Minister of MSME appreciated NSIC’s efforts in facilitating MSME growth through its various programs and encouraged the team to continue their dedication toward this sector.

Dr. Subhransu Shekar Acharya, CMD, NSIC, accompanied by Shri Gaurav Gulati, Director (Finance), NSIC and Zonal General Manager (Marketing), visited the Branch Office (BO) Raipur to review the business performance of BO Raipur and NSSHO (Ranchi).During their visit they have interacted with all the branch officials and reviewed achievements of branch office. They have motivated and guided all officials of both the branches for putting their best efforts for surpassing assigned targets during the remaining period of current financial year and also briefed about current and future roadmap of NSIC.

The National Small Industries Corporation (NSIC) has entered into a Memorandum of Understanding (MoU) with SA Engineering College, Chennai on December 23, 2024. This MoU aims for capacity building and skill development of students in various emerging Technologies like UX and UI design, Artificial Intelligence, IoT, Drone and 3D Scanning for better employability and self-employment. The MoU was signed by Mr. Rajesh Kumar, Senior General Manager,NTSC, Chennai and Mr S.Amarnath, Correspondent, SA Engineering College, Chennai.