Media & News

Sh. Kalraj Mishra, Hon’ble Minister of MSME, Government of India launched the Scheme of Fund for Promoting Innovation, Entrepreneurship and Agro-Industry. This scheme has been designed by the Ministry of Micro, Small and Medium Enterprises, which has components like (i) Creation of a Technology Centres network; (ii) Capacity Building including Awards, Surveys, Studies, Exposure Visits, Engagement of Consultants including Monitoring and Evaluation etc.; (iii) Support for setting up of Livelihood Business Incubation Centres (LBIs) and Technology Incubation Centres; (iv) Accelerator Workshops; and (v) a Fund of Funds (to be managed by SIDBI) for Start-Up promotion. The idea is to provide a one stop solution to enterprise creation of innovative ideas, along with livelihood employment generation. The scheme also has the flexibility to add new components based on the experience during its implementation. During the launching ceremony, the presence of various NSIC’s incubates turned successful entrepreneurs, was also recognized by the Hon’ble Minister of MSME. Sh. Ravindra Nath, Chairman & Managing Director, NSIC informed that these trainees were trained in NSIC’s Rapid Incubation Centre in Delhi and are now successfully running their respective enterprises. Present on the occasion were Sh. Giriraj Singh, Hon’ble Minister of State for MSME, Sh. Madhav Lal, Secretary, Ministry of MSME, Sh. B.H. Anil Kumar, JS(ARI), Sh. S.N. Tripathi, JS(SME) and Sh. Ravindra Nath, Chairman and Managing Director, NSIC besides presence of large number of Government officials and industry representatives.

Sh. Kalraj Mishra, Hon’ble Union Minister of MSME, Government of India inaugurated the new building of NSIC’s Branch Office at KSSIDC Industrial Estate, Rajajinagar, Bengaluru. Spread into three floors, the new building has a dedicated reception area for MSME clients along with operational area for Branch Office at the first floor and a conference hall for meetings at second floor and is better equipped to cater to the MSMEs of the region more professionally. In Karnataka, NSIC is in the forefront of MSME development with establishments in Industrial town, Rajaji Nagar and Peenya Industrial Estate in Bengaluru, Udyambagh in Belgaum and NSIC Training Centre in Kolar. It also has three Godowns in Bengaluru for distribution of raw materials. NSIC has entered into MoUs for supply of raw materials to MSMEs with Raw material producers like NALCO & BALCO (Aluminium), HCL (Copper), CPCL (Paraffin wax), SAIL, RINL, ISPAT, JSW (Steel) at competitive rates. NSIC also facilitates import of raw materials. Applauding the role of NSIC, during the inauguration ceremony, Hon’ble Minister of MSME Sh. Kalraj Mishra said that services of NSIC in enhancing the competitiveness of MSMEs are remarkable in today’s scenario where MSMEs can play an important role in fructifying “Make in India” campaign. He urged the Corporation to further reach out to larger number of MSMEs by adopting cluster approach. Present on the occasion were Sh. Ananth Kumar, Union Minister for Chemicals & Fertilisers, Government of India Sh. Ravindra Nath, Chairman and Managing Director, NSIC, Sh. P. Udayakumar, Director (Plg.&Mkt.), NSIC besides representatives of various MSMEs Associations of the State and Government officials.

Sh. Ravindra Nath, CMD, NSIC Inaugurated 5th Women Entrepreneurs Conference on “Role of Women Entrepreneurs in Make in India Mission” organised by Delhi Management Association. While appreciating the effort of DMA in organising well themed Conference, he said such initiatives and efforts are of paramount importance, which provide an excellent opportunity by bringing together all the stakeholders on one platform for deliberations on the emerging opportunities & issues concerning women entrepreneurs in the context of Make in India. He said MSMEs make substantial contribution to Indian GDP and employment generation, therefore, empowering Women with aim to develop women entrepreneur s will have a lot of stake in Make in India Campaign. He enlightened the audience with various schemes of NSIC for MSMEs which can enhance the competitiveness of women entrepreneurs.

NSIC was Conferred “Amity Corporate Excellence Award” by Amity University for achieving the enviable position of one of the best and most admired business organizations by spearheading excellent practices that are creating value for the stakeholders. NSIC has also been honoured for the incredible contribution of the company towards achieving remarkable turnarounds through innovation, exemplary leadership and excellence in entrepreneurship.

A delegation from KFW Germany led by Mr Markus Bar, CFA, Senior Project Manager, KFW Development Bank, Germany, visited NSIC Technical Centre (Hyderabad).The KFW delegations was impressed with the facilities being provided by NSIC for creating job opportunities for the unemployed youth and the MSME sector. The delegation was received by Shri Ravindra Nath, CMD, NSIC and other officials at Hyderabad.The KFW delegation also visited North East Exhibition organised jointly by NSIC and North Eastern Handicrafts and Handlooms Development Corporation Limited, at the NSIC (Hyderabad) Exhibition Cum Marketing Development Business Park.80 MSMEs displayed their products such as Handlooms, Handicrafts, Cane Furniture’s, Jute Based items, Bamboo Basketry etc

NSIC celebrates 60 year of its foundation being in the service of MSMEs on 4th February 2015. On this occasion, CMD NSIC, Director (P&M), Senior Officers and Employees of the Corporation were also present. <a target="_blank" href="https://www.facebook.com/NSICLTD/photos/pcb.850778228293525/850777761626905/?type=1&permPage=1"> <font color="#FF6600"> Click here to view more images.</font></a>

Hon`ble Minister,MSME Shri Kalraj Mishra inaugurates Book (Vol.2) highlighting Successful Entrepreneurs of NSIC Guwahati Incubation Centre to encourage first generation entrepreneurs, youth, unemployed people to come forward and avail the benefits of NSIC Schemes and set up their own enterprises to create more employment in the country. On the occasion Shri Ravindra Nath,CMD, NSIC, Shri P. Udayakumar, Director (P&M) NSIC,Shri J.K. Mahanta,ZGM (North East) NSIC were also present. <a target="_blank" href="https://www.facebook.com/NSICLTD/photos/pcb.849805221724159/849791661725515/?type=1&theater"> <font color="#FF6600"> Click here to view more images.</font></a>

Hon`ble Minister,MSME Shri Kalraj Mishra inaugurates International Trade Fair Guwahati 2015 in the presence of Shri Ravindra Nath,CMD NSIC and Shri P.Udayakumar,Director (P&M) and Shri J.K.Mohanta ,Zonal Head ,NSIC (North East). <a target="_blank" href="https://www.facebook.com/NSICLTD/photos/pcb.849812958390052/849812281723453/?type=1&theater"> <font color="#FF6600"> Click here to view more images.</font></a>

NSIC signs MOU with Black Business Council of South Africa for promoting cooperation in the field of MSMEs. Cementing India’s cooperation with South Africa in the MSME sector, The National Small Industries Corporation Ltd.-NSIC in partnership with South Africa’s Black Business Council, will soon establish five Rapid Incubation Centres in South Africa. Addressing a gathering at the Conference on ‘Cooperation in MSME Sector’, Union Minister for MSME, Shri Kalraj Mishra said that India-South Africa cooperation is about sharing knowledge and expertise, exchange of best practices, supporting innovation and building capacity and skills. The conference was organized by NSIC and the High Commission of India in South Africa in cooperation with Black Business Council, South Africa. “As the process of industrialization expands further in South Africa, it finds greater synergy with Indian MSMEs particularly in entrepreneurship development and technological incubation in South Africa. In this reference, NSIC, a public sector enterprise with the Ministry of MSME, Government of India is signing a Memorandum of Understanding(MOU) of Cooperation in the MSME sector with Black Business Council (BBC) of South Africa for developing youth owned enterprises in South Africa,” he added. The MOU, besides cooperation in MSME sector, also focuses on BBC’s efforts to economically empower the marginalized groups in South Africa. Shri Kalraj Mishra said that South Africa as a member of SADC can be a good partner for Indian businesses. Its manufacturing and technical capabilities make it a good springboard for doing business in Africa. “Similarly, India offers South African companies an excellent location for addressing the huge domestic Indian market as well as the wider Asian market,” he said. “Some other sectors of bilateral cooperation that we are highlighting include Auto Component industry, Machine Tools industry, Leather and Leather Goods, Chemicals and Pharmaceuticals, Fruit and Food processing and Textiles, among others. These are the industries where Indian companies especially SMEs have been performing well and have made their presence felt on the global marketplace. <br> <a target="_blank" href="https://www.facebook.com/NSICLTD/photos/pcb.844851205552894/844849588886389/?type=1&theater"> <font color="#FF6600"> Click here to view more images.</font></a>

The Union Minister for Micro, Small and Medium Enterprises, (MSME) Shri Kalraj Mishra, inaugurated a “Vocational Training & Incubation Centre” setup by National Small Industries Corporation limited (NSIC) in Kigali, Rwanda on 16th January 2015. Shri Ravindra Nath, CMD NSIC was also present. CMD NSIC was accompanied by Dr. Pralay Dey, GM-SG,NSIC, Shri Binod Kumar, Chief Manager, NSIC. <br> <br> <a target="_blank" href=" https://www.facebook.com/NSICLTD/photos/pcb.841983515839663/841982245839790/?type=1&theater"> <font color="#FF6600"> Click here to view more images.</font></a>

Vocational Training and Incubation Centre inaugurated in Kigali, Rwanda by Shri Kalraj Mishra in the presence of Shri Ravindra Nath, CMD, NSIC. CMD, NSIC was accompanied by Dr. Pralay Dey, GM-SG,NSIC and Shri Binod Kumar, Chief Manager, NSIC. Hon`ble Minister MSME Shri Kalraj Mishra and CMD NSIC Shri Ravindra Nath inspected the projects placed in the Vocational Training and Incubation Centre. The Minister appreciated NSIC for the efforts put by them in setting up the Vocational Training and Incubation Centre. <br> <a target="_blank" href=" https://www.facebook.com/NSICLTD/photos/pcb.841983515839663/841982245839790/?type=1&theater"> <font color="#FF6600"> Click here to view more images.</font></a>

Honourable Minister briefed the gathering of Ministers, Officers and budding Entrepreneurs about the INDIA-RWANDA Partnership in Skill Development and its objective of gearing up for an Entrepreneurship revolution. He stated that India’s engagement with Rwanda has been consultative, response-based and focused on developing Rwandan capacities and human capital. Shri Mishra delineated the plans and schemes of the Government of India for enabling the Incubation centers to play the role expected of them in the changing economic environment and impressed upon the strategies for strengthening the Incubator Centers. He further assured that the Government, on its part is taking all steps for spreading the cult of entrepreneurship, skill development and sustenance of MSMEs. <br> <a target="_blank" href=" https://www.facebook.com/NSICLTD/photos/pcb.841983515839663/841982245839790/?type=1&theater"> <font color="#FF6600"> Click here to view more images.</font></a>