Media & News

A Report on MSME sector growth in the State of Uttrakhand was presented by Shri Ravindra Nath CMD, NSIC to the Hon’ble Chief Minister, Shri Harish Rawat during the Samay Udyami -2014 Awards organised by Samay News Network. The report highlights the industrial scenario of Uttrakhand ,the status of MSME sector and the problems being faced by this sector. The report also brings out various suggestions/ improvements required for the growth of MSME sector in Uttrakhand .On this occasion,the Hon`ble Chief Minister Shri Harish Rawat appreciated the role of NSIC in employment creation as also development of MSMEs through its package of Schemes and urged Shri Ravindra Nath,CMD,NSIC to set up NSIC -Incubation Centres for employment creation in different parts of the State of Uttrakhand.The Hon`ble Minister MSME (Government of Uttrakhand) and Principal Secretary ,MSME (Govt. of Uttrakahand) were also present on this occasion

NSIC observed National Unity day on 31st October 2014 . Shri A.K.Mittal, CGM(SG),NSIC administered the “Rashtriya Ekta Diwas” pledge to all the Officers and Employees of the Corporation in the spirit of unification of my country which was made possible by the vision and actions of Sardar Vallabhbhai Patel.The pledge followed collective singing of the National Anthem.

Sh. P. Udayakumar, Director (Planning & Marketing) NSIC was the key note speaker in the 5th Annual Conference on MSMEs - "Gearing up to Global Competitiveness" organised by Maharashtra Economic Development Council (MEDC) & Indian Education Society (IES) on September 10, 2014 at Bandra, Mumbai. He highlighted the emerging opportunities for the MSMEs from the futuristic areas and persuaded the MSMEs on the need for capacity build up and technology infusion. Mr. Vinod Tawade, Leader of Opposition, Maharashtra State, Cdr. Dipak Naik, President, Sh. Chandrashekar Prabhu, Director General, MEDC, Sh. Shriram Dandekar, Regional Director, MEDC and Sh. Hemraj Singh, CGM-SG(West) also participated in the event.

Sh. P. Udayakumar, Director (Planning & Marketing) NSIC participated in the India Show Exhibition in Moscow, Russia from 23rd - 26th Sept,2014 organised by M/s. FIEO, New Delhi. NSIC supported about 17 MSMEs for participation in this event under the Marketing Assistance Scheme. Mr. Rajiv Kher, IAS, Secretary (Deptt. of Commerce), Govt. of India and Sh. P.S. Raghavan, Ambassador of India to Russia are seen with Sh. P. Udayakumar, Director (Planning & Marketing) NSIC during their visit to NSIC`s Stall. H.E. Mr. Alexey Likhachev, Dy. Minister of Economic Development of the Russian Federation, H.E. Mr. S.N. Yastrebov, Governor of Yaroslavl Region, Russia, Mr. Ravi Capoor, IAS, Jt. Secretary, Deptt. Of Commerce, Govt of India, Mr. Rafeeque Ahmed, President, FIEO also visited NSIC`s Stall.

The MoU was signed between Mr. Ravindra Nath, CMD, NSIC and Dr. Tebogo Matome, CEO, Local Enterprise Authority (LEA), Botswana on 3rd October, 2014 in Gaborone, Botswana, to share their best practices for the development and growth of MSMEs in their respective countries. The MoU envisages setting up of Technology cum Business Incubator Centres, developing policies and Institutional framework for MSME development in Botswana.

Dr. Tebogo Matome, CEO, Local Enterprise Authority (LEA), Botswana meeting Shri Ravindra Nath, CMD, NSIC during his visit to Botswana. During the meeting LEA expressed interest in setting up a pilot Rapid Incubation Centre in Gaborone, Botswana on the lines of NSIC Incubation Centre at New Delhi, India as well as other avenues of the cooperation in the field of MSME sector were discussed.

NSIC organized a nationwide campaign beginning from 25th Sept.2014 at all the NSIC offices across the country. Sh. P Udayakumar, Director (Planning & Marketing) administered a "Swachhta Shapath" (Pledge) to the employees on 2nd October 2014 at the Head Office. Speaking on the occasion, Shri P.Udayakumar, Director (Planning & Marketing), NSIC stated that each one of us knows about the importance of cleanliness and Hygienic work environment which can improve the productivity considerably.He further requested that such full effort must be put by employees & their family members to involve participation of all sections of the society to bring about mass awareness and lasting behavioral change to achieve this goal and make this campaign a great success. The similar types of programme were organized and pledge was administered in all field offices of NSIC.

Shri Kalraj Mishra, Hon’ble Minister, Ministry of Micro ,Small and Medium Enterprises received a dividend cheque of Rs.15.19 crores for the year 2013-14 from Shri Ravindra Nath, CMD, NSIC in the presence of Shri Madhav Lal, Secretary, Ministry of MSME and Shri S.K.Tripathi,Joint Secretary, MSME and other officials of Ministry of MSME. Shri Ravindra Nath,CMD,NSIC informed that this is the highest dividend ever paid by NSIC.The Corporation has done an overall business of Rs. 17,444 crore in 2013-14, posting a 25% growth from its previous year, its Gross Income has gone upto Rs.418.04 crore registering a growth of 22% and Profit before Tax for the year was Rs.114.71 crore posting an increase of 24% from the previous year.

Shri P.Udayakumar, Director(P&M), NSIC delivered the Special Address in the FICCI-CMSME Summit on “MSME Prosperity: Reinvigorate the MSME Ecosystem” on 19.8.2014 in New Delhi. DPM highlighted opportunities arising out of the Government`s initiatives like Public Procurement Policy, Defence Sector (Offset & Indigenization) and FDI in Railways and other emerging sectors. He urged the MSMEs to scale up the capacity and upgrade the technology to meet the challenges.

At the First PSU Summit held at IIM Rohtak, Shri P.Udayakumar,Director(P&M),NSIC was the Panel Speaker on the Topic “Leveraging Human Capital for Global Leadership: The Practices at Indian Public Sector Enterprises”. The program was attended by eminent PSU Heads in the country.

The NSIC-IMS 2014 Premier Manufacturing Trade Exhibition (concurrent with EMMA EXPO INDIA 2014) jointly organized by the National Small Industries Corporation, IMS Foundation and Laghu Udyog Bharti ,was inaugurated by Shri Ananth Kumar, Union Minister for Chemicals & Fertilizers, Govt. of India in the presence of Shri Ravindra Nath, CMD (NSIC), Shri HVS Krishna, National President, Laghu Udyog Bharti, Mr. Walter Yeh EVP Taipei WTC & Ambassador.Shri Ravindra Nath, CMD, NSIC in his inaugural address highlighted the innovative schemes of NSIC for the growth and development of MSMEs.Over 350 exhibitors participated in this event.

NSIC set up a MSME pavilion at the 47th MOS International Trade Fair, Celje,Slovenia (10th – 15th September 2014). 18 MSMEs participated under the NSIC Banner .The participation included a range of manufacturers displaying variety of products like smartphone technology, smart home, green technology, solder wires, bars and fluxes, sheet metal parts, bangle making machines, adhesive tapes and solutions, precision components and products, document ranging and management solutions, promotional goods, textiles and accessories, handmade jewellery and related items etc.The fair was inaugurated by Hon’ble President Mr. BorutPahor of Republic of Slovenia who interacted with all the participants and was impressed by the display of Indian Small Enterprisesin this exhibition.The Indian MSMEs also participated in an interactive and match making meet organized by the Indian Embassy and local Chamber of Commerce and Industries, Slovenia.The NSIC participation was managed by Shri Gaurang Dixit,GM(SG),NSIC and Shri H.Saini,DGM(EMC),NSIC