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January 10th, 2018, 08:09 AM
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Join Date: Mar 2012
Re: Functions Of National Small Industries Corporation

National Small Industries Corporation Limited (NSIC) is a Mini Ratna PSU established by the Government of India in 1955.

Functions Of National Small Industries Corporation

A. Provide machinery on hire-purchase scheme to small-scale industries.

B. Provide equipment leasing facility.

C. Help in export marketing of the products of small-scale industries.

D. Participate in bulk purchase programme of the government.

E. Develop prototype of machines and equipments to pass on to small-scale industries for commercial production.

F. Distribute basic raw material among small-scale industries through raw material depots.

G. Help in development and up-gradation of technology and implementation of modernization programmes of small-scale industries.

H. Impart training in various industrial trades.

I. Set up small-scale industries in other developing countries on turn-key basis.

J. Undertake the construction of industrial estates.

Company profile:

Industry Manufacturing, Marketing, Finance, Technology, etc

Founded 1955

Headquarters
NSIC Bhawan, Okhla Industrial Estate, Delhi – 110 020, Indi


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