Started with an aim to support and promote MSMEs in the commercial facets, the NSIC works effectively for the development of Micro, Small and Medium Enterprises. NSIC reaches out to more than 1.5 lakhs MSMEs directly and is managing a database of the same across India. PSUs are making compulsory procurements of 20% via MSMEs, and NSIC will enable these small entities to go digital through modern initiatives. As technology is developing day by day is becoming one of the growth factors for the development of MSMEs. Startups and small scale industries require expanding their technology strategy and strength in addition to financial, operational and marketing tactics.
Urging of Technology banks
To fulfill the technological needs of SMEs, NSIC is planning to create a technology bank that will be having an entire list of software and hardware essential for the functioning of small scale industries. Any small & Medium Enterprises desire to obtain a product can get it in the data bank which will be generated soon. Every procurement of products done through registration by vendors in the same portal.
The existing B2B portal which NSIC owns will also be scaled up. As technology is turning into a key need of micro and small businesses, this portal can be an aggregation of services. Many SMEs are unaware of which era to shop for both in terms of IT and in phrases of equipment. Our technology bank will provide them a huge kind of option in an effort to paintings as an advisory for them. The same can also be enabled with online price gateways.
In addition to this, NSIC has also set up Software Technology cum Business Parks at New Delhi and Chennai for supplying area to small and medium organizations in software development and to IT/ITES/MSME devices no longer registered with STPI or units which are falling under the overall definition of MSME as consistent with the recommendations of Ministry of Micro, Small and Medium Enterprises.
Upcoming Campaigns
Some of the key sports of the discussion board are to reach out to as many industry institutions as possible via 160 places of work of the organization across India. Some of the opposite plans consist of growing and facilitating business enterprise-to-enterprise cooperation, joint ventures for MSMEs in each home and global markets. We are making plans to conduct everyday occasions and classes for diverse associations and will provide economic help for the forums.