H.E Minister SMED of Zambia Mr. Elias Mubanga during his visit to NSIC Incubation Centre, applauded the efforts of NSIC in creating self-employment opportunities through the NSIC model of Incubation for job creation in the country. He showed keen interest to sign MoU with NSIC to set up Incubation Centre in Zambia. Shri. P. Udayakumar, CMD, NSIC highlighted the various initiatives of NSIC during his visit to NTSC (Okhla).

Honorable Union Minister of Micro, Small and Medium Enterprises (MSME) Narayan Rane launched Repos Pay – a Mobile Electric Charging platform and Phy-gital - a Fintech Platform at Fuelling India 2022 event in Mumbai on 15th July, 2022 in the presence of Shri P. Udayakumar, CMD, NSIC.

NSIC conferred with the Exhibition Excellence Award - 2022 in the Torchbearer category at EEA-2022 on 08th July, 2022 held at the India Expo Mart, Gr. Noida. This prestigious award has been conferred by Exhibition Showcase to recognize the significant contribution of NSIC to promote the exhibition industry on a global level. The award was received by Shri P. Udayakumar, Chairman-Cum-Managing Director & Director (P&M), NSIC in the presence of Shri Y. K Sharma, Branch Head (Noida), NSIC, Shri Masood Ahmad, Manager (Event Management Cell), NSIC, Shri Avinash, Deputy Manager (Corporate Communication), NSIC & Shri Apoorv Pandey, Deputy Manager (Event Management Cell).

Sh. P Udayakumar, Chairman-Cum-Managing Director & Director (P&M), NSIC delivered the keynote addressed on 08th July, 2022 as a Chief Guest of the inaugural function of Exhibition Excellence Awards-2022. During the inaugural session, he stated that NSIC facilitates MSMEs through integrated support services under Marketing, Technology & Finance and invited the MSMEs to come forward and avail the benefits of new initiatives of NSIC.

Shri B. B Swain, Secretary, MSME launches UdyamShakti on 29th June, 2022 at New Delhi in the presence of Shri P. Udayakumar, CMD, NSIC, Shri Gaurang Dixit, Director (Finance), NSIC Dr. Ishita.G. Tripathy, ADC (MSME), Shri S. Kozhikote, MD & CEO, SBICAP Ventures, senior officers of NSIC and Ministry of MSME. On this occasion, Secretary MSME also interacted with the national awardees and beneficiaries of PMEGP, SRI fund and Hackathon.

NTSC (Hyderabad) signs MoU with NIRDPR (National Institute of Rural Development & Panchayat Raj) under the Ministry of Rural Development & Panchayat Raj (MoRD), Government of India on 30.06.2022 at Hyderabad.Shri. A.B. Prabhu Raj, General Manager (SG) & Centre Head (NSIC-TSC), Hyderabad exchanged the MoU with Shri. Dr. M. Srikanth, Registrar, NIRDPR in the presence of Hon’ble Cabinet Minister Shri. Giriraj Singh, Ministry of Rural Development & Panchayat Raj, GoI. Also present in this occasion, Shri. Narendra Kumar, IAS, Director General of NIRDPR, Shri. K. Zimpa Bhutia, Joint Secretary, MoRD, GoI, Shri. Sandeep Sultania, IAS, Secretary, Rural Development & Panchayat Raj, Govt. of Telangana, Shri. M.A. Khan, Sr. Consultant, NIRDPR, Shri. S Kaushik, Deputy Manager and Shri. P Abdul Khader, Asst. Manager, NSIC-TSC, Hyderabad.

The Ministry of MSME , Government of India celebrated International Yoga Day 2022 on 21 June 2022 from 7.00am to 7.45 am at the NSIC Exhibition Complex , Okhla Industrial Estate ,New Delhi .The participants of the program included Shri B.B.Swain, Secretary, MSME , Shri. Shailesh Kumar Singh,AS&DC(MSME), Shri P.Udayakumar, CMD.NSIC , Shri Gaurang Dixit, Director (Finance),NSIC ,Shri Ateesh Singh, Joint Secretary, MSME and officials from the Ministry of MSME and NSIC . A Certified Yoga Instructor from the Morarji Desai Institute of Yoga conducted the Yoga Session following Common Yoga Protocol. The NSIC field offices across the country also celebrated IYD 2022 at their respective locations alongwith local Industries Association.

Mr. P.Udayakumar, Director(Planning & Marketing), NSIC assumes as additional charge of CMD NSIC with effect from 20-06-2022. He is a mechanical engineer from College of Engg. Guindy with post graduation from IIM Bangalore with 12 years of Board experience. He is an expert in MSME domain. He was part of many initiatives of ministry of MSME and NSIC growth story over 12 years. He is also Investment Committee member of PE growth fund namely SRI Fund, the Fund of Fund of Ministry of MSME. He will also be Chairman of NSIC Venture capital fund Ltd. He writes on MSME development issues .

Shri Gaurang Dixit, Director (Finance),NSIC administered World Blood Donor Day pledge on 14th June, 2022 along with NSIC employees following prevailing COVID -19 protocol guidelines. Speaking on the occasion, he stated that all employees must value Human life and create awareness amongst their family members, friends, colleagues about the importance of Voluntary Blood Donation.

NSIC (Zone South 2) signs MoU with M/s. Sugna Steels on 16.06.2022 for supply of Steel Products / TMT Bars to MSMEs. The MOU has been signed by Mr. K. Srinivas, Zonal Head, South-II, NSIC and Mr. Bharat Agarwal, CMD, M/s. Sugna Metals Ltd. Mr S. Suresh, Senior Branch Manager, NSIC(Hyderabad) was also present on the occasion.

NSIC (Dehradun) organized a Virtual Meeting with Director (Industries ) Uttarakhand recently wherein General Manager(s) of all the 13 District Industries Centre (DIC) of the state were present. During the Meeting benefits of all the NSIC schemes were explained in detail to the participants so that at the Entrepreneurs approaching DIC in each district are able to absorb effectively the benefits of NSIC schemes .The NSIC team was represented by Sh. Sanjay Rautela ,Zonal Head (North-1) ,Sh. Vidya Sagar Singh, General Manager (SG)(DSF) & Sh. Kunal Kapoor, Branch Head ,NSIC (Dehradun).

NSIC has renewed MOU agreement with Axis Bank under Bank Tie up Scheme to help MSMEs with credit facility on 16/06/2022. The MOU envisages growth and promotion of MSME Sector in the country empowering them by meeting their credit needs thereby helping them to withstand global competition. The agreement was signed by Sh. P .R.Kumar, Chief General Manager ,NSIC and Ms. A. Dubey, VP , Axis Bank in the presence of Sh. G.Dixit, Director (Finance) NSIC, Ms Himani Shali, Chief Manager and Sh.Ragunath Chief Manager.