With a View to leverage the potential of 5G technology for skill development and common facility services for MSME units an MoU was signed between the National Small Industries Corporation Limited (NSIC) and Telecommunications Consultants India Limited (TCIL) on 4th September, 2024. The MoU was signed by Sh. Kartikeya Sinha, Director (Planning & Marketing), NSIC and Sh. Arun Kumar Chaubey, Director (Project), TCIL in the presence of Dr. Subhransu Sekhar Acharya, Chairman-cum-Managing Director, NSIC, Sh. Gaurav Gulati, Director (Finance) and Sh. Surajit Mandol Director (Finance), TCIL. This MoU aims to set up 5G facilities (i.e. deployment of 5G equipment/devices/software, services, training, O&M, etc.) and use-cases to support MSME sector in terms of skill development and producing skilled workforce for MSME sector and also facilitate entrepreneurs and start-ups to provide a platform to test their products/innovations under 5G technology based common facility services. The partnership is set to harness the transformative potential of 5G technology to empower youths, MSME units and startups through cutting-edge projects and specialized training programmes to keep pace with rapid technological advancements in the competitive world. The MoU ceremony was also attended by Sh O.P.Singh (GM-Tech), Sh. Subodh Jaiswal (Sr GM-NTSC, Okhla) and Sh. Sanjay Kumar (GM) TCIL.

NSIC celebrated the National Sports Day(NSD) in its compound to commemorate the birth Anniversary of Major Dhyan Chand, the Hockey Legend. Dr. S.S. Acharya, CMD, NSIC started the NSD celebrations by administering the “Fit India Pledge” to the employees. Sh. K. Sinha, Director(P&M) and Sh. G. Gulati, Director(Fin.) along with other NSIC employees participated in the event. Games like Tennis Ball Cricket, 100 mtr Race for men & women, Lemon Race, Tug of War, Badminton etc. were organised by the Sports Club of NSIC. Employees participated in the games with full enthusiasm and enjoyed the full day event.

In order to strengthen the MSME ecosystem in Telangana, TEJAS (Telangana entrepreneur Journey for Accelerating Success) was launched on August 28, 2024 by Signing an MOU between Department of Industries and Commerce, Government of Telangana and The National Small Industries Corporation Limited (NSIC). NSIC is an ISO 9001:2015 certified Mini-Ratna Government of India Enterprise, under Ministry of MSME. The aim is to promote, aid and foster the growth of micro, small and medium enterprises in Telangana. NSIC facilitates MSMEs with a set of specially tailored schemes to enhance their competitiveness. NSIC provides integrated support services under Marketing, Technology, Finance and other Support services. NSIC supports MSMEs with Raw Material Assistance, Bill Discounting, Single Point Registration, Digital Facilitation, Credit facilitation and also facilitate materials testing and provides skill development trainings in its training centres located in the country as one in Hyderabad, in order to cater to the needs of skilled manpower of MSME Sector and to build entrepreneurship. Under the MoU, District Industries Centers located in 33 districts of Telangana State shall promote the schemes of NSIC among the MSMEs in their districts and also collaborate with NSIC for skill development activities. The MoU was signed by Dr. G. Malsur, Director, Department of Industries and commerce, Government of Telangana and Sri K. Srinivas, in the presence of Sri D. Sridhar Babu, Hon’ble Minister for IT & Industries, Government of Telangana and Dr. Subhransu Sekhar Acharya, Chairman and Managing Director, NSIC. Also present on the occasion are Sri Gaurav Gulati, Director (Fin.), Sh. Ravi kumar CGM, Sh. N.K. Subramani GM (NTSC Hyderabad) from NSIC.

The ICAI MSME & Startup Yatra 2024 was officially flagged off for the North Region from the premises of the Northern India Regional Council (NIRC) of ICAI. The event marked a significant collaboration between the Institute of Chartered Accountants of India (ICAI) and the National Small Industries Corporation (NSIC), reinforcing their commitment to the growth and empowerment of MSMEs across India. Key dignitaries present at the event included Shri Sanjay Rautela, ZGM-Delhi, NSIC, Shri Umesh Dixit, GM (NSSH), Shri Sanjay Yadav, SBM, Shri Shaminder Kardam, Dy. Manager, BO(Delhi), CA (Dr.) Raj Chawla, Vice Chairman, Committee on MSME, ICAI; Shri Abhinav Aggarwal, Chairman, NIRC of ICAI; and Shri Manoj Lamba. During the flag-off event, participants were briefed on various NSIC initiatives, including those under the National SC-ST Hub Office (NSSH), that are specifically designed to support and uplift MSMEs. These initiatives aim to provide comprehensive assistance in areas such as financial literacy, market linkages, and capacity building. The event witnessed the participation of approximately 100 individuals, including Chartered Accountants, trainees, startup founders, and entrepreneurs, all of whom are key stakeholders in the MSME ecosystem.

CMD, NSIC made a significant visit to the NSIC Technical Services Centre (NTSC), Neemka on 20th August, 2024. The CMD, along with Shri O. P. Singh, General Manager (Tech.), Head Office, review the performance of centre. Shri Sanjay Sharif, Deputy General Manager, NTSC (Neemka), briefed the various diploma engineering programs, technical courses, and Common Facility Services (CFS) activities currently being conducted at the Centre. During the visit, the CMD encouraged the officials and faculty members to continue their dedicated work in the larger interest of society. To mark the occasion, the CMD also participated in the "एक पेड़ माँ के नाम" initiative by planting a tree at NTSC Neemka, symbolizing a commitment to environmental sustainability.

CII Gujarat wing organized a convention on Ease of Doing Business at Vadodara on Aug 23, 2024. Most of the central as well as state Govt Departments / Agencies i.e NSIC, CGTMSE, Govt E Market place, NSIC Venture, DIC and state Govt officials participated in the event. The event witnessed participation of about 1000 Entrepreneurs. The various policies and schemes of participating institutions were discussed by the speakers from respective organizations. NSIC Venture Capital Fund Ltd was represented by the CEO, Mr. Sravana Kumar & NSIC was represented by Mr. P K Jha, CGM (Central Zone) and presentation given on the the growth opportunities for entrepreneurs with support from NSIC and NSIC Venture.

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Dr. Subhransu Sekhar Acharya, Chairman-Cum-Managing Director, NSIC, addressed the session on “Creating Employability in Africa for Sustainable Human Capital Growth,” held on August 22, 2024, during the 19th CII India-Africa Business Conclave in New Delhi from August 20-22, 2024. Dr. Acharya spoke about NSIC’s services in MSME development in India and other countries. He highlighted the strategic establishment of Rapid Incubation Centres and Vocational Training Centres by NSIC across various African nations. These initiatives are instrumental in empowering young entrepreneurs with the requisite skills and knowledge, thereby facilitating sustainable economic development through creation of employment opportunities. The session also featured distinguished panelists, including Mr. Puneet R. Kundal, Additional Secretary (E&SA), Ministry of External Affairs, Government of India; H.E. Mrs. Sabine Djimouko, Advisor to the President on Education, Republic of Chad; H.E. Dr. Tambo Gina, Minister of Economic Planning and Development, Kingdom of Eswatini; and H.E. Mr. Abdou Jobe, Minister for Tourism and Culture, Republic of The Gambia. The Conclave witnessed participation from over 47 African countries, with nearly 650 representatives from government and business sectors. Additionally, more than 350 representatives from the Indian industry attended the event.

Mr. Kartikeya Sinha, Director (P&M), while leading MSME delegation to Vietnam for participation in Vietfood & Beverage-Propack 2024, also called upon Dr. Madan Mohan Sethi, Consul General at the Consulate General of India in Ho Chi Minh City. Discussions were held regarding cooperation opportunities in the MSME sector between the two countries.

Mr. Kartikeya Sinha, Director (P&M), led an Indian delegation of 10 MSMEs from the food sector for participation in Vietfood & Beverage-Propack 2024, held from 8-10 August 2024, in Ho Chi Minh City, Vietnam. He was accompanied by Mr. Shashank Shekhar, Assistant Manager (International Cooperation), NSIC. The objective was to expose Indian MSMEs in Foof sector to the business opportunities in Vietnam. Dr. Madan Mohan Sethi, Consul General of India, Ho Chi Minh City along with Mr. Kartikeya Sinha, inaugurated the NSIC-MSME India Pavilion at the exhibition. The objective was to expose Indian MSMEs in the food sector to the emerging business opportunities in Vietnam.

Mr. Kartikeya Sinha, Director (P&M), while leading MSME delegation to Vietnam for participation in Vietfood & Beverage-Propack 2024, also held meetings with officials from Agency of Enterprise Development (AED), SME TAC Centre and Indian Business Chamber in Vietnam (INCHAM). These meetings focused on understanding MSMEs support programs and exploring collaboration opportunities for MSMEs in India and Vietnam.