(A Government of India Enterprise)
Facilitating the Growth of Small Enterprise since 1955
NSIC paid a dividend to Government of India
The National Small Industries Corporation Limited (NSIC), a Mini Ratna enterprise under the Ministry of MSME, paid a dividend of ₹43.89 crore to the Government of India for the financial year 2024-25. The dividend cheque was presented by Dr. Subhransu Sekhar Acharya, CMD, NSIC to Shri Jitan Ram Manjhi, Hon'ble Union Minister of MSME and Sushri Shobha Karandlaje, Hon'ble MoS, Ministry of MSME, in the presence of Shri S.C.L. Das, Secretary, Ministry of MSME, Ms. Mercy Epao, JS (SME), Shri Kartikeya Sinha, Director (P&M), NSIC and other senior officials from Ministry and NSIC. Dr. Acharya highlighted NSIC's financial milestones, including a revenue of ₹3,431 crore and Profit after Tax (PAT) of ₹146.30 crore, up by 15.60% from the previous year. The Hon'ble Minister applauded NSIC's efforts in empowering MSMEs through integrated support services, and both leaders expressed confidence in NSIC's continued role in fostering enterprise creation and skill development.
29 Oct 2025A conclave on “Accelerating MSME Growth Across ASEAN” was held during SME Ventures@ASEAN 2025 in Kuala Lumpur, Malaysia
A conclave on “Accelerating MSME Growth Across ASEAN” was held during SME Ventures@ASEAN 2025 in Kuala Lumpur, Malaysia, bringing together senior representatives from ASEAN and international organizations to deliberate on policies and initiatives to enhance MSME competitiveness, innovation, and regional integration. Dr. S.S Acharya, CMD, NSIC, participated as a distinguished panelist in the discussion, which also included sr. officials from SME Corp. Malaysia, the Enterprise Development Board (DARe), Brunei, the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), and the IFC. During the session, Dr. Acharya shared insights on India’s MSME development framework and highlighted NSIC’s initiatives in promoting entrepreneurship, access to finance, technology upgradation, and global market linkages. He underlined India’s massive digitalization drive that has paved the way for faster and more transparent credit dispensation through end-to-end digitization.
More Details..! 21 Oct 2025NSIC and SME Corporation Malaysia formalized a Memorandum of Understanding (MoU) to deepen SME cooperation
NSIC and SME Corporation Malaysia, a government agency under Malaysia’s Ministry of Entrepreneur and Cooperatives Development formalized a Memorandum of Understanding (MoU) to deepen SME cooperation. The MoU was signed in the distinguished presence of YB Datuk Ewon Benedick, Minister of Entrepreneur and Cooperatives Development, Malaysia along with senior officials from the High Commission of India in Malaysia. This MoU marks a new chapter in India–Malaysia MSME cooperation, translating high-level intent into structured programs for growth, innovation, and cross-border trade.
17 Oct 2025The SME Ventures @ ASEAN 2025 in Kuala Lumpur
The SME Ventures @ ASEAN 2025 event was inaugurated by Datuk Seri Dr. Ahmad Zahid Hamidi, Deputy Prime Minister of Malaysia, at the Malaysia International Trade & Exhibition Centre (MITEC) in Kuala Lumpur. The event also saw the presence of Datuk Ewon Benedick, Minister of Entrepreneur and Cooperatives Development. Under the aegis of NSIC, seven Indian enterprises took part in the event, using the platform to exhibit their products and engage in regional industry dialogues. On the sidelines, the Dr. S.S Acharya, CMD, NSIC held substantive discussions with Mr. Rizal bin Dato’ Nainy, CEO of SME Corp Malaysia Talks focused on fast-track initiatives and collaborative programmes that can be rolled out immediately to benefit SMEs from both nations.
17 Oct 2025NSIC Forms strategic Alliance with Bank of Baroda to Support MSME Financing
Towards facilitating availability, accessibility & affordability of credit to MSMEs, National Small Industries Corporation (NSIC) entered into Memoranda of Understanding (MOU) with Bank of Baroda on 10th October, 2025 at MSME Conclave held at Bengaluru under its MSME Credit facilitation program. The Occasion witnessed august presence of Sushri Shobha Karandlaje, Hon’ble Minister of State for MSME, Govt of India. The MoU was exchanged between Shri V Raghunath, Dy. General Manager (Finance), NSIC and Shri Dhrubashish Bhattacharya General Manager (MSME &Co-Lending) in the presence of Dr. S. S. Acharya, CMD, NSIC, Ateesh Kumar Singh, Joint Secretary, Ministry of MSME and senior official from KASSIA.
15 Oct 2025MSME Marketing Conclave on 10th October 2025 at the KASSIA Conference Hall, Bangalore
A MSME Marketing Conclave was organized by NSIC, under the Trade Enablement & Marketing (TEAM) initiative of Ministry of MSME under the RAMP program on 10-Oct-2025 at the KASSIA Conference Hall, Bangalore. The Conclave was graced by Sushri Shobha Karandlaje, MOS, Ministry of MSME, as the Chief Guest. The other dignitaries present included Dr. Subhransu Sekhar Acharya,CMD NSIC, Sh. Ateesh Kumar Singh, JS-AFI, Ministry of MSME & Sh. Ninganna S. Biradar, VP, KASSIA. Addressing the gathering, Sushri Shobha Karandlaje, MOS of MSME, stated that the MSME sector is contributing 40 percent to the total exports meeting and serving the needs of all sectors, including agriculture, food, defence, space and artificial intelligence. Speaking on the occasion, Dr. S.S. Acharya, CMD NSIC stated that the success of a sustainable MSME sector rested on strengthening three key pillars - enterprise creation, technology & skills, credit availability and market linkages.
More Details..! 15 Oct 2025MSME Marketing conclave held in Bangalore
In order to sensitise the industries in the MSME sector and build awareness about marketing avenues available more particularly in digital space, The MSME Marketing Conclave was organised by National Small Industries Corporation (NSIC), Bengaluru under the Trade Enablement & Marketing (TEAM) initiative of Ministry of MSME under the (Raising and Accelerating MSME Performance) RAMP programme on 10.10.2025 at the KASSIA Conference Hall, Bangalore. The Conclave was graced by Sushri Shobha Karandlaje, Hon’ble Minister of State, Ministry of MSME, as the Chief Guest and other dignitaries present included the Sh. Ateesh Kumar Singh, Joint Secretary-AFI, Ministry of MSME., Dr. Subhransu Sekhar Acharya, Chairman-cum-Managing Director, NSIC and Sri Ninganna S. Biradar, Vice-President, Karnataka Small Scale Industries Corporation (KASSIA).
11 Oct 2025Valedictory Session for Online Training Programs conducted by NSIC for Officials from the Ministry of Industry, Myanmar under the ITEC Programme
NSIC, under the ITEC Programme of the Ministry of External Affairs, conducted a series of online trainings for officials from Myanmar Ministry of Industry. Covering nine technical courses—including Mechatronics, CNC, CAD/CAM, Digital Marketing, and Web Development etc., these training programs were conducted from January 13 to September 29, 2025. To mark the successful completion of these programs, a virtual Valedictory Session was held on September 29, 2025. The session featured addresses by Dr. Subhransu Sekhar Acharya, Chairman and Managing Director, NSIC, Mr. Kartikeya Sinha, Director (P&M), NSIC, along with senior officials from the Govt. of India and Myanmar. Dr. Acharya congratulated the trainees and awarded them E-certificates in recognition of their successful completion of the training. During the session, participants from Myanmar expressed their appreciation for the training and shared their learning experiences, commending the structured and effective delivery of courses
03 Oct 2025The 70th Annual General Meeting (AGM) of National Small Industries Corporation Ltd. (NSIC) was held on 30th Sept. 2025
The 70th Annual General Meeting (AGM) of National Small Industries Corporation Ltd. (NSIC) was held on 30th Sept. 2025 at the registered office of the company at New Delhi. Dr. Subhransu Sekhar Acharya, CMD (NSIC) shared brief highlights of the year which included highest ever performance of the Company. NSIC, aligned with its mission, is dedicated to opening new avenues for the support, growth and empowerment of MSMEs. NSIC envisions facilitating access to advanced technology, fostering skill development, and broadening the outreach of Government of India initiatives to benefit a larger MSME ecosystem. The AGM was attended by the shareholders, all Directors including Govt. Nominee Directors, Statutory & Secretarial Auditor(s) and other senior officials of the Company.
01 Oct 2025CMD, NSIC and H.E. Ambassador of Egypt to India jointly inaugurate the MSMEDA Egypt Pavilion at UPITS 2025
In furtherance of the strengthening partnership between NSIC and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) of Egypt, under the framework of MoU signed last year, a MSMEDA Egypt Pavilion has been arranged at the UP International Trade Show (UPITS) 2025 being held from September 25-29, 2025 at the India Expo Centre & Mart, Greater Noida. The pavilion showcases the participation of five Egyptian enterprises at UPITS 2025. The initiative aims to provide Egyptian MSMEs with exposure to the Indian market while fostering opportunities for collaboration, networking, and bilateral trade. UPITS is a flagship event of the Govt. of UP, organized in collaboration with India Exposition Mart Limited (IEML). This year’s edition was formally inaugurated by the Hon’ble Prime Minister of India, Shri Narendra Modi. The MSMEDA Egypt Pavilion was jointly inaugurated by Dr. Subhransu Sekhar Acharya, CMD, NSIC and His Excellency Mr. Kamel Zayed Galal, Ambassador of Egypt to India.
29 Sep 2025एमएसएमई के विकास के लिये खादी एवं ग्रामोद्योग आयोग और राष्ट्रीय लघु उद्योग निगम के बीच ऐतिहासिक समझौता ज्ञापन
माननीय केंद्रीय मंत्री एमएसएमई, श्री जीतन राम मांझी, माननीय राज्य मंत्री, एमएसएमई, सुश्री शोभा करंदलाजे, अध्यक्ष केवीआईसी, श्री मनोज कुमार जी, सचिव एमएसएमई और अन्य गणमान्य व्यक्तियों की उपस्थिति में खादी एवं ग्रामोद्योग आयोग की मुख्य कार्यकारी अधिकारी श्रीमती रूपराशि और NSIC के अध्यक्ष एवं प्रबंध निदेशक डॉ. एस.एस. आचार्या ने वाराणसी में सेवा पर्व के अवसर एक ऐतिहासिक एमओयू का आदान-प्रदान कर एमएसएमई के विकास में एक नए युग की शुरुआत की । यह सहयोग “सरकार-के-रूप-में-समग्र” (Government-as-a-Whole) दृष्टिकोण के माध्यम से एक सहयोगी पारिस्थितिकी तंत्र बनाने और एमएसएमई को मजबूत करने का लक्ष्य रखता है, जिससे उन्हें विस्तारित बाज़ार पहुँच, डिजिटल दृश्यता और वैश्विक पहुँच सुनिश्चित हो सके। इस एमओयू के माध्यम से एनएसआईसी, एमएसएमई ग्लोबल मार्ट पोर्टल के जरिए केवीआईसी इकाइयों को उन्नत डिजिटल दृश्यता प्रदान करेगा, जिसमें 24×7 उत्पाद प्रदर्शन, निविदा अलर्ट, अनुबंध प्रदान की जानकारी, “कंट्री ई-पैविलियन” सुविधा के माध्यम से अंतरराष्ट्रीय व्यापार के अवसर आदि शामिल होंगे।
29 Sep 2025NSIC and Zoram Infrastructure & Industrial Development Corp. Ltd. (ZIDCO), a Govt. of Mizoram undertaking, have signed an MoU.
NSIC and Zoram Infrastructure & Industrial Development Corp. Ltd. (ZIDCO), a Govt. of Mizoram undertaking, have signed an MoU to support enterprise creation initiative at Mizoram. An Enterprise Creation Lab is proposed to be developed on a piece of land provided by the Govt. of Mizoram, that shall serve as a hub for entrepreneurship, innovation, training, and skill development, catering to youth across Mizoram and the North East. Under the MoU, NSIC will act as the knowledge partner and share its expertise in selection & procurement of machinery and development of training programs & modules, while ZIDCO will handle construction and run training programs in emerging service-oriented sectors, such as digital marketing, design, languages, event and hospitality management etc. The MoU was signed by Shri Kartikeya Sinha, Dir.(P&M), NSIC, and Shri L.P. Lalchangkima, MD, ZIDCO, in the presence of Shri Lalmuanpuia Punte, MLA & Adviser to CM, Mizoram, and Shri R. Lalrodingi, OSD to CM, Mizoram
25 Sep 2025