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Press Information Bureau
Government of India
Ministry of Micro,Small & Medium Enterprises
08-December-2011 17:16 IST
Contribution of NSIC
GOVERNMENT OF INDIA

 

National Small Industries Corporation Ltd., (NSIC), a public sector undertaking under this Ministry has set up three projects in South Africa during the last three years. The details of project set up by NSIC in South Africa are as under:

 

Year

Description of goods/projects

Year of Installation & Commissioning

2008-09

Toilet Role Making Plant (with M/s. SEDA, South Africa)

January 2009

Exercise Note Book Manufacturing Plants (with M/s. KZN-DED, South Africa)

March 2009

2009-10

Plastic Injection Moulding Machine (with M/s. SMTDC, South Africa)

July 2009

 

 

In order to strengthen the NSIC and to make it an apex organization for coordination of marketing support programmes for MSMEs, the Government has decided to provide an equity support of Rs. 300 crore to NSIC in three years, as under:

 

                        Year                                        Amount

                        2011-12                                   Rs. 155 crore (provided in BE 2011-12)

                        2012-13                                   Rs. 75   crore

                        2013-14                                   Rs. 70   crore

                       

This information was given by the Union Cabinet Minister for Micro, Small and Medium Enterprises, Shri Virbhadra Singh in a written reply to a question in the Lok Sabha today.

 

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