The National Small Industries Corporation

What The National Small Industries Corporation does

The National Small Industries Corporation (NSIC) is a Government of India Enterprise established in 1955 under the Ministry of Micro, Small and Medium Enterprises (MSME), and was upgraded from Schedule B to Schedule A Central Public Sector Enterprise (CPSE) status in February 2026 following an Excellent rating from the Department of Public Enterprises for FY24-25. Headquartered at NSIC Bhawan, Okhla Industrial Estate, New Delhi, the corporation operates the country's largest physical service delivery network for MSME support — comprising 100+ branch and zonal offices, 9 Technical Service Centres (NTSCs) with NABL/BIS-accredited testing laboratories, 15 National SC-ST Hub offices, Software Technology cum Business Parks in Delhi and Chennai, and Integrated Marketing Development Centres in Bhubaneswar, Kolkata, Hyderabad, and Delhi. NSIC functions as an integrated single-window platform spanning Marketing, Technology, Finance, and other business support services for India's 7 crore+ MSMEs.

The core product portfolio is organised around four pillars: (1) Marketing Support — Single Point Registration Scheme (SPRS) for government procurement, MSME Global Mart B2B portal with 20,000+ registered MSMEs, Marketing Facilitation Scheme, and Marketing Intelligence Cell; (2) Technology Support — ICT Digital Services aggregation (6% service charge on empanelled providers including Dun & Bradstreet), NTSCs offering skill development and material testing, and technology incubation centres; (3) Credit Support — Raw Material Assistance against Bank Guarantee (interest rates 8.75%-10.25% p.a. for up to 180 days), Bill Discounting Scheme (7.75%-9.25% p.a.), and Credit Facilitation Through Bank with 18+ partner banks; and (4) International Cooperation — participation in overseas exhibitions, B2B matchmaking, and Vocational Training cum Incubation Centres across 10+ African and Asian countries. The corporation also operates specialised sub-brands including the National SC-ST Hub for SC/ST entrepreneurs, MSME Saarthi (NBPAs) for last-mile outreach, and the PM Vishwakarma scheme.

NSIC's revenue model is multi-streamed and scheme-specific: interest income from RMA credit, transaction-based discounting charges, facilitation commissions (5% of government procurement award value), turnover-based SPRS registration fees (Rs. 100+GST for SC/ST entrepreneurs), MSME Global Mart annual membership fees (with 75% government subsidy up to Rs. 25,000 for micro enterprises), ICT aggregation service charges (6%), space rental from IMDCs and STBPs, and fee-based technical training and material testing. The go-to-market combines a direct field-based model through the branch office network, self-serve digital channels (SPRS online portal, MSME Global Mart, MSME Saarthi portal), and channel partnerships with 18+ banks, state MSME development corporations, and international partners. The customer base is horizontally segmented across micro, small, and medium enterprises in manufacturing and services, with no material customer concentration risk.

Name

The National Small Industries Corporation

Legal name

National Small Industries Corporation Ltd.

Website

https://nsic.co.in

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

NSIC is a Government of India Enterprise under the Ministry of MSME, established in 1955, that provides integrated marketing, technology, credit, and international cooperation support to India's 7 crore+ micro, small, and medium enterprises through 100+ branch offices, 9 NTSCs, and digital platforms including SPRS and MSME Global Mart.

Ownership category

akta.pro rank

Product category

MSME Development Services

NAICS

Sales Financing (52222), Public Administration (92)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM)

Keywords

• MSME financial assistance
• Government procurement registration
• B2B trade facilitation
• MSME skill development
• Raw material financing

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Others

Revenue model

1. Raw Material Assistance Scheme — Interest Income: NSIC provides short-term financing (up to 180 days) for MSMEs to procure raw materials (indigenous and imported) against Bank Guarantee. Revenue is earned through interest on the assistance extended, with rates varying by enterprise size and SME credit rating (8.75%-10.25% p.a. for Micro/Small & Medium). Penal charges of 1.25% per quarter apply for delayed payments beyond 180 days.
2. Bill Discounting Scheme — Discounting Charges: NSIC discounts bills of exchange arising from genuine trade transactions where MSMEs supply goods/services to government departments, public limited companies, and private limited companies. Revenue is generated through discounting charges ranging from 7.75% to 9.25% per annum depending on SME rating, with usance periods up to 180 days.
3. Marketing Facilitation Scheme — Facilitation Fees/Commission: NSIC facilitates government procurement for MSEs through its consortia and tender marketing platform. NSIC charges 5% (inclusive of GST) of the award value as facilitation fee/commission, received in phases tied to project milestones (50% on award acceptance, 25% on execution, 25% on payment receipt).
4. Single Point Registration Scheme — Registration and Renewal Fees: NSIC charges fees for MSE registration, renewal, and amendment under the SPRS for government procurement participation. Fee structure is based on turnover and enterprise category. SC/ST entrepreneurs get nominal registration at Rs.100+GST; NER MSMEs receive 20% concession.
5. MSME Global Mart — Membership and Advertising Revenue: MSME Global Mart B2B portal generates revenue through annual membership fees (with 75% government subsidy for micro enterprises up to Rs.25,000), promotional/advertising plans for corporates, and ICT aggregation service charges of 6%.
6. Technical Services — Training, Testing, and Incubation Fees: NTSCs generate revenue through skill development training courses, material/product testing fees, common facility services, and technology incubation center licensing fees across 9 NTSC locations.
7. Marketing Intelligence — Information Services: Marketing Intelligence Cell provides database access, market intelligence reports, tender information, buyer-seller databases, and international library services to MSMEs, generating fee-based revenue.
8. International Cooperation — Facilitation Fees: NSIC facilitates MSMEs' participation in international exhibitions and trade fairs under the International Cooperation Scheme of Ministry of MSME, earning facilitation fees and supporting MDA, CBFTE, and IMID sub-components.
9. Credit Facilitation Through Banks — Handholding Support (Free Service): NSIC facilitates credit to MSMEs through MoU partnerships with ~18 banks. It provides free handholding support in documentation and follow-up. This is a non-revenue service — it supports other revenue-generating schemes by driving MSME engagement.
10. Space Marketing — Business Park and Exhibition Complex Rental: NSIC rents office space, exhibition halls, and amphitheatre facilities at its Integrated Marketing Development Centres (Bhubaneswar, Kolkata, Hyderabad, Delhi) and Software Technology cum Business Parks (Delhi, Chennai). Tariff-based rental revenue from MSMEs, IT/ITES units, and event organizers.

Pricing tiers

Go-to-market motion2 records

Distribution channels9 records

Marketing channels10 records

Core offering

NSIC is a Government of India Enterprise that provides integrated support to Micro, Small and Medium Enterprises (MSMEs) across India through four pillars: (1) Credit/Financial assistance via Raw Material Assistance, Bill Discounting, and Credit Facilitation through bank partnerships; (2) Government procurement enablement through the Single Point Registration Scheme (SPRS) and consortium-based Marketing Facilitation; (3) Technology services through 9 NTSCs with NABL-accredited testing labs, ICT aggregation, and Software Technology Parks; (4) Marketing support via the MSME Global Mart B2B portal, Marketing Intelligence Cell, and International Cooperation activities.

Product overview

The National Small Industries Corporation (NSIC) is an ISO 9001:2015 certified Government of India Enterprise under the Ministry of MSME that operates as a comprehensive support organization for Micro, Small & Medium Enterprises. NSIC provides an integrated portfolio of services organized around four pillars: Marketing Support (Single Point Registration Scheme, MSME Global Mart B2B Portal, Marketing Facilitation Scheme, Marketing Intelligence), Technology Support (ICT Digital Services, Technical Services Centres, Software Technology cum Business Parks), Credit Support (Raw Material Assistance, Bill Discounting, Credit Facilitation through Banks), and International Cooperation. The ecosystem also includes specialized initiatives like the National SC-ST Hub for SC/ST entrepreneurs, MSME SAARTHI for business promotion associates, and Training cum Incubation Centres. NSIC operates through a nationwide network of offices and Technical Centres, having facilitated MSMEs since 1955.

Differentiator

Problem solved

Functional benefit

Brands

• MSME Global Mart: B2B web portal for MSMEs providing online platform for B2B marketing and connecting MSMEs with buyers and suppliers
• NSIC Technical Services Centres (NTSCs)
• National SC-ST Hub

Products and services

• Raw Material Assistance Scheme (RMA Against Bank Guarantee) Provides MSMEs with short-term financing (up to 180 days) for procurement of raw materials (both indigenous and imported) against Bank Guarantee. Helps MSMEs focus on manufacturing quality products while availing bulk purchase economics and cash discounts. Interest rates range from 8.75% to 10.25% p.a. depending on enterprise size (Micro/Small & Medium) and SME rating, with penal charges of 1.25% per quarter for delayed payments.
• Bill Discounting Scheme Discounting of bills of exchange arising from genuine trade transactions where MSMEs supply goods/services to government departments, public limited companies, and private limited companies. Covers usance periods up to 180 days against bank guarantee security, with discounting charges ranging from 7.75% to 9.25% per annum depending on SME rating.
• Single Point Registration Scheme (SPRS) Online enlistment of Micro & Small Enterprises (MSEs) for participation in Government Purchases. Enlisted units receive benefits including free tender sets, exemption from Earnest Money Deposit (EMD), and preference in procurement under the Public Procurement Policy with 25% annual goal from MSEs. Fee is based on turnover slabs; SC/ST entrepreneurs pay Rs.100+GST; NER MSMEs receive 20% concession.
• MSME Global Mart (B2B Portal) B2B web portal (www.msmemart.com) providing online platform for B2B marketing and connecting MSMEs with buyers and suppliers. Features include digital presence creation, product showcasing 24x7, keyword-based tender alerts, RFQ, trade leads, franchise/distributorship opportunities, and ICT aggregation services. 75% government subsidy on annual membership for micro enterprises (max Rs.25,000). Currently has 20,000+ MSMEs registered.
• Credit Facilitation Through Bank Syndication with 18+ nationalized and private sector banks to facilitate credit support (fund-based or non-fund-based limits) to MSMEs. NSIC provides free handholding support in documentation, submits credit proposals to banks, and follows up on behalf of MSMEs. Banks include SBI, Bank of Baroda, HDFC, ICICI Bank, Axis Bank, IDBI Bank, Kotak, Federal Bank, IndusInd, Yes Bank, Canara Bank, Union Bank, PNB, and others.
• Marketing Facilitation Scheme (MFS) Facilitation service for promoting products of Micro and Small Enterprises through consortium marketing, connecting MSEs with government departments, PSUs, and private sector companies for procurement opportunities. Annual enlistment/renewal fee ranges from Rs.1,000+GST to Rs.5,000+GST based on monetary limit (SC/ST entrepreneurs exempt). Facilitation/commission charge is 5% inclusive of GST on award value, paid in phases tied to project milestones.
• Marketing Intelligence Cell Market intelligence portal providing database of bulk buyers (product-wise), rate contracts, tender information, Indian exporters database, international buyers database, technology suppliers database, business partner matchmaking services, and sector-specific market intelligence reports. Serves as a proactive demand-generation tool for MSMEs seeking export and domestic business opportunities.
• National SC-ST Hub (NSSH) Supportive ecosystem for SC/ST entrepreneurs providing professional support for public procurement participation, leveraging Stand Up India initiative, facilitating business practices adoption, and providing capacity building training through EOI. Includes subsidized SPRS registration (Rs.100+GST), procurement facilitation under the 4% SC/ST reservation, and dedicated NSSH offices in 15 locations across India.
• MSME Saarthi (NBPA Scheme) Business Promotion Associates scheme using independent associates (NBPAs) as extended arms of NSIC to expand outreach and strengthen engagement with MSMEs across India. NBPAs include PSUs, CA/CMA/CS firms, industry associations, chambers of commerce, and government MSME agencies. They generate business leads for NSIC schemes including SPRS, MSME Global Mart, RMA, Bill Discounting, and exhibitions.
• NSIC Technical Services Centres (NTSCs) Technical support through 9 NTSCs and training centres across India providing skill development in hi-tech and conventional trades, material testing at NABL/BIS accredited laboratories, energy audit, and common facility services. Cluster specializations include Leather & Footwear (Chennai), Electronics (Hyderabad), Lock & Die Making (Aligarh), Machine Tools (Neemka), General Engineering (Howrah), and Energy Conservation (Rajkot).
• ICT Digital Services (Aggregation Scheme) Aggregation of ICT-enabled digital services from leading service providers offering ERP, accounting software, sales and marketing solutions, cloud services, AI solutions, IoT/M2M solutions, and B2B/B2C e-commerce solutions for MSME digital adoption. Empanelled providers include Dun & Bradstreet (DUNS Registered Solutions, D&B iAccess, D&B Hoovers, D&B Credit). NSIC charges 6% service charge as aggregator on non-exclusive basis.
• International Cooperation Activities Capacity building for MSMEs in export markets through participation in international exhibitions (e.g., Profood/Propack/Agbiz 2026 in Colombo, Sri Lanka), market development assistance (MDA), capacity building for first-time exporters (CBFTE), international market intelligence dissemination (IMID), VTC/Incubation centre setup in partner countries, and B2B matchmaking with foreign buyers from Taiwan, South Korea, Malaysia, Egypt, and others.
• Assistance to Wholesalers and Retail Traders (AWRT) Working capital assistance for wholesalers and retailers belonging to MSMEs for purchase of materials/goods from manufacturers, provided against security of bank guarantee. Helps MSMEs in the trading segment access short-term financing for inventory procurement.
• Machines & Equipments Selling Scheme Aggregation service for purchase of machinery from empanelled manufacturers and authorized Indian importers, creating a pool of equipment suppliers and facilitating technology access for MSME modernization. Helps MSMEs source industrial machinery efficiently through NSIC's curated vendor network.
• NSIC Software Technology cum Business Parks Software Technology cum Business Parks at New Delhi (~53,000 sq.ft.) and Chennai (~48,000 sq.ft.) providing office space to small and medium enterprises in software development and IT/ITES sectors. Includes facilities such as 100% power backup, elevators, parking, data connectivity, and telephone infrastructure.

Quantifiable outcome

• Over 50,000 trainees trained in last 5 years at NTSC Okhla alone, placed in companies including Munjal Showa, Motherson Sumi, Mitsubishi Electric, HCL Infosys, Timex, Siemens, and others
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Andhra Pradesh MSME Development CorporationcoreStrategic or Co-development Partner · 27 May 2026NSIC signed an MoU with Andhra Pradesh MSME Development Corporation under the TEAM (Trade Enable and Marketing) Initiative to promote MSME onboarding onto the Open Network for Digital Commerce (ONDC) platform. The partnership aims to digitally enable MSMEs in Andhra Pradesh for broader market access.
• SME Corporation Papua New GuineacoreStrategic or Co-development Partner · 24 April 2026NSIC and SME Corporation Papua New Guinea signed an MoU in Mumbai to strengthen MSME cooperation between India and Papua New Guinea. The agreement focuses on technology development, skill enhancement, business incubation, innovation ecosystems, and cross-border trade facilitation. Signed by NSIC CMD Dr. Subhransu Sekhar Acharya and PNG SME Corp MD Petrus Ralda. The partnership enables knowledge exchange and joint initiatives benefiting MSMEs in both nations and supports India's broader strategy of fostering international MSME partnerships.
• 18+ Partner Banks (SBI, Bank of Baroda, HDFC, ICICI Bank, Axis Bank, IDBI Bank, Kotak Mahindra, Federal Bank, IndusInd Bank, Yes Bank, Canara Bank, Union Bank of India, Central Bank of India, Bank of Maharashtra, Karnataka Bank, Utkarsh Small Finance Bank, Punjab National Bank, AU Small Finance Bank)coreChannel Partner/ Reseller/ DistributorNSIC has MoU arrangements with 18+ nationalized and private sector banks to facilitate credit to MSMEs. NSIC assists MSMEs in completing documentation, submits credit proposals to banks, and follows up on behalf of MSMEs. This handholding support is provided free of cost. The banks benefit from a pre-screened MSME borrower pipeline through NSIC's branch network.
• Ministry of MSME, Government of IndiacoreStrategic or Co-development PartnerNSIC is a Government of India Enterprise under the Ministry of MSME and implements multiple Ministry schemes including the International Cooperation Scheme (MDA, CBFTE, IMID), National SC-ST Hub (NSSH), Procurement and Marketing Support Scheme (PMSS), Special Marketing Assistance Scheme (SMAS), and Adoption of e-Commerce Policy under PMS. The Ministry provides policy direction, scheme guidelines, and funding support while NSIC serves as the implementing arm.
• VTC/Incubation Centre Partner Countries (South Africa, Senegal, Ethiopia, Burundi, Rwanda, Egypt, Burkina Faso, Gambia, Zimbabwe, Mozambique)minorStrategic or Co-development PartnerNSIC has set up Vocational Training cum Business Incubation Centres (VTC/ICs) in 10 countries: South Africa, Senegal, Ethiopia (Addis Ababa), Burundi (Bujumbura), Rwanda (Kigali), Egypt (Cairo), Burkina Faso (Ouagadougou), Gambia (Banjul), Zimbabwe (Harare), and Mozambique (Chimoio). These are established through government-to-government cooperation frameworks under the International Cooperation Scheme, targeting MSME development and skill sharing in partner countries.
• Taiwan (ITTC, Taiwan External Trade Development Council, Taiwan Association of Machinery Industry, and Taiwanese Companies)minorStrategic or Co-development PartnerNSIC has organized multiple B2B matchmaking events and webinars with Taiwanese companies and institutions on smart manufacturing, AI applications, food processing equipment, and digital transformation. Includes India-Taiwan SME Cooperation Forum and Virtual B2B Meetings for MSMEs. Also includes partnerships with Intelligent Machinery Technology Center (IMTC), Taiwan for digital transformation services.
• South Korea (Korean Companies and Trade Organizations)minorStrategic or Co-development PartnerNSIC facilitates business opportunities between Indian MSMEs and South Korean companies through India-South Korea Virtual B2B Meetings and organized business linkage programs. The partnership focuses on industrial cooperation and technology exchange between the two countries' MSME ecosystems.
• India-Africa Business Council and African Partner InstitutionsminorStrategic or Co-development PartnerNSIC participates in the India-Africa Business Conclave (most recently the 19th edition in August 2024) organized by CII. The partnership facilitates enterprise-to-enterprise cooperation, joint ventures, and technology transfer between Indian MSMEs and African businesses, aligned with India's Africa strategy.
• Bulk Raw Material Suppliers (MOU Arrangements with Manufacturers)coreChannel Partner/ Reseller/ DistributorNSIC enters into MoUs with manufacturers of bulk raw materials (Aluminum, Zinc, Copper, Iron & Steel, Cement, Coal, etc.) to facilitate procurement for MSMEs. NSIC has coal distribution arrangements for MSMEs in Odisha. The MOUs enable MSMEs to access bulk materials at competitive prices through NSIC's financing support.
• ICT Service Providers (Dun & Bradstreet and others)minorChannel Partner/ Reseller/ DistributorNSIC aggregates ICT services (ERP, accounting, cloud, AI, IoT, e-commerce) from empanelled service providers. Currently empanelled provider includes M/s Dun & Bradstreet Information Service India Pvt. Ltd. offering DUNS Registered Solutions, D&B iAccess, D&B Hoovers, and D&B Credit. NSIC charges 6% service charge as aggregator on non-exclusive basis.
• Ministry of External Affairs (MEA) and Indian Missions AbroadcoreStrategic or Co-development PartnerNSIC works with MEA and Indian embassies/high commissions to organize international delegations, B2B meets, and VTC/Incubation centre setups in partner countries. Recent engagements include visits from delegations of Brazil, South Africa, Sudan, Papua New Guinea, and participation in BRICS Summit. The MEA facilitates diplomatic and institutional backing for NSIC's international cooperation programs.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• National Institute for Micro, Small and Medium Enterprises (ni-msme): ni-msme is an autonomous body under the Ministry of MSME that focuses on MSME training, research, consultancy, and entrepreneurship development. It overlaps directly with NSIC's NTSC-based skill development and incubation activities, and both serve as capacity-building arms of the Ministry.
• National Small Industries Corporation of India (NSIC) - this is the subject: Self-reference for placeholder completeness; not used.

Emerging players

• IndiaMART InterMESH Limited: IndiaMART is India's largest B2B marketplace serving MSMEs with product listings, RFQs, and lead generation. It is a direct competitor to NSIC's MSME Global Mart B2B portal, but operates as a private sector platform with vastly larger scale, broader product categories, and more aggressive product development.
• Udaan: Udaan is a B2B commerce platform connecting manufacturers, wholesalers, retailers, and traders. It targets many of the same MSME supplier segments as NSIC's MSME Global Mart, particularly in trading and distribution, and competes for MSME digital adoption.

Regional players

• Trade Promotion Council of India (TPCI): TPCI is an industry body promoting India's international trade, including MSMEs in export markets. It overlaps with NSIC's International Cooperation activities (participation in exhibitions, B2B matchmaking with foreign buyers), but focuses specifically on export promotion rather than the broader MSME development mandate.
• Cottage Industries Emporium (CCIC of India Ltd): CCIC operates government emporia for handicraft and cottage industry products. It overlaps with NSIC's marketing facilitation for MSMEs and is referenced on NSIC's website as a related entity (linked from the Tenders section), sharing the government MSME marketing-support mandate.

Broad incumbents

• MUDRA (Micro Units Development and Refinance Agency): MUDRA provides refinance support to lending institutions for micro-enterprise loans under Pradhan Mantri MUDRA Yojana. It overlaps with NSIC's credit facilitation role for micro enterprises, but operates as a refinance institution rather than a direct facilitator or technology/training provider.
• Small Industries Development Bank of India (SIDBI): SIDBI is the principal financial institution for MSME promotion and development in India under the Ministry of Finance. It provides direct credit, refinance, and equity/venture support to MSMEs, overlapping with NSIC's credit facilitation, raw material assistance, and MSME incubation activities, but operating at the financial-institution tier rather than service-scheme tier.
• Khadi and Village Industries Commission (KVIC): KVIC is a statutory body under the Ministry of MSME focused on promoting khadi, village industries, and rural MSMEs. It shares the MSME development mandate and skill/training function with NSIC, but focuses more narrowly on khadi/village clusters and operates the Prime Minister's Employment Generation Programme (PMEGP) jointly with NSIC.

Others

• Open Network for Digital Commerce (ONDC): ONDC is a Government of India initiative to democratize digital commerce through an open network. NSIC is itself partnering with ONDC under the TEAM initiative to onboard 5 lakh MSMEs, making ONDC both a partner and a competitive platform for MSME digital commerce and B2B connections.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@NSICLtd
• Facebookfacebook.com/NSICLTD
• Xx.com/NSICLTD
• LinkedInlinkedin.com/company/nsicltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about The National Small Industries Corporation