NSIC to set up three more incubation centres in state

These centres would be over and above two centres that are already running in the city

National Small Industries Corporation (NSIC), a mini-ratna Government of India enterprise, has drawn up a plan to set up three more incubation centres in Odisha. These centres would be over and above two centres that are already running in the city.

“We are planning to set up three more incubation centres in Odisha on the PPP (public private partnership) mode in 2013. These centres would be demand based and would come up in locations where we can get more number of people who can be trained,” H P Kumar, chairman and managing director of told Business Standard on the sidelines of the MSME (micro, small & medium enterprises) international trade fair held in the city.

“Each of our incubation centres has the capacity to train 300 people per annum. NDSIC has set up 60 centres across the country. We offer training in a simulated condition besides providing hand holding support and marketing. The training is of three months duration,” he said.

Speaking at the valedictory function of the trade fair, Kumar said, “We are going to build an integrated marketing complex in Bhubaneswar. It would offer all the services to the MSMEs, be it banking, insurance or convention centre.”

D K Singh, secretary (MSME) said, “As per preliminary figures available with us, the MSME trade fair has generated business enquiries worth Rs 20 crore while sales have touched Rs 2 crore. Total footfall at the fair has been 140,000. The prime objective of this fair was to catalyse the entrepreneurs in the MSM sector.”

B K Patnaik, chief secretary said, “The state MSME department needs to have a permanent secretariat to cater to the needs of the entrepreneurs in the sector. The department should also have a continuous dialogue with all large industries to ensure that they promote ancillarisation in a big way.”

A N Sahay, chairman cum managing director, Mahanadi Coalfields Ltd (MCL) said, “MSME is the biggest employment generator after agriculture sector. We have 48 ancillaries that regularly supply spares and consumables to us. In this fiscal, 20 per cent of all our procurement will be from the MSMEs. This fiscal, our procurement from the MSMEs will be Rs 25 crore and we are looking to ramp it up subsequently to Rs 50 crore.”

image
Business Standard
177 22
Business Standard

NSIC to set up three more incubation centres in state

These centres would be over and above two centres that are already running in the city

BS Reporter  |  Kolkata/ Bhubaneswar 

National Small Industries Corporation (NSIC), a mini-ratna Government of India enterprise, has drawn up a plan to set up three more incubation centres in Odisha. These centres would be over and above two centres that are already running in the city.

“We are planning to set up three more incubation centres in Odisha on the PPP (public private partnership) mode in 2013. These centres would be demand based and would come up in locations where we can get more number of people who can be trained,” H P Kumar, chairman and managing director of told Business Standard on the sidelines of the MSME (micro, small & medium enterprises) international trade fair held in the city.

“Each of our incubation centres has the capacity to train 300 people per annum. NDSIC has set up 60 centres across the country. We offer training in a simulated condition besides providing hand holding support and marketing. The training is of three months duration,” he said.

Speaking at the valedictory function of the trade fair, Kumar said, “We are going to build an integrated marketing complex in Bhubaneswar. It would offer all the services to the MSMEs, be it banking, insurance or convention centre.”

D K Singh, secretary (MSME) said, “As per preliminary figures available with us, the MSME trade fair has generated business enquiries worth Rs 20 crore while sales have touched Rs 2 crore. Total footfall at the fair has been 140,000. The prime objective of this fair was to catalyse the entrepreneurs in the MSM sector.”

B K Patnaik, chief secretary said, “The state MSME department needs to have a permanent secretariat to cater to the needs of the entrepreneurs in the sector. The department should also have a continuous dialogue with all large industries to ensure that they promote ancillarisation in a big way.”

A N Sahay, chairman cum managing director, Mahanadi Coalfields Ltd (MCL) said, “MSME is the biggest employment generator after agriculture sector. We have 48 ancillaries that regularly supply spares and consumables to us. In this fiscal, 20 per cent of all our procurement will be from the MSMEs. This fiscal, our procurement from the MSMEs will be Rs 25 crore and we are looking to ramp it up subsequently to Rs 50 crore.”

RECOMMENDED FOR YOU

NSIC to set up three more incubation centres in state

These centres would be over and above two centres that are already running in the city

National Small Industries Corporation (NSIC), a mini-ratna Government of India enterprise, has drawn up a plan to set up three more incubation centres in Odisha. These centres would be over and above two centres that are already running in the city.

National Small Industries Corporation (NSIC), a mini-ratna Government of India enterprise, has drawn up a plan to set up three more incubation centres in Odisha. These centres would be over and above two centres that are already running in the city.

“We are planning to set up three more incubation centres in Odisha on the PPP (public private partnership) mode in 2013. These centres would be demand based and would come up in locations where we can get more number of people who can be trained,” H P Kumar, chairman and managing director of told Business Standard on the sidelines of the MSME (micro, small & medium enterprises) international trade fair held in the city.

“Each of our incubation centres has the capacity to train 300 people per annum. NDSIC has set up 60 centres across the country. We offer training in a simulated condition besides providing hand holding support and marketing. The training is of three months duration,” he said.

Speaking at the valedictory function of the trade fair, Kumar said, “We are going to build an integrated marketing complex in Bhubaneswar. It would offer all the services to the MSMEs, be it banking, insurance or convention centre.”

D K Singh, secretary (MSME) said, “As per preliminary figures available with us, the MSME trade fair has generated business enquiries worth Rs 20 crore while sales have touched Rs 2 crore. Total footfall at the fair has been 140,000. The prime objective of this fair was to catalyse the entrepreneurs in the MSM sector.”

B K Patnaik, chief secretary said, “The state MSME department needs to have a permanent secretariat to cater to the needs of the entrepreneurs in the sector. The department should also have a continuous dialogue with all large industries to ensure that they promote ancillarisation in a big way.”

A N Sahay, chairman cum managing director, Mahanadi Coalfields Ltd (MCL) said, “MSME is the biggest employment generator after agriculture sector. We have 48 ancillaries that regularly supply spares and consumables to us. In this fiscal, 20 per cent of all our procurement will be from the MSMEs. This fiscal, our procurement from the MSMEs will be Rs 25 crore and we are looking to ramp it up subsequently to Rs 50 crore.”

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard