NSIC to set up three more incubation centres in state

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 NSIC 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.”