National Small Industries Corporation (NSIC)

The National Small Industries Corporation (NSIC) is an Indian government agency that supports small and medium-sized businesses, often referred to as small industries. Established in 1955, its main role is to promote and facilitate the growth of these enterprises through various services, including financial assistance, marketing support, and skill development. The NSIC helps businesses access necessary resources, improve their competitiveness, and connect with larger markets, fostering entrepreneurship and contributing to economic growth in India. Its initiatives aim to empower small businesses to thrive in a challenging economic landscape.