NSIC building up data bank on MSMEs

Visakhapatnam. The National Small Industries Corporation Limited is building up a data bank on the micro, small and medium enterprises (MSMEs) in the country and studying the strengths and weaknesses to help revitalise them, according to Ravindra Nath, the Chairman and Managing Director of the corporation.
 
He was speaking at a buyer-seller meet organised here on Friday by the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI) and thecorporation. He said digitisation would would be of great help in the endeavour to revive many MSMEs. He urged the MSMEs to make use of the facility to register themselves online with the NSIC and avail themselves of the many schemes offered by the corporation.
 
He said NSIC would help the MSMEs in many ways in obtaining finance, procuring raw material and marketing their products in the country and abroad. It would offer them guidance on several matters.The corporation is also offering credit rating scheme for MSMEs.

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