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2013-01-07

Three more incubation centres to be set up in Odisha: NSIC

The mini-ratna Government of India undertaking, National Small Industries Corporation (NSIC) has said that it is planning to set up three more incubation centres in Odisha on the PPP (public private partnership) model in 2013. The state currently has two

The mini-ratna Government of India undertaking, National Small Industries Corporation (NSIC) has said that it is planning to set up three more incubation centres in Odisha on the PPP (public private partnership) model in 2013. The state currently has two such centres already running.

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

“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,” said B K Patnaik, chief secretary, Government of Odisha.

AN 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.”

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