Apply for NSIC Registration in India

With NSIC Registration, MSME can avail various benefits and privileges. Our professional can help you apply SPRS and NSIC Registration for your business. Call at 8881-069-069 for assistance.

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What is NSIC Full form?

The full form of NSIC is National Small Industries Corporation.

What is all about NSIC Registration?

National Small Industries Corporation was established by the Government of India in 1955. Today, NSIC is a reputed Mini Ratna PSU that also possesses ISO 9001:2015 certification.

In order to promote small & growing entrepreneurs in post-independent India, the Government of India has set up NSIC, which acts as an intermediary to provide assistance to small scale industries (SSI). The MSEs having NSIC Registration can get access to numerous developmental schemes of the government and achieve tremendous growth in their business.

Some functions of NSIC are mentioned below:

NSIC runs various developmental schemes for MSMEs as to enhance their competitiveness.

NSIC provides integrated support services to MSMEs in relation to Marketing, Technology, Finance.

NSIC provides training and skill development to the MSMEs in India.

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NSIC Certificate Sample

Who are eligible for NSIC Registration?

Every business enterprises fulfilling below condition are eligible for NSIC registration under Single Point Registration Scheme (SPRS).

#1. All Micro Enterprises whose investment in plant & machinery is up to INR 25 lakhs (In-service sector up to INR 10 Lakhs)

or

All Small Enterprises whose investment is plant & machinery is up to INR 5 Crore (In-service sector up to INR 2 crores)

#2. Holding MSME Certificate.

#3. Completed one year of business commencement.

Exemption(s): The Provisional Registration Certificate shall be issued to the Micro & Small Enterprises under the Single Point Registration scheme, which has not completed one year of business commencement. However, this will subject to a monetary limit of INR 5 Lacs.

Validity of NSIC Registration

NSIC registration under Single Point Registration Scheme shall be valid for 2 Years. This shall be renewed every 2 years after verification of Commercial and Technical Competence (CTC) of the registered MSEs.

Note: Provisional NSIC Registration shall be valid for 1 year from the date of the issue of NSIC application, i.e. after levying the NSIC registration fee and obtaining the required documents.

NSIC Registration Benefits

Free allotment of tenders

One of the key benefits of NSIC registration is that it enables the allotment of tenders totally free of cost to eligible MSMEs.

No EMD deposit

MSMEs with NSIC registration need not pay Earnest Money Deposit (EMD). This is taken from the bidder, to assure his sincerity in a deal.

Development of SSIs

Notably, NSIC has reserved 358 items for purchase particularly only from (Small Scale Industries) SSIs as to uplift this sector.

Assistance in Government tenders

All MSMEs bidding for tender within the price cap of L1+15% are allowed to supply up to 20% of the demand by reducing the price to L1.

The reserved quota

Out of the total annual requirement of 20% supplies from MSMEs, 4% is reserved for the units owned by SC/STs.

Overall progress of MSMEs

NSIC executes various interconnected aid services concerning Marketing, Technology, Finance and other kinds of support to MSMEs

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Recent update

Recent Updates

An Overview of NSIC- National Small Industries Corporation

Since Independence, the Government has been trying hard to bring small industries parallel in the line of the economy. The government launched various five-year plans to boost these sectors and finally set up a regulating and monitoring body known as National Small Industries Corporation.

Know more about : An Overview of NSIC- National Small Industries Corporation

May 28, 2021

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frequently asked questions

Yes E-StartupIndia is an online platform serving all over India no matters wherever you are doing business all you need is internet connection on your mobile or desktop and we are ready to get your job done

No, You don't need to be physically present for the process, E-StartupIndia is an online catering platform all you need is an internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at the remotest location of India.
 
NSIC stands for National Small Industries Corporation. NSIC is a reputed Mini Ratna PSU established by the Government of India in 1955. Its motive is the promotion and development of MSMEs in India.

NSIC registration along with an MSME registration can help you avail supplementary benefits business growth for your firm. 

  • NSIC runs several customized schemes to enhance the proficiency of MSMEs in India.
  • NSIC aims to provide various interlinked support services with respect to Marketing, Technology, Finance and other sorts of assistance to MSMEs.
The NSIC has reserved 358 items for supply particularly only for the SSIs (Small Scale Industries) as to uplift this sector. 
    

All Micro & Small Enterprises are eligible to get NSIC registration under SPRS.

NSIC issues Provisional Enlistment Certificate to those MSEs under SPRS who have started the production but not having the audited Balance sheet for the last one year.

 

SPRS Registration Certificate is valid for 2 Years from the date of issuance.

 

NSIC does not register the traders in SPRS.

 

As such NSIC does not register any units engaged in the manufacturing of drugs & medicines.

 

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