Tamil Nadu Small Industries Development Corporation Limited - Wikipedia Tamil Nadu Small Industries Development Corporation Limited - Wikipedia

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Owing to the Govt. Marketing Assistance Scheme Realising that efficient marketing support is essential for successful running of small scale units, assistance by way of marketing the products of small scale units is being rendered by the Corporation.

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The period of credit to SSI units may range from 45 to 90 days or the credit period provided for, in the purchase order. SIDCO itself has established 44 more Estates in various places covering rural and most backward areas. A new scheme has been inaugurated on for assisting the small and medium units to find export marketing.

The work of conducting feasibility study has already been taken up for setting up Captive Power Plants in ten Industrial Estates.

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SIDCO charges a small commission for this. Export Marketing Assistance In line with today's changing scenario, SIDCO is also taking up certain innovative and non-conventional initiatives for the promotion of Small Industries in the state. In order to enable the SSI units to tap market for their products, a number of Buyer-Seller meets are arranged by the Corporation at frequent intervals.

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Before taking up construction of worksheds, the Corporation assesses the demand for industrial sheds and developed plots from prospective entrepreneurs through advertisement and also on conducting a demand survey. Captive Power Plants Realising the need for uninterrupted and good quality power supply.

SIDCO commenced activities in with a comprehensive promotional Programme designed to stimulate entrepreneurship.

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This new scheme is hoped to solve the severe working capital problems faced by the SSI units. Under this scheme, the Corporation participates in the tenders floated by the State Government Departments.

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It is also the policy of the Corporation to increase the coverage of basic raw materials in addition to opening more number of depots.

It is proposed to take up the export activity in a wider scale since the SSI units can no longer depend on internal marketing alone and. The main objective of SIDCO is to stimulate development of industries in the small scale sector with the following promotional activities.

SIDCO handles various scarce raw materials, depending on the requirements.