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Profile
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Small
Industries Development Bank of India (SIDBI) was established
in April 1990 under an Act of Indian Parliament as
a wholly-owned subsidiary of Industrial Development
Bank of India. SIDBI has since completed 8 years of
service to the small scale sector. As at March 31,
1998, SIDBI had a total staff strength of 861 comprising
of 685 professionals and 176 support staff.
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SIDBI's
statute provides that it should serve as the principal
financial institution for:
- Promotion
- Financing
and
- Development
of industry in the small scale sector and
- Co-ordinating
the functions of other institutions engaged in similar
activities.
SIDBI
became operational on April 2, 1990.
The
Small Scale Industry (SSI) sector, which is a vibrant
and dynamic sub-sector of the India's industrial economy,
comprises the area of SIDBI's business. The contribution
of the SSIs in terms of production, employment and
export earnings has been significant. The objectives
of Government policy have been to impart vitality
and growth impetus to the sector by removing bottlenecks
that affect the growth potential. In the liberalised
era and emerging economic scenario, the sector is
assured of continued support.
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RANGE
OF SERVICES
SIDBI
REFINANCES:
·
Loans
granted by PLIs for new SSI projects and for expansion, technology
upgradation, modernisation, quality promotion.
·
Loans
sanctioned by PLIs to small road transport operators, qualified
professionals for self-employment, small hospitals and nursing
homes and to promote hotels and tourism-related activities.
SIDBI
DIRECTLY FINANCES:
·
SSI
units for new/expansion/diversification/modernisation projects.
·
Marketing
development projects which expand the domestic and international
marketability of SSI products.
·
Existing
well-run SSI units and ancillaries/sub-contracting units/
vendor units for modernisation and technology upgradation.
·
Infrastructure
development agencies for developing industrial areas.
·
Leasing
and hire purchase companies for offering leasing/hire purchase
facilities to SSI units.
·
Existing
export-oriented units to enable them to acquire ISO-9000 Series
Certification
SIDBI
HELPS:
·
SSIs
to obtain credit rating from accredited credit rating agencies
SIDBI
PROVIDES FOREIGN CURRENCY LOANS TO:
·
Import
equipment by existing export-oriented SSIs and new units having
definite plans for entering export markets.
·
Execute
confirmed export orders by way of pre-shipment credit/letter
of credit and provides post-shipment facilities.
SIDBI's
VENTURE CAPITAL FUND PROVIDES ASSISTANCE TO:
·
Small
scale entrepreneurs using innovative indigenous technology
and expertise.
LINES
OF CREDIT ARE ESTABLISHED BY SIDBI IN FAVOUR OF:
·
State
Financial Corporations
·
State
Small Industries Development Corporations for supplying raw
material and extending marketing support to SSI units.
·
Factoring
Companies to factor receivables of SSIs.
·
Commercial
banks to cover their pre-shipment credit in foreign currency
of SSI exporters.
·
Merchant
Banks for supporting equity issues of SSIs on Over The Counter
Exchange of India.
DEVELOPMENT
AND SUPPORT SERVICES BY SIDBI ARE FOCUSED AT:
·
Enterprise
promotion with emphasis on rural industrialisation
·
Human
Resource Development of the SSI sector
·
Technology
Upgradation
·
Special
Emphasis Programmes - Quality and Environment Management and
·
Information
Dissemination
Programmes
implemented for Enterprise promotion include:
·
Micro
Credit Scheme
·
Rural
Industries Programme
·
Mahila
Vikas Nidhi
·
Entrepreneurship
Development Programme
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Programmes
for Human Resource Development of the SSIs:
SIDBI supports the reputed management and technical
institutions spread throughout the country to conduct.
- Small
Industries Management Assistance Programme (SIMAP)
- Skill-cum-Technology
Upgradation Programme (STUP)
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While
the SIMP is aimed at providing to SSIs a trained cadre
of managers, STUP seeks to offer skill development
opportunity to owners/senior managers of SSIs.
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Programmes
for Technology Upgradation include:
·
Technology
upgradation in identified industry clusters
·
Technology
Transfer
·
Quality
Enhancement
Quality
and Environment Management
programmes include support to programmes
and workshops on quality management techniques and assistance
to create awareness among the SSIs for abatement of environmental
pollution.
Information
Dissemination
initiatives aim at promoting new units
by identification and publicity of viable project ideas and
business opportunities through :
·
Publication
of Project Profiles
·
Broadcasting
Udyog Sadhana Radio Programme
·
Production
of video films on various entrepreneurship themes and telecasting
them through electronic media.
RANGE
OF SERVICES
INSTITUTIONAL
BUILDING:
SIDBI Co-promoted
·
Factoring
Companies
·
Technology
Bureau of Small Enterprises
·
North
Eastern Development Finance Corporation Ltd.
·
IDBI
Bank Ltd.
·
Indian
Institute of Entrepreneurship, Guwahati
SPECIAL
PURPOSE FUNDS IN SIDBI
·
National
Equity Fund
·
Mahila
Vikas Nidhi
·
Mahila
Udyam Nidhi
·
Venture
Capital Fund
·
Technology
Development and Modernisation Fund
·
Marketing
Development Assistance Fund with special earmarked corpus
for women.
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Contact
us at
:
WEB SITE : http://www.sidbi.com
HEAD
OFFICE:
SIDBI
10/10, Madan Mohan Malviya Marg
Lucknow-226 001, India
Tel.#: +91-522-274517 to 21
Fax #: +91-522-274506
Contact Person: Dr. Sailendra Narain -Managing Director
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REGIONAL OFFICES IN INDIA:
- NORTHERN
REGION:
YMCA Cultural Centre, 1, Jai Singh Road, Post Box
192, New Delhi-110 001. Tel#:+91-11-3364067. Fax#:+91-11-3747120
- SOUTHERN
REGION:
Temple Tower, 5th Floor, 476, Anna Salai, P.B. No.1312,
Nandanam, Madras-600 035. Tel#:+91-44-4330062. Fax#:+91-44-4340348
- EASTERN
REGION:
11, Dr. U.N.Brahmachari Street, Opp. La Martiniere
Girls School, Calcutta-700 017. Tel#:+91-33-2479809.
Fax#:+91-33-2404093.
- NORTH
EASTERN REGION:
IDBI Building, Opp. Sentinel Press, G.S. Road, Guwahati-781
005. Tel#:+91-361-563922. Fax#:+91-361-562545
- WESTERN
REGION:
Nariman Bhavan, 227, Vinay K.Shah Marg, Nariman Point,
Mumbai-400 021. Tel#:+91-22-2851274. Fax#:+91-22-2835775
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