Tender Marketing

"Participation by NSIC in Bulk local/global tender on behalf of Small Scale Industries/Enterprises.
It is aimed to assist SSIs with ability to manufacture quality products but which lack brand equity & credibility or have limited financial capabilities."

Eligibility

Small Scale Industries/Enterprises (should be registered with Directorate of Industries/ District Industries Centres)

Benefits

• SSIs provided with all requisite financial support depending upon the units’ individual requirements like purchase of raw material and financing of sale bill.
• Enhanced business volume helps SSIs achieve maximum capacity utilization.
• SSIs exempted from depositing earnest money
• SSIs helped to participate in large & global tenders upto its capacity & capability. 
• SSIs assisted technically for quality upgradation and new product development in addition to testing facility.
• Ensures fair margin to SSIs for their production
• Publicity to small industries products
• Production of quality products from the SSI sector

Procedure

• To submit request on letter head to participate in tender alongwith fee towards NSIC’s processing charges.
• Photocopy of valid SSI Registration certificate.
• Latest income tax assessment orders or clearance certificate of the Proprietor/Partners/Directors in their individual capacity.
• Copy of Memorandum & Articles of Association.
• Specimen signatures of the authorised signatory of the applicant unit attested by the banker of the unit.
• If a Private/Public Limited Company, a copy of board resolution authorising the signatory to sign for and on behalf of the company. In case of partnership firm Power of Attorney in favour of signatory to deal with NSIC.
• Copies of tenders/orders executed, any other marketing arrangement, sale bills etc.
• Audited annual accounts for last 2 years with annual reports of applicant unit & associate firms.
• Inspection of the Unit’s production set up
• An agreement is executed between NSIC & SSI on successful procurement of Tender. Acceptance of NSIC terms & conditions by SSI unit.
• Service charges @ 1% of tender value is charged from the SSI once the order is procured plus all actual expenses and damages.
• Additional Service charges @ 0.25% for first 30 days and thereafter 0.08% for every week subject to maximum of 1.5% of tender value is charged if the SSI desires to avail financial assistance under NSIC’s Raw Material Assistance (RMA) scheme or under Integrated Marketing Support Programme (IMSP)/Bill Financing Scheme. Interest as applicable under RMA/IMSP is charged on the value of financial assistance.
• Processing Charges of Rs 200/- for Tender Value less than Rs 5.00 lacs or 0.1% of the Tender Value if Tender above Rs 5.00 lacs.

Process

• Screening of tenders where SSIs can contribute effectively
• Identification of SSIs capable of supplying short listed products
• Participation by NSIC in tender on behalf of associate SSIs
• Help to SSIs in procuring required raw material.
• Effects supply of products manufactured by SSI.
• Release of 80-85% payment to SSI on submission of Proof of dispatch of 
• Release of balance 15-20% payment to SSI on receipt of payment from buyer.

Note : All terms & Conditions are as on 30.10.98 and subject to revision.

Contact Points:  Head Office / Respective R.O.s / B.O.s   

Consortia Marketing

"A  SSI unit in its individual capacity faces problem very often to procure & execute large orders, which inhibits and restricts the growth of SSIs. NSIC, accordingly adopted Consortia Approach and built groups/consortia of units manufacturing same products, thereby easing out marketing problem of SSIs."

Eligibility

SSI units having valid SSI registration certificate from Directorate of Industries/District Industries Centres and producing the same product.

Benefits

• Participation and Procurement of Orders for bulk quantities
• SSIs capacity of participating in large tenders enhanced
• Support testing facility provided by NSIC
• Financial assistance for Raw Material, Bill discounting etc. provided by NSIC.
• Wherever required, equipment is also financed to the SSI on priority.
• Help in developing /designing of new products and quality enhancement of SSI products.

How To Apply

Apply for assistance under NSIC Tender Marketing scheme to any NSIC B.O.’s/R.O.’s along with a prescribed processing fee of 0.1% of tender value and authority letter in favour of NSIC, authorising NSIC to act on behalf of the unit. A service charges 1% is charged once the order is procured.

Documentation

• Service charges are also payable by the consortium members @ 0.25% for first 30 days and 0.08% per week subsequently, on the investment amount, till the deal is complete, if Bills are discounted through NSIC
• Refer documentation under Tender Marketing
• For financial assistance refer terms of Raw Material Assistance & Bill Financing

Note : All terms & conditions are as on 30.10.98 and subject to revision.

Contact Points : Head Office/ Respective R.O/B.O