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P Udayakumar begins office as NSIC’s Chairman and Managing Director

P Udayakumar, Director (Plng and Mktg), NSIC, took additional responsibility as CMD NSIC with effect from 20 June 2022. He has a mechanical engineering degree from College of Engineering in Guindy, a postgraduate degree from IIM Bangalore, and 12 years of service on the Board.

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Important Points about NSIC:

  • The NSIC has been trying to support, encourage, and promote the growth of micro, small, and medium-sized businesses across the nation.
  • NSIC functions through a network of offices and technical centres spread throughout the nation.
  • Additionally, NSIC has established a Training and Incubation Center run by qualified personnel.
  • NSIC offers a variety of carefully designed programmes to help Micro, Small, and Medium Enterprises improve their competitiveness.
  • Under the headings of Marketing, Technology, Finance, and Other Support Services, NSIC offers integrated support services.

About P UdayaKumar Career:

  • Over the course of 12 years, he participated in numerous Ministry of MSME programmes and NSIC’s success narrative.
  • He is on the Investment Committee of the SRI Fund, a PE growth fund under the Ministry of MSME.
  • Additionally, he will preside over NSIC Venture Capital Fund Ltd. He writes about problems with MSME growth.
  • Under the Ministry of Micro, Small and Medium Enterprises, National Small Industries Corporation (NSIC) is a Government of India organisation with ISO 9001:2015 certification.

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