NSIC to Set Up Incubation Centres in Africa

The National Small Industries Corporation Limited (NSIC), a public sector undertaking under the Ministry of Micro, Small & Medium Enterprises, is setting up incubation centers in ten African Countries including Botswana, Zambia, Zimbabwe, Egypt, Libya, Burkina Faso, Rwanda, Ethiopia, Burundi, and Mozambique. The Incubation project is funded through the MEA and was initially laid out during the discussions of the India African Forum summit held in 2008.

As the title suggests, the NSIC model of incubation provides budding entrepreneurs training for establishing small enterprises. The trainees are given hands-on experience on the projects which they propose as well as course modules including basic skill development.

According to the press release, the projects identified to be set up in these ten countries thus far include: a concrete block manufacturing plant, tomato ketchup and fruit juice plant, paper corrugated box manufacturing, industrial baking plant (cookies), blow-molding plant, wire nail manufacturing, soya milk extraction, socks knitting plant, manufacturing of plastic bottle caps, water treatment plants, noodle making equipment, honey processing plant, manufacturing of plastic shopping bags, jewelry making and finishing equipment, gem stone cutting including polishing machines.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s