Govt Support Institutions

i)  District Industries Center: The main functions of District Industries Centre are:

• Issue of EM1 AND EMII certificates.

• Conducting motivation and dissemination meets on industrial growth subjects.

• Conducting of entrepreneurship development programme.

• Helping MSMEs to collect default payment from industries through the regional

   Facilitation councils.

• Motivate industries by giving them awards in various areas.

• Providing loan for educated unemployed through the PMEGP scheme.

 ii) MSME development Institute (MSME-DI): It is a Government of India concern, which provides technical assistance in identifying suitable products. It also conducts technical training programmes and offers consultancy service in the area of ISO 9000. It has a well-facilitated laboratory for testing of motors and pumps as per the BIS standards.

iii) National Small Industries Corporation (NSIC): The NSIC provides diversified support through its wide spectrum of programme of SME’s to cater to their different needs related to multi-products and multi-location markets. NSIC has signed an agreement with the Coimbatore Wet Grinder and Accessories Manufacturers' Association here to work jointly on technology improvement and market expansion for the wet grinder units.

NSIC is also focusing on MSMEs that need financial assistance to buy new machines or expand. It has especially helped many units going in for Computerized Numerically Controlled machinery. NSIC has entered into tie up with the Oriental Bank of Commerce, the United Bank of India and United Commercial Bank. It is aimed at equipment financing and working capital support (high value, long term loans) to MSMEs recommended by the NSIC. NSIC is also providing mentoring service to pumps and motor cluster.

iv) Bureau of Indian Standards (BIS): In 1947, an organization by name Indian Standards Institution was set up which was later made a statutory body and christened as Bureau of Indian Standards (BIS) in 1986. The important activities of BIS include formulation of standards, product and quality system certification, training, information service etc.

v) Export Promotion Council-Engineering (EEPC): EEPC has an office for the Coimbatore export firms at one of the local industrial areas. However, most of the activities regarding export of engineering have to pass through their head office at Chennai.

        vi) Tamilnadu Industrial investment Corporation(TIIC): TIIC is one of the premier state government financial institutions incorporated in 1949 to foster industrial development in the state of Tamilnadu. It provides financial assistance catering to the needs of micro, small and medium enterprises for acquisition of fixed assets. TIIC grants financial assistance to set up new industries for expansion, diversification, modernization, and renovation or purchase of generators etc.

 vii) Tamilnadu Small Industries Development Corporation Limited (TANSIDCO): An undertaking of Government of Tamilnadu, functions with the specific objective of playing catalytic role in the promotion and development of Small Scale Industries and hastening the industrial dispersal throughout Tamilnadu.The key areas of TANSIDCO’s activities are a) development of industrial estates with infrastructure facilities and provision of work sheds & developed plots b)Raw Materials Supply Scheme c)Marketing Assistance Scheme d) Export Assistance Scheme e)Guidance to Entrepreneurs