Punjab Small Industry & Export Corporation Ltd.

Punjab Small Industry and Export Corporation Ltd. (PSIEC)

Introduction
Main Activities of the Corporation
Provision of Raw Material to Small Scale Industry
Marketing and Emporia Activity
Export Promotion Activity

Introduction

Punjab Small Industries and Export Corporation Limited was set up in 1962 to assist small scale Industries in the State and is mainly engaged in distribution of iron and steel materials, development of infrastructure promotion of export from small scale industries and marketing of products manufactured by small scale units through a network of emporia. The Corporation is involved in the following activities:

.    Development of infrastructure facilities
·    Deposit works by Engineering Wing
·    Distribution of iron and steel material
·    Marketing of products through emporia
     and marketing divisions
·    Promotion of exports.

MAIN ACTIVITIES OF THE CORPORATION

INFRASTRUCTURE DEVELOPMENT ACTIVITY:

INDUSTRIAL FOCAL POINTS:
PSIEC has been acting as a catalyst for promoting industry in Punjab Through development of industrial infrastructure, popularly known as Industrial Focal Points (IFPS) of 50 acres to 500 acres in various important industrial towns and cities.

A total of 7281 plots of various sizes between 300 sq.yds to about 3 acres have been developed, out of which 6796 plots already stand allotted.

The small and medium industries set-up on these plots are contributing significantly to the industrial production of the State besides providing employment to a large number of unskilled, skilled and technical persons.

GROWTH CENTRE AT BATHINDA & PATHANKOT:
To accelerate the industrial growth of the State and give a strong impetus to the industrialization of particularly backward areas, two growth centers have been allocated by the Govt. of India at Bathinda and Pathankot, for which PSIEC has been retained as a nodal agency for the development of these growth centers. The cost of these projects is Rs. 37.43 crore for Bathinda and Rs. 31.00 crore for Pathankot. 400 acres of land each for Bathinda and Pathankot has been acquired and basic development works are nearing completion.

EXPORT PROMOTION INDUSTRIAL PARK:
It is centrally sponsored export promotion scheme over an area of 175 acres in Industrial Phase-VIII Dhandari Kalan. The basic development works in EPIP are nearing completion and the plots have also been allotted to the prospective entrepreneur during December,1996. This shall give a big boost to export from Punjab.

AREAS UNDER DEVELOPMENT:
Development works in the industrial Phase-VIII, Dhandari Kalan and Phase-VIIIA, SAS Nagar, Mandi Gobindgarh, Naya Nangal are nearing completion. Further the development works for I.F.P. abohar, Mini Growth Centre at Tanda have also been taken up during the year. Land for the Development of Industrial Phase-VIIIB,SAS NAGAR has also been acquired and development work shall be taken up shortly. Land acquisition is in progress for Samrala, Phagwara, Kapurthala and Rubber Goods Complex, Jalandhar. About 10,000 plots of various sizes would be developed in these focal points which would provide employment to about the one lakh workers when fully developed.

 

NEW FEATURES:
With a view to provide world class infrastructure in the new focal points, emphasis in all industrial estates shall be for development of pollution free industrial for which the Corporation is planning to install Common Effluent Treatment Plants. Besides, following additional features will be added:

• Setting up of power sub station and distribution network to enable the allottees to obtain power connections instantaneously.
• Providing of telephone exchanges so that telecommunication facilities are immediately available.
• Development of housing facilities for workers/staff.
• Setting up of effluent treatment plants.
• Setting up of business centers equipped with meeting/exhibition halls, telecommunication facilities,
• banking and post offices, cafeteria and recreation facilities.

To provide all these facilities and bring them at par with world class industrial centers, it is proposed to enter into joint ventures with private companies in the field of infrastructure development.

PROVISION OF RAW MATERIAL TO SMALL SCALE INDUSTRY :
Procurement and distribution of essential raw materials has been the main activity of the Corporation since its very inception Steel and Pig Iron are procured from the main producers like SAIL, IISCO, TISCO, RINL etc. and then distributed to Small Scale Industries throughout the state for which the Corporation has a network of Depots and steel yards. Procurement and distribution figures for the different years are as under:

HANDLING AGENCY: 

PSIEC is also the handling agent for SAIL, and IISCO and HZL, Jalandhar. The materials handled during different year are as under.
 

A)  GROWTH CENTRES AT BATHINDA & PATHANKOT:
To accelerate the industrial growth of the State and give a strong impetus to the industrialization of particularly backward areas, two growth centres have been allocated by the Govt. of India at Bathinda and Pathankot, for which PSIEC has been retained as a nodal Agency for the development of these growth centres. The cost of these projects is Rs. 37.43 crore for Bathinda and Rs.  31.00 crore for Pathankot. Both the Growth Centres have been developed and number of prestigious projects e.g. ‘The Tribune’ Press, M/s Hindustan Insecticide Ltd., M/s Bharat Petroleum beside other major industries have come up at Bathinda and a unit of M/s Pioneer Industry producing gulucone and starch has also come up at Pathankot.

B)    EXPORT PROMOTION INDUSTRIAL PARK:
It is centrally sponsored export promotion scheme over an area of 175 acres in Industrial Phase-III Dhandari Kalan. The development works in the EPIP have been completed and plots have also been allotted to the prospective entrepreneurs during December 1996. This shall give a big boost to export from Punjab.

C)    AREA UNDER DEVELOPMENT:
Industrial Focal Point Phase VIII Dhandari Kalan, Phase VIII A&B, SAS Nagar, Mandi Gobindgarh , Naya Nangal, Abohar and Muktsar have been completed. Development works of IID Centre Tanda have also been completed. The work of development of IFP Malout has not been completed but deferred.

TRADE INFORMATION CENTRE 

PSIEC, being a Nodal Agency for the promotion of exports has set up a Trade Information Centre in its Head Office at Chandigarh comprising a well-equipped library for offering various information services associated with international trade to the Exporters, Industrialists & Entrepreneurs.  This centre is having a computerised link up with “ THOMSON  DIALOG” a US based company, facilitating instant on-line access to international data bases. DIALOG is the largest and most comprehensive on-line information service in the world with over 700 databases from broad range of disciplines. Besides this, the center is having a library equipped with host of information from various trade/publications, directories, exporters Encyclopedia, research study reports, publications of IIFT in connection with export and import trade. Also available are the KOMPASS INTERNATIONAL DIRECTORIES which contain information about the products , their manufacturers, exporters, distributors, stockiest as well as company name and address  EXPORTER’S ENCYCLOPAEDIA contains profiles of each country.

MARKETING AND EMPORIA ACTIVITY:

Marketing Division at Head Office assist small industries to market their products to customers in different locations, as well as to the Government departments. 

Turnover and profit/loss of Marketing Divisions: (Fig in Rs. Lakh)

Year	Turnover	Profit/loss
1997-98	81.00	(-) 5.00
1998-99	81.74	(-) 5.31
1999-2000	118.00	(-) 4.85
2000-01	46.45	(-) 6.12
2001-02	1155.00	(+)51.75
2002-03	339.00	(-) 4.57

EXPORT PROMOTION ACTIVITY:

1. Nodal Agency: PSIEC is a Nodal Agency of Punjab Government for promotion of exports and nominated agency for the implementation of Central Government scheme known as assistance to State for Development of Export Infrastructure and Allied activities (ASIDE). A State Level Export Promotion Committee (SLEPC) has been constituted under the Chairmanship of Chief Secretary; Punjab to approve the different Govt. projects under the scheme. District level Export Promotion Committee (DLEPCs) have also been constituted for this purpose. An expert group to formulate State Export Strategy has also been constituted to boost exports. The Corporation has already received a sum of Rs10.00 crores from the Govt. of India under the ASIDE scheme during 2003-04, SLEPC during its 3^rd meeting held on 3.3.2004, approved assistance for different projects worth Rs17.08 crore. PSIEC is making every effort to solve all type of problems of the Exporters. 

2. Setting up an Apparel Export Park at Ludhiana:  The Corporation has signed a joint Collaboration Agreement with APPEAL, Ludhiana for setting up Apparel Export Park in joint sector at Ludhiana with an estimated cost of Rs. 40 crore. A new company named Punjab Apparel park Limited has been set up for implementation of the Project. Project would be eligible for Central Financial Assistance as per Scheme of the Ministry of Textiles, Govt. of India.

3. Setting up Special Economic Zone in Punjab:  With the approval of Punjab Government, PSIEC has already started process for setting up of a Special Economic Zone in Punjab with World Class infrastructure.  Draft pre-feasibility report has been received from consultant M/s Feedback Ventures and under consideration of the State Government.

4.Seminars:  The Corporation is organizing various Seminars on Export Procedure and Documentation WTO and New Regime Problems relating to the Central Excise and Customs. Seminars on facilities provided by Exim Bank was also organised from time to time. A seminar on export promotion from Punjab was held in the month of August 2003 in collaboration with F.I.E.O. at Ludhiana to resolve the grievances of exporters.

5. Participation in the IITF(Indian International Trade Fair):   On behalf of the Punjab Govt. PSIEC every year participate in the India International Trade Fair to be held from 14^th to 27^th November at Pargati Maidan, , New Delhi and different Govt. Departments/Manufacturers of Punjab State display their products at Punjab Pavilion.

6. Participation in International Trade Fair:  The Corporation is playing a coordinating role for participation of exporters/manufacturers in the international trade. Recently, the Corporation has sponsored a delegation of Manufacturers/Exporters of Engineering Goods from Punjab, for marketing their products to South American countries like Brazil, Peru, Venezuela and Columbia Paraguay and Chile etc. in June 2003.  

7. Setting up Petrol Pumps in the focal points developed by the PSIEC:  With the approval of Principal Secretary, Industries and Commerce, Punjab, the Corporation has allotted 13 petrol pumps sites to different oil companies in the already developed focal points, which will be run by the Corporation itself. Oil companies are further taking up the matter for getting N.O.C. issued.

For More details please contact.

PUNJAB SMALL INDUSTRIES & EXPORT CORPN. LTD.
18, HIMALYA MARG. UDYOG BHAWAN,
SECTOR-17A, CHANDIGARH. 160017(INDIA)
TELEPHONE NO. 0172-2702401, 2702301-05
FAX NO. 0172-2702039
E-mail: indcorp@psiec.gov.in

Official website of Punjab Small Industries & Export Corporations Ltd.

http://www.psiec.gov.in/