How to set up small scale industry - Further, it also provides assistance to small scale industries by taking orders from government of india owned enterprises and procures these machineries from ssi units registered with them, thus providing a complete assistance right from financing, training, providing raw materials for manufacturing and marketing of finished products of small scale industries, which would otherwise not be able to survive in face of competition from large and big business conglomerates. Also helps in organising supply of raw materials like coal, iron, steel and other materials and even machines needed by small scale private industries by mediating with other government companies like coal india limited, steel authority of india limited, hindustan copper limited and many others, who produce this materials to provide same at concessional rates to ssis. , it is also providing assistance by setting up incubation centres in other continents and also international technology fairs to provide aspiring entrepreneurs and emerging small enterprises a platform to develop skills, identify appropriate technology, provide hands-on experience on the working projects, manage funds through banks, and practical knowledge on how to set up an enterprise. The charter establishing it, the small industries development bank of india act, 1989 envisaged sidbi to be "the principal financial institution for the promotion, financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in the promotion and financing or developing industry in the small scale sector.
Starting a small scale industry of spare parts and providing employment to people.