An Overview

Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities.

The MSME sector, the focused business domain for SIDBI, has been an important pillar of the Indian Economy, contributing up to 33% in the country’s Gross Value Added (GVA) as per FY 2014-15, with 51 million enterprises providing employment to over 117 million Indians. Over the years, SIDBI has been working towards the sustainable development of MSME sector, pioneering efforts that have manifested in creation of economic wealth, its distribution for an egalitarian society while preserving the ecological wealth of the country. These include the innovative Credit Plus model, where credit is supplemented with advisory and mentoring facilities to MSMEs. Some of SIDBI’s other revolutionary initiatives include the MFI-led Microfinance movement in India that has nurtured and strengthened more than 100 MFIs and facilitated creation of SFBs, introducing a culture of energy efficient and sustainable finance for the MSME sector, introducing Venture Capital, Risk Capital, Reverse Factoring and other innovative facilities that have been later adopted by various public and private players in the country.

Today, through a motivated and focussed approach towards resolving both financial and non-financial hurdles of the rising number of MSMEs, SIDBI has undertaken a series of structural initiatives and strategic interventions that will help make the MSME sector a strong and vibrant sector.

IamSMEofIndia Posts

IamSMEofIndia Presents
Collective Procurement Program for SMEs

Let's buy together for the Best Deals!
Huge Savings, Convenience and Complete peace of mind for all

• Raw materials
• Office Equipment
• Industrial consumables
• Electricals, Motors, Lights
• construction materials
Capital Goods, machinery, Testing Equipments
• IT Hardware & Softwares,
• Housekeeping & Manpower Sourcing
• Anything and everything we need!

Next Meeting of Special Procurement Group- SPG:
21st September 2018, Friday
3.00pm - 4.30pm
IamSMEofIndia Habitat Centre, Sector 11, Mathura Road, Faridabad

Join & Lead the Mission

SMS "I will Lead Procurement - your email id" to 9711123111
... See MoreSee Less

View on Facebook

2 days ago

I am SME of India

IamSMEofIndia presents
Industry 4.0 Cell
Get ready for the Future!
Automate, Integrate with Industry 4.0

Experts on Industry 4.0 shall be with us. Meet them, discuss, take them to your site, explore automation and next-generation possibilities.

Creation of Special Cell for Industry 4.0
20th September 2018, Thursday
3.00pm - 4.30pm
IamSMEofIndia Habitat Centre, Sector 11, Mathura Road, Faridabad

If you wish to join, please SMS "Industry 4.0 - your email id" to 9711123111
This meeting is exclusively for Entrepreneurs.
Please DO NOT nominate Employees without prior approval
... See MoreSee Less

View on Facebook

5 days ago

I am SME of India

#iamSMEofIndia wishes you a very Happy Vishwakarma Puja

Lord Vishwakarma is the divine craft man, sculptor, and architect of the Gods and also the creator of the universe.
May Lord Vishwakarma always bless you.
... See MoreSee Less

View on Facebook

(A Not-for-Profit Institution to support Micro Small & Medium Enterprises)