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Class 12 Tuition > Learn Business Studies > What is District Industries Centre? Explain its functio...
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What is District Industries Centre? Explain its functions.

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District Industrial Centres (DIC) are set up by the government of India to promote the Micro, small and medium scale enterprises (MSME) in a particular area to make them available all the required facilities are available at one place. Function of DIC: i. DIC act as a focal point to promote industries...
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District Industrial Centres (DIC) are set up by the government of India to promote the Micro, small and medium scale enterprises (MSME) in a particular area to make them available all the required facilities are available at one place. Function of DIC: i. DIC act as a focal point to promote industries in a particular district. ii. Provide SSI registration. iii. Advice the entrepreneur on the new business opportunity. iv. Organises marketing outlets in liaison with other government agencies. v. Advices the entrepreneurs on investments.vi. Prepares techno-economic feasibility report. vii. Help the entrepreneurs for buying raw materials. viii. Assist the entrepreneurs to obtain the bank loan. read less
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