Explanation:

Punjab Small Industries & Export Corporation limited was set in 1962 with the objective of supporting the individual in his endeavor to set up his own industrial unit. And help him and the small-scale industry to grow in Punjab. Today PSIEC Ltd. has grown to become a Rs. 2000 million profit making corporation, with committed workforce of about 1000 people. With growing interests in infrastructure development, distribution of raw materials, promotion of exports from state, providing marketing assistance to small scale industries & show casing & developing handicrafts through training & marketing finished products and is mainly engaged in distribution of iron and steel materials. As PSIEC Ltd. moves hand in hand with the individual in the 21st century, it envisages a border role for itself in laying the infrastructure for the industrial development in Punjab.