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Vendor Development Scheme

Purpose

Vendor Development Scheme (VDS) SME (manufacturing and service sector) vendors of OEMs/ large Corporates.

OEM

Any large well run Corporate, PSU, MNC having a good SME vendor base and a satisfactory external rating..

Purpose

  • SIDBI would sign an MOU with the OEM for the vendor development arrangement.
  • Under the arrangement flexible term loan assistance would be provided for capital expenditure for expansion, modernisation, diversification, WC of SME vendors based on comfort provided by OEM.
  • Need based customised Invoice discounting/ bill discounting facility can be structured for the vendors of OEM.

 

 
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