Starting off with a simple Hire Purchase Scheme, NIDC began operating the Refinance Scheme of the IDBI in 1978 and thereafter schemes of NSFDC from 1992-93 and NMDFC in 1997-98.

The NIDC had set up a Sugar Mill in 1973-74 and a Distillery in 1974-75.

TERM LENDING : Term lending till date has been NIDC's mainstay. Under various schemes, assistance has been advanced to over 2700 entrepreneurs (March 2002).

The Corporation shall shortly resume operation of the refinance schemes of the Small Industries Development Bank of India (SIDBI) shortly.

INDUSTRIAL ESTATES : NIDC has two Industrial Estates at Dimapur. The Industrial Estates covering a total area of 40 acres has 25 ready built Standard Factory Sheds and adequate area for small industrial plots. A mini Tool House is being incorporated at the industrial estate.

EXPORT PROMOTION INDUSTRIAL PARK : An Export Promotion Industrial Park (EPIP) in Nagaland is being implemented by NIDC. Industrial plots as well as Standard Design Factory sheds with high quality industrial infrastructure, convention centre, telecommunication facilities, etc in a secure environment is being incorporated at the EPIP which shall be completed within the next 1 year.

NAGALAND HOSTELS LIMITED : NIDC's wholly owned subsidiary, Nagaland Hotels Limited, has the only two hotels with Three Star facilities in Nagaland. Today these two properties are serving crucial infrastructure requirements both for leisure as well as business travellers. Click for Details .....

TRANSPORT SECTOR : NIDC, through its thrust in the transport sector, has created a genre of private transport operators and today there are private taxis and buses servicing every remote reach of the State thereby alleviating the transport and communication bottlenecks, a crucial infrastructure for development.

MICRO FINANCING : Besides term loan to the industrial sectors, NIDC also assists tiny and small borrowers through micro financing under schemes of the National Scheduled Tribes Finance & Development Corporation and the National Minorities Development & Finance Corporation.