Since inception, the procurement and distribution of essential Raw materials has been the main activity of the Corporation. Steel and Pig Iron and Coal are procured from the main producers/departments like SAIL, RINL, Coal India Limited, and then distributed to SSI Units throughout the state for which the Corporation has a network of depots at Ludhiana, Jalandhar, Mohali, Batala and Amritsar. Corporation is also Nodal Agency of Govt. of Punjab for procurement and distribution of Coal to small & medium and other units.
Punjab Small Industries & Export Corporation limited was setup 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.