Industrial Infrastructure
Facilities - State Government Bodies
Jammu
& Kashmir - State Industrial Development Corporation
J & K State Industrial Development
Corporation (J&K SIDCO) was established
in 1967 to act as a catalyst to inspire and accelerate
the industrial development in the State. The promotion
of industries is by way of identification and formulation
of techno economically viable projects and tie up of
appropriate technologies and collaborations for the
requirement of industries. J & K SIDCO has developed
growth centres at Lassipura
and Samba.
J & K State Industrial Development Corporation (J&K
SIDCO) was established in 1969 to act as a catalyst
to inspire and accelerate the industrial development
in the State. The promotion of industries is by
way of identification and formulation of techno economically
viable projects and tie up of appropriate technologies
and collaborations for the requirement of industries.
Activities of J &
K SIDCO
J&K SIDCO is the nodal agency
for promotion and development of medium and large scale
industries in the State. It have been entrusted with
the following important assignments of development of
industry in the State :
To conduct work for promotion
of industry in the State by conducting seminars, helping
entrepreneurs in obtaining LOI., etc.
Identification of technically
feasible and financially viable projects for the State
of Jammu & Kashmir.
Development of infrastructural
facilities for medium/large scale industrial projects.
Grant of financial assistance
to industrial projects having investment upto Rs.
500 lacks and participation in the equity of selected
joint/assisted sector projects.
The Corporation has established
7 Industrial estates to provide infrastructure facilities
at identified locations suitable for industrial development
through out the length and breadth of the State. Within
each Estate developed land is available at a very
subsidized rate.
Industrial Growth Centres and Export
Promotion Industrial Parks are being set up in both
Jammu region and Kashmir valley separately, by way of
acquiring land, constructing internal roads, affluent
disposal facilities, providing water and power in the
industrial estate. Amenities like Stations, Restaurant,
Bank, Post Offices, Housing, Schools, Hospitals, Shopping
Centres, Convention Centres etc. are the main infrastructure
facilities. J&K SIDCO is also developing product
specific Industrial Estates to fulfil the functional
needs of certain industries like Textiles, Electronics
and Software development, Food Processing etc.
The Corporation also offers a variety
of financial assistance for setting up new units and
for expansion/diversification/modernization of existing
projects. For Medium and large scale projects including
Tourism related and Micro Hydel Power Projects, the
assistance can be availed in consortium arrangements
with Central and State level institutions or banks.
J&K SIDCO has also promoted
projects in Joint and Assisted Sectors.
J&K SIDCO's scale of operations
cover fields as diverse as engineering, electronics,
software development, pharmaceuticals, hotels, textiles,
and power generating projects etc.
