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Industrial Infrastructure Facilities - State Government Bodies
Karnataka - Industrial Development Corporation
  •  To act as catalyst for promoting industrial growth in the State, especially in the medium and large sector by
      Plan and formulate proposals for industrial infrastructure development projects after assessing the need in different sectors/areas; and   
      Monitor the specified mega projects during implementation as the nodal agency.
 
Activities  
      Industrial Parks/Townships  
      Industrial Growth Centres  
      Airport of international standard  
      Minor Airports  
      Sea Ports

To Act As State Level Development Finance Institute

    Provides a host of products and services, from project conception to post production stage, to new projects as   well as for expansion, modernisation or diversification of existing companies in the small, medium and large scale sectors, including sectors like health care , hospitals, hotels, tourism, etc.,  
          Important products offered : 
     
        Normal term loan (Upto Rs 600 lacs per company)   
        Equipment finance (Upto Rs 400 lacs per company)  
        Lease finance (normally upto Rs 300 lacs per company)  
        Corporate loan (normally upto Rs 200 lacs per company).  
        Bill discounting (upto Rs 200 Lacs per company)  
        Non-Convertible Debentures (upto Rs 500 Lacs per company)  
        Bridge loan against subsidy  
        Rehabilitation loan (need based)  
        Deferred payment guarantees  
        Letter of Credit
           Financial Services Offered  
        Public/Rights issue management  
        Investment in public issues (DFI Quota)  
        Bought out deals  
        Project consultancy/Project appraisal  
        Credit syndication  
        Management advisory services  
        Underwriting of shares
    It is a Category I Merchant Banker recognised by SEBI
To Perform Promotional Activities : KSIIDC performs following industrial promotional activities for growth of industries in the state 
      Project identification  
      Identification and selection of suitable entrepreneurs  
      Assistance in securing statutory and Government approvals/clearances   
      Direct participation in equity  
      Promotion of joint  sector projects  
      Providing of escort services  
      Acting as a nodal agency of Government of Karnataka for specified major/mega projects  
      Attracting industrial investment including direct foreign investment and NRI investment.  
      Arranging meetings of the industrialists and other related bodies to study industry problems/issues  
      Conducting industrial promotion campaigns within and outside the State.  
      Organising visits of delegation of industrialists from Karnataka to overseas countries.  
      Inviting delegations and trade bodies from overseas countries to explore investment opportunities in Karnataka. 
 
Contact :  

Karnataka State Industrial Investment and Development Corporation Limited
 
`MSIL HOUSE' 36, Cunningham Road,  
Bangalore - 560 052, INDIA   
Tel :91-80- 2258609  
Fax : 91-80-2255740