What is (AIDC) Assam Industrial Development Corporation Ltd?
AIDC full form is Assam Industrial Development Corporation Ltd, it is a public sector undertaking of the Government of Assam which was established in the year 1965. The company is engaged in the business of industrial development in the state of Assam. AIDC has played a pivotal role in the development of industries such as tea, jute, textile, chemicals, and electronics in Assam. The company has also set up several large and small-scale industries in the state which have contributed to the economic development of Assam.
What is AIDC(Assam Industrial Development Corporation)?
AIDC was established in 1965 as a public sector undertaking with the objective of spearheading industrialization in Assam. The Corporation is the nodal agency for the promotion of medium and large-scale industries in the State. Over the years, AIDC has played a pivotal role in setting up several large and medium-scale industries in Assam in various sectors such as Petroleum & Natural Gas, Tea, Jute & Fibre, Food Processing, Textiles & Handloom, etc.
AIDC has played a pivotal role in the development of industry in Assam. It has set up several industrial estates and promoted many large and medium-scale industries in the state. AIDC has also provided financial assistance to a number of small and medium enterprises through its venture capital fund.
AIDC provides end-to-end solutions for setting up industries in Assam right from identification of land to infrastructural support to project implementation. The Corporation also provides financial assistance to eligible entrepreneurs through its venture capital fund ‘Assam Infrastructure Venture Fund’ (AIVF).
The Objectives of the Assam Industrial Development Corp(AIDC)
The Assam Industrial Development Corporation Ltd (AIDC) was established in 1965 as a public sector undertaking under the Government of Assam. The primary objective of the AIDC is to promote and develop industry in the state of Assam. Here is the list of main objectives of AIDC
| » | To promote, establish and execute industries/projects or enterprises for the manufacture and production of plant and machinery tools, implements, etc. which in the opinion of the company are likely to promote. |
| » | To promote and operate schemes for the industrial development of Assam. |
| » | To aid, assist and finance any industrial undertaking, project or enterprise whether owned or run by Government, statutory body, private company, or individual with capital credit, means, or resources for the prosecution of its works and business. |
| » | To promote and establish companies and associations for the execution of industrial undertakings. |
| » | To procure capital for or to provide machinery equipment and other facilities to any company or association for the purpose of carrying into effect any objects connected with the industrial development and to subscribe for underwrite or otherwise deal with shares, debentures. |
The corporation has made significant contributions to the economic development of Assam. It has helped create employment opportunities, generates revenue for the state government, and spur economic growth.
What Does AIDC Do?
AIDC is the Assam Industrial Development Corporation Ltd, The company is engaged in the business of promoting and developing industries in Assam. AIDC has been striving towards creating high standard industrial infrastructure in Assam for the growth and development of industries in the State.
AIDC provides financial assistance to industries in the form of loans and equity participation. It also provides infrastructure development support such as land acquisition, construction of factory buildings, roads, and water supply. In addition, AIDC provides technical and marketing support to industries. AIDC develops industrial parks and industrial areas in Assam.
How to Get Involved with AIDC
AIDC was established in 1965 as the apex industrial development organization of the Government of Assam. AIDC’s primary objective is to promote and facilitate industrialization in Assam.
AIDC provides a range of services to industry, including:
-Site selection and acquisition
-Identification of potential projects
-Preparation of project reports
-Liaison with government departments
-Coordination with financial institutions
-Provision of infrastructure facilities
-Construction management
-Technical consultancy.
Industrial Area Developed by AIDC in Assam
The Assam Industrial Development Corporation Ltd (AIDC) so far has developed 20 Industrial Parks and areas, few industrial parks are sector-specific. The Corporation has developed a number of industrial estates in different parts of the state, which have provided an impetus to the industrial development of Assam.
AIDC has developed an industrial area in Dibrugarh district, which is one of the most important industrial districts of Assam. The Corporation has also developed a number of other industrial areas in different parts of the state, which have been instrumental in the development of industries in Assam.
Here is the list of Industrial Areas in Assam
- Export Park
- Growth Centre, Matia
- Growth Centre, Balipara
- Industrial Infra, Demow
- Industrial Infra, Dalgaon
- Industrial Infra, Bhomoraguri / Naltali
- Industrial Infra, Malinibeel
- Industrial Infra, Titabor
- Industrial Infra, Silapather
- Industrial Infra, Nalbari
- Industrial Infra, Pathsala
- Industrial Estate Rangjuli, Goalpara
- Industrial Estate Nathkuchi, Nalbari
- Industrial Estate IPAL, Dhing
- Plastic Park
- Mega Food Park
- Bamboo Technology Park
- Industrial Park at Jabjabkuchi
- Tea Park
How to Buy/Lease Industrial Land/Plot in AIDC Assam
AIDC Assam has developed approx 20 industrial parks in Assam, you can buy industrial land in AIDC as well as you can take a factory or industrial plot on rent from AIDC to establish a factory in Assam. You can buy or lease industrial land/factory / warehouse on Industrialplot.com too.
