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What is Rajasthan State Industrial Development and Investment Corporation mean?
Rajasthan State Industrial Development and Investment Corporation Ltd., popularly known as RIICO, is a premier agency of Government of Rajasthan that has played an important role in the industrial development of Rajasthan. In 1980 RSIMDC split into RIICO & RSMDC.
RIICO is owned by Government of Rajasthan and it is a apex organisation of govt. of Rajasthan for development of industrial infrastructure with the state. RIICO is mainly engaged in site selection and acquisition of land, developing infrastructure for industrial area, financial assistance to small, medium and large-scale projects, equity participation in large projects on merit,technical consultancy for project identification and technical tie up, escort services, facilitation of government clearances, extending incentives and concessions as per the policy of the State Government.
The Corporation was incorporated on 28 March 1969 as RSIMDC and got its present name on 1 January 1980. It has 30 unit offices in Rajasthan and has staff strength of about 800. RIICO has so far developed 360 industrial areas by acquiring about 85,390 acres (345.6 km2) of land. More than 42300 industries are in production within the industrial areas developed by RIICO in Rajasthan
Shri Parsadi Lal, Hon'ble Minister of Industries & State Enterprises :Shri Kuldeep Ranka, IAS, Chairman, RIICO & Principal Secretary to CM :Shri Ashutosh A.T. Pednekar, IAS, Secretary Industries & Managing Director RIICO
reference| Full Form | Category |
|---|---|
| Rajasthan State Industrial Development and Investment Corporation | Governmental |
| Rajasthan State Industrial Development and Investment Corporation (India) | Governmental |
| Rajasthan State Industrial Development and Investment Corporation Limited | Rajasthan Government |
Posted on 09 Jan 2025, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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