• The 'District Industries Centre' (DICs) programme was started by the central government in 1978 with the objective of providing a focal point for promoting small, tiny, cottage and village industries in a particular area and to make available to them all necessary services and facilities at one place.
• The District Industries Centre is the institution at the District level, which provides all the services and support facilities to the entrepreneur for setting up Micro, Small and Medium Enterprises. This included identification of suitable schemes, preparation of feasibility reports, arrangements for credit facilities, machinery and equipments, provision of raw materials and development of industrial clusters etc.
• Established in 1940
• Vision is to be primary driving force of commercially sustainable industrial development .
• Industrial development Corporations are companies or agencies in India which were established at various times under the policy of Government of India for the promotion of small - scale industries.
• A Central Industrial Finance corporation was set up under the industrial Finance corporations Act, 1948 in order to provide medium and long term credit to industrial undertakings which fall outside normal activities of commercial banks.
• The State governments expressed their desire that similar corporations be set up in states to supplement the work of the Industrial financial corporation. State governments also expressed that the State corporations be established under a special statue in order to make it possible to incorporate in the constitutions necessary provisions in regard to majority control by the government, guaranteed by the State government in regard to the payment principal. In order to implement the views Expressed by the State governments the State Financial Corporation bill was introduced in the Parliament.
• Small Industries Development Bank of India (SIDBI), set up on April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.
• It was incorporated initially as a wholly owned subsidiary of Industrial Development Bank of India.
• The purpose is to provide refinance facilities and short term lending to industries. Its headquarters is in Lucknow.
• Former Deputy Managing Director is Shri N.K. Maini. Dr. Kshatrapati Shivaji is the new Chairman and Managing Director of the organisation.
2. INTRODUCTION
• Established in 1940
• Vision is to be primary driving force of commercially sustainable
industrial development .
• Industrial development Corporations are companies or agencies in
India which were established at various times under the policy of
Government of India for the promotion of small - scale industries.
4. AIMS
• Promoting entrepreneurship through the building of competitive
industries and enterprises based on sound business principles.
• Supporting industrial development capacity and promoting
entrepreneurship .
5. OBJECTIVES
• Identification and Promotion of small, medium, large and mega
industrial projects.
• Providing financial assistance.
• To promote and operate schemes for industrial development of state
and country.
7. KEY AREAS
• Identification of Investment Ideas
• Translating idea into concrete proposals
• Feasibility study, Project Evaluation
• Financial Structuring
• Assisting in central and state Govt. clearness
• Industrial and Infrastructure development
8. FUNCTIONS
• To stimulate, facilitate and encourage the establishment and
development of industry.
• Promote investment opportunities locally, regionally, and
internationally
• Facilitate the design, development, construction, maintenance and
administration of industrial parks.
• Facilitate the sustainable development, growth and expansion of
small and medium scale enterprise.
• To promote industrial units for optimum utilization of resources.
10. Board Of Directors
Chairman
Vice Chairman
Managing Director
Executive Director I Executive Director II
General Manager
Corporate Affairs/ Corporate communication and
company Secretary
Advisor Advisor Advisor
(Project) (CSR & HRD) ( F&A)
Deputy General Deputy General Deputy General
Manager I Manager II Manager III
11. Schemes of IDC
• Credit Link Capital Subsidy Scheme (CLCSS) and Micro, small and
medium Entrepreneurship Schemes (MSME) schemes for technology
up gradation.
• Entrepreneurship Development Institutions (EDI) scheme
12. Programs conducted by IDC
• Credit Monitoring cell for micro, small and medium Enterprises.
• Entrepreneurship Development Programs
• Enterprise and skill development programs
• Information about setting up a business enterprise is provided.
13. Funding, investment and support in the
following sectors
• Agro- and Petro-Chemicals
• Agro-Processing and Agriculture
• Automotive and Transport Equipment
• Chemical Products and Pharmaceuticals
• Clothing and Textiles
• Heavy Manufacturing
• Industrial Infrastructure
• Light Manufacturing
• Machinery and Equipment
• Media and Motion Pictures
• Metals and Mining
• New Industries
• Tourism
14. Outcomes of development efforts of the IDC
• Sustainable employment
• Regional equity
• Industrialisation
• Environmentally sustainable growth
• New entrepreneurs enter.
15. INDUSTRIAL DEVELOPMENT CORPORATIONS
• Following STATES have INDUSTRIAL DEVELOPMENT CORPORATION
• Chhattisgarh ( Bilaspur )
• Gujarat ( Ahmedabad, Gandhinagar , Sabarkantha )
• Goa ( Panjim, Goa)
• Himachal Pradesh ( Shimla )
• Jammu and Kashmir ( Rambagh, Srinagar )
• Kerala (Thiruvanthapuram, Kochi )
• Maharashtra ( Andheri, Mumbai )
• Odisha ( IDCO Towers, Bhubaneswar )
• Punjab ( Mohali, Chandigarh )
• Rajasthan ( Jaipur )
• Tamil Nadu ( Chennai )
• Tripura (Khejur Bagan )
• Uttarakhand ( Dehradun )