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INDUSTRIAL DEVLOPMENT
CORPORATION
What is industrialisation?
Industrialization is the period of social and economic change
that transforms a human group from an agrarian society into
an industrial society, involving the extensive re-organisation of
an economy for the purpose of manufacturing.
2
» Important for countries
progress
» Improve and enhance
economic growth
» Development of social
overhead
Why industrialisation is important?
» Improves productivity
and quality of goods
» Improves standard of
living
» Better utilisation of raw
materials
3
» Established in 1940, IDC is a national
development finance institution.
» It was setup to promote economic
growth and industrial development.
» The corporation is owned by south
African government under the
supervision of economic development
department.
4INTRODUCTION
CONCEPT
to be primary driving force of commercially
sustainable industrial development and
innovation for the benefit of south Africa and the
rest of World.
5
BIG
HISTORY
» IDC was developed by the act of parliament (IDC act no. 22 of
1940).
» It was created as a consequence of 2nd world war and the great
depression.
» IDC founding chairman was Hendric vendor.
» It had played a key role to the rise of SA as an major industrialized
country.
» The first IDC-funded and managed company worked in the field of
wool cleaning and conditioning.
6
Why was IDC built ?
» To promote economic development.
» To facilitate Industrialization.
» To create new Industries.
» Create direct and indirect employment.
» To Promote entrepreneurship.
» To enhance Economic empowerment.
7
CURRENT SCENERIO
Rs 137.0
Billion total assets in 2018
Rs 8.0
Billion approved for the
manufacturing sector in 2018
8
Rs 15.4
Billion total funding distributed
in 2018
Rs 7.9
Billion approved for black
industrialists in 2018
Performance overview
Rs 7.9 billion
Approved for black industrialists
Rs 9.7 billion
Approved for black empowered
companies
9
Rs 16.7 billion
202 transactions approved
Rs 15.4 billion
Total funding disbursed
Performance overview
Rs 3.2 billion
Net profit after tax
Rs 2.2 billion
Approved for businesses with women
entrepreneurship of more than 25%
10
Rs 1.0 billion
Approved for businesses with
youth ownership
Rs 8.0 Billion
Approved for the manufacturing
sector
INFLUENCE OF IDC OVER INDIA : NIDC
» Established on : 20th October 1954
» Established by : central government of India
» Aim: to achieve balance development of industries in private as well as
public sector
» Status: liquidated
» Company category: company limited by shares
» Company sub category: non government company
» Company class: public
» Age: 64 years
11
HISTORY AND WORKING
» The corporation was setup with the authorised capital of 1 crore
» 10 lakh was contributed by government which was increased by 50 lakhs
by the starting of 1963
» The NIDC has been started for providing assistance to cotton jute and
sugar industries for modernisation
» In the year 1970 it rendered consultancy services worth RS 69 lakhs
» The services of NIDC are being availed by Indians , foreign entrepreneurs as
well as united nation organisation
12
IDC Sectors 13
Funding Instruments and its Requirements 14
IDC FUNDING
• IDC has offices in all provinces
• Regional offices are fully fledged operational offices that form part
of the IDC’s deal origination process
• Satellite offices do not have permanent staff and are manned at
specific times by employees from the regional office. These
offices are generally shared with other DFIs or agencies
• Access to IDC funding has been improved by allowing on-line
applications and an on-line tool to assist businesses to develop
business plans.
15
Challenges for IDC
» Uncertain economic environment and continued job losses.
» Energy and other infrastructure constraints.
» Limitations on IDC’s ability to take controlling interests in projects in a rescue
situation and starting strategic projects.
» Lack of policy coordination.
» Identifying, developing, funding and implementing projects; and
» Providing finance to entrepreneurs applying for funding.
16
Roles
• The vision of IDC is to be the primary source of commercially sustainable industrial development and
innovation to the benefit of the Republic of South Africa (“South Africa”),,
• The objects of IDC include amongst other things the facilitation, promotion, guidance and
assistance in the financing of:
» new industries and industrial, or ancillary or related economic, undertakings; and
» schemes for the expansion, better organisation and modernisation of and the more efficient
carrying out of operations in existing industries and industrial, or ancillary or related
economic, undertakings
• IDC is empowered, to amongst other things:
» lend or advance money to any company or other person engaged in or proposing to
establish or to expand or modernise any activity referred to in the IDC Act; and
17
Conclusion:
» Indian economy is going thorough a very good time and is
posting new highs on a regular basis. The per capita income
growth rate during 2006-2007 was 13%. As the real estate
sector has a high correlation with the overall economic
growth of the economy, so the expansion of this sector is
also phenomenal.

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Introduction to Value Added Tax System.pptIntroduction to Value Added Tax System.ppt
Introduction to Value Added Tax System.ppt
 

Industrial Development Corperation

  • 2. What is industrialisation? Industrialization is the period of social and economic change that transforms a human group from an agrarian society into an industrial society, involving the extensive re-organisation of an economy for the purpose of manufacturing. 2
  • 3. » Important for countries progress » Improve and enhance economic growth » Development of social overhead Why industrialisation is important? » Improves productivity and quality of goods » Improves standard of living » Better utilisation of raw materials 3
  • 4. » Established in 1940, IDC is a national development finance institution. » It was setup to promote economic growth and industrial development. » The corporation is owned by south African government under the supervision of economic development department. 4INTRODUCTION
  • 5. CONCEPT to be primary driving force of commercially sustainable industrial development and innovation for the benefit of south Africa and the rest of World. 5 BIG
  • 6. HISTORY » IDC was developed by the act of parliament (IDC act no. 22 of 1940). » It was created as a consequence of 2nd world war and the great depression. » IDC founding chairman was Hendric vendor. » It had played a key role to the rise of SA as an major industrialized country. » The first IDC-funded and managed company worked in the field of wool cleaning and conditioning. 6
  • 7. Why was IDC built ? » To promote economic development. » To facilitate Industrialization. » To create new Industries. » Create direct and indirect employment. » To Promote entrepreneurship. » To enhance Economic empowerment. 7
  • 8. CURRENT SCENERIO Rs 137.0 Billion total assets in 2018 Rs 8.0 Billion approved for the manufacturing sector in 2018 8 Rs 15.4 Billion total funding distributed in 2018 Rs 7.9 Billion approved for black industrialists in 2018
  • 9. Performance overview Rs 7.9 billion Approved for black industrialists Rs 9.7 billion Approved for black empowered companies 9 Rs 16.7 billion 202 transactions approved Rs 15.4 billion Total funding disbursed
  • 10. Performance overview Rs 3.2 billion Net profit after tax Rs 2.2 billion Approved for businesses with women entrepreneurship of more than 25% 10 Rs 1.0 billion Approved for businesses with youth ownership Rs 8.0 Billion Approved for the manufacturing sector
  • 11. INFLUENCE OF IDC OVER INDIA : NIDC » Established on : 20th October 1954 » Established by : central government of India » Aim: to achieve balance development of industries in private as well as public sector » Status: liquidated » Company category: company limited by shares » Company sub category: non government company » Company class: public » Age: 64 years 11
  • 12. HISTORY AND WORKING » The corporation was setup with the authorised capital of 1 crore » 10 lakh was contributed by government which was increased by 50 lakhs by the starting of 1963 » The NIDC has been started for providing assistance to cotton jute and sugar industries for modernisation » In the year 1970 it rendered consultancy services worth RS 69 lakhs » The services of NIDC are being availed by Indians , foreign entrepreneurs as well as united nation organisation 12
  • 14. Funding Instruments and its Requirements 14
  • 15. IDC FUNDING • IDC has offices in all provinces • Regional offices are fully fledged operational offices that form part of the IDC’s deal origination process • Satellite offices do not have permanent staff and are manned at specific times by employees from the regional office. These offices are generally shared with other DFIs or agencies • Access to IDC funding has been improved by allowing on-line applications and an on-line tool to assist businesses to develop business plans. 15
  • 16. Challenges for IDC » Uncertain economic environment and continued job losses. » Energy and other infrastructure constraints. » Limitations on IDC’s ability to take controlling interests in projects in a rescue situation and starting strategic projects. » Lack of policy coordination. » Identifying, developing, funding and implementing projects; and » Providing finance to entrepreneurs applying for funding. 16
  • 17. Roles • The vision of IDC is to be the primary source of commercially sustainable industrial development and innovation to the benefit of the Republic of South Africa (“South Africa”),, • The objects of IDC include amongst other things the facilitation, promotion, guidance and assistance in the financing of: » new industries and industrial, or ancillary or related economic, undertakings; and » schemes for the expansion, better organisation and modernisation of and the more efficient carrying out of operations in existing industries and industrial, or ancillary or related economic, undertakings • IDC is empowered, to amongst other things: » lend or advance money to any company or other person engaged in or proposing to establish or to expand or modernise any activity referred to in the IDC Act; and 17
  • 18. Conclusion: » Indian economy is going thorough a very good time and is posting new highs on a regular basis. The per capita income growth rate during 2006-2007 was 13%. As the real estate sector has a high correlation with the overall economic growth of the economy, so the expansion of this sector is also phenomenal.