PIPDIC

    at a glance

PIPDIC


 

ORGANISATION

Date of Incorporation : 17th April 1974
Registered under Companies Act 1956.

Authorised Share Capital - ` 45 crores  

Paid up capital

` 40.40rores

Government of Pudhucherry

` 31.86 crores 

IDBI

` 8.54 crores

Board Managed 

 

BOARD OF DIRECTORS

P. Angalane, MLA

Chairman

Secretary to Govt  (Finance)

Director

Secretary to Govt (Industries)

Director 

Dy. General Manager,

Indian Bank Nominee

Director

Thiru G. Ragesh Chandra,IAS

Managing Director

 

OBJECTIVES

  • Industrial Finance
  • Development of Industrial Estates
  • Equity participation

Aiding, counseling, protecting and promoting the interests of Industries in Puducherry

 

INDUSTRIAL POLICIES

  • To Promote sustainable industrialisation in the Union Territory of Puducherry.
  • To gainfully utilise the human resource of the territory and maximise employment.
  • To improve the standard of living and quality of life of people of the Union Territory.
  • To conserve the environment of Puducherry for sustained and rapid industrial growth.
  • To participate in the globalisation of the economy with greater exports and imaginative imports.
  • To take advantage of the special features of Puducherry including its heritage and culture.
  • To ensure balanced industrial development in all the regions of the Union Territory

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