PIPDIC at a glance

PIPDIC


 

ORGANISATION


Registered under Companies Act 1956.

Authorised Share Capital - Rs. 45 crores  

Paid up capital

Rs. 40.40rores

Government of Pudhucherry

Rs. 31.86 crores 

IDBI

Rs. 8.54 crores

Board Managed 

 

BOARD OF DIRECTORS

Chief Secretary to Government

Chairman

Secretary to Govt  (Finance)

Director

Secretary to Govt (Industries)

Director 

Dy. General Manager,

Indian Bank Nominee

Director

Thiru B. Thayalan, Industrialist

Director

Thiru K. Dhinagaran, Industrialist

Director

Thiru  Rattan Singh

Managing Director


 

FINANCIAL RESULTS AS ON 31-3-2007

  • Cumulative sanctions

Rs.23,549.67 lakhs

  • Cumulative disbursement

Rs. 20,925.14 lakhs

  • Net profit for 2006-07  - Rs. 3.24 crores


 

OBJECTIVES

  • Industrial Finance
  • Development of Industrial Estates
  • Equity participation

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

 

INDUSTRIAL POLICIES

  • To Promote sustainable industrialisation in the Union Territory of Pudhucherry.
  • 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 Pudhucherry 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 Pudhucherry including its heritage and culture.
  • To ensure balanced industrial development in all the regions of the Union Territory. 

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