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Welcome to our website. The
Puducherry Industrial Promotion
Development and Investment
Corporation Limited (PIPDIC) was
set up by the Government of Puducherry in 1974 with
the twin objective
of promoting the Industrial Development of
Puducherry and providing financial
assistance to entrepreneurs. It
is a limited company
with an authorised share capital of Rs.45
crores and has earned a
profit of Rs.3.24 crores for
the year 2006-2007. PIPDIC provides
various facilities such as Term loans, Equity
participations / Underwriting of Capital issues, Hire Purchase and
Lease Financing, IT & Electronic Parks/Growth Centre/Industrial
Estates. Brief
particulars of various schemes are set out in the following pages.
Details of individual schemes and procedures for availing
assistance may be obtained from the office of PIPDIC.
Details of the proposed
projects, Incentives and Concessions
available in the
Union Territory of Puducherry are provided for ready reference. The
Industrial Policy of
the Government is well
structured and
comprehensive aimed at ensuring overall
growth of the Union Territory.
Vibrant economy,
reliable power supply, excellent
infrastructure, skilled
manpower and
attractive concessions with
incentives have
made Puducherry
a
favourite destination for investors. We,
therefore, invite you to invest in
Puducherry and assure
our fullest co-operation in shaping your
ideas into reality. The
information available may not be exhaustive but we
hope it answers
several questions on the various aspects
of investments in Puducherry.
You may feel free to
contact us for further clarification,
if any. Looking forward to see
you soon in our land of peace
and spirituality. RATTAN SINGH, MANAGING
DIRECTOR. |
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