State Industrial Development Corporation of Uttarakhand

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State Infrastructure Industrial Development Corporation of Uttarakhand Ltd
Founded 2002
Headquarters Dehradun
Area served
Uttarakhand
Owner Government of Uttarakhand
Website siidcul.com

The State Industrial Development Corporation of Uttarakhand Limited (SIDCUL) is a government of Uttarakhand enterprise[1] which promotes industries and develops industrial infrastructure in the State. It also provides tax incentives for companies establishing plants on its industrial estates presently at Haridwar, Pantnagar and Sitarganj.[2][3]

History[edit]

SIDCUL was incorporated as a Limited Company in the year 2002 with an authorised share capital of Rs. 50 crores and Rs. 20 crores paid up capital through the Government of Uttarakhand in order to promote industrial development and develop an industrial infrastructure

Besides the State Government, SIDCUL has equity participation from the Union Bank of India, the OBC and SIDBI. Other banks are also in the process of participating in its equity. This has led to more than a thousand EOI’s with SIDCUL, which entail an investment of around Rs. 20,000 crores.[citation needed]

Infrastructure developed by SIDCUL[edit]

References[edit]

  1. ^ "The 2 billion dollar boom town". Rediff.com. 16 December 2006. Retrieved 24 October 2010. 
  2. ^ "Hindustan Zinc to set up unit in Uttarakhand". Mint. 19 September 2007. Retrieved 24 October 2010. 
  3. ^ About SIDCUL

External links[edit]