Pondicherry Industrial Promotion Development and Investment Corporation
( A Government of Puducherry Undertaking )
( A Government of Puducherry Undertaking )
| 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 | ||
| Thiru A. NAMASSIVAYAM, Hon'ble Minister for Home, Industries and Commerce | Chairman | |
| Secretary to Govt (Finance) | Director | |
| Secretary to Govt (Industries) | Director | |
| Zonal Manager, Indian Bank | Director | |
| Thiru M.Rajendran | Director | |
| Thiru Dandabany Tirouvinguidame | Director | |
| Thiru P.T. Rudra Goud, | Managing Director | |
| OBJECTIVES | ||
| * Industrial Finance | ||
| * Development of Industrial Estates | ||
| * 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. | ||