Pradesh Industrial Development Corporation Limited
was established on 16th December 1960, by the
Government of Andhra Pradesh for planned development
of medium and large scale industries in the state.
Today, it has an authorized capital of Rs. 110
Crores and paid up capital of Rs. 96.23 Crores.
society through sustained industrial growth.
and promote entrepreneurial talent for
comprehensive industrial development.
exploitation of resources for
economic, financial and social viability of the promoted projects.
a reasonable rate of return.
as an extended arm of Government/National Development Banking Institutions.
promotion - Generation and Implementation of
New Project Ideas.
Capital Facilities :
1. Bills Discounting
2. Medium / Short Term Loans
Capital Fund for IT and Bio-technology industries.
(Entrepreneurs Nucleus and Total Investment
Requirement Eden) :
1. Escort Services
3. Implementation of