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Announced in Sept 2021, JKIDC yet to be established by merger of SIDCO, SICOP

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Merger of SIDCO, SICOP to be completed within 6 months - Jammu Kashmir Latest News | Tourism

Details of non-existent, non-functional units submitted to I&C Deptt 14 DPRs prepared for demarcation, development of IEs Mohinder Verma JAMMU, Sept 4: The merger of State Industrial Development Corporation (SIDCO) and Small Scale Industrial Development Corporation (SICOP) will be completed within next six months as detailed exercise is going on to get all the pending accounts of both the Corporations audited and settle their assets and liabilities. In the month of September last year, the Administrative Council gave nod to […] ....

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Setting up of JK Industrial Development Corporation - Jammu Kashmir Latest News | Tourism

In order to centralise functions related to developing industries especially micro units, small and medium sized enterprises, helping in professional entrepreneurship and skill development and to do away with multiple policies pursued by State Industrial Development Corporation (SIDCO) and Small Scale Industrial Development Corporation (SICOP) with special emphasis on providing varied financial assistance to entrepreneurs, establishing a single institution of Jammu and Kashmir Industrial Development Corporation (JKIDC) was mooted way back in early 2020 . It needs to be noted […] ....

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The end use of industrial land - Jammu Kashmir Latest News | Tourism

One of the known measures of creating self employment opportunities is encouraging, promoting and facilitating more investment in enterprises and for building a vibrant business environment in Jammu and Kashmir, industrial land, as such, is allotted to the eligible unemployed persons for setting up their ventures. Not only is such land, otherwise fetching prime market price, being given to the duly selected aspirants under proper sponsored schemes virtually free but rebates and ancillary facilities too are provided by various agencies […] ....

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Around 600 allottees of industrial land asked to come into production by June end or vacate plots - Jammu Kashmir Latest News | Tourism

Final notice served after completion of all legal formalities Direction of revival issued to over 400 non-functional units Mohinder Verma JAMMU, Jan 31: In a major development, the Jammu and Kashmir Industrial Development Corporation has directed around 600 allottees of land in various industrial estates to come into production after completing all the formalities by ending June this year or be ready to vacate the plots. Moreover, over 400 non-functional units have been told to start revival as early as […] ....

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