SIDCUL

In less than 4 years, SIDCUL has initiated and accomplished several industrial development peojects in Uttaranchal. With the establishement of Intergrated Industrial Estates and IT Parks SIDCUL is further empowering the Uttaranchal industry and economy.

SIDCUL SIDCUL (State Industrial Development Corporation of Uttaranchal Ltd.), a Government of Uttarakhand Enterprise, 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 Government of Uttarakhand in order to promote Industrial development in the State, provide financial assistance in the shape of debt, equity, venture capital, develop infrastructure and assist private initiative in Industry and Infrastructure and implement, manage projects and provide specialized financial, consultancy and construction and all such other activities to promote industries and develop Industrial Infrastructure in the State of Uttarakhand directly or through Special Purpose Vehicles, Joint Ventures, assisted companies etc.

Besides the State Government, SIDCUL has equity participation from LIC, ICICI and SIDBI. Other banks are also in the process of participating in its equity. This has led to a high degree of professionalism and autonomy in the functioning of the Corporation. The spate of concessions available for Industrial ventures in Uttarakhand along with the proactive govt. and facilitative environment has lead to more than a thousand EOI’s with SIDCUL, which entail an investment of around Rs. 20,000 Crores.

Major Industrial Infrastructure being developed by SIDCUL include

Integrated Industrial Estate at BHEL, Haridwar
Integrated Industrial Estate at Pantnagar
IT Park, Dehradun
Pharma City - Selaqui, Dehradun
Growth Centre at Pauri
Integrated Industrial Estate at Sitarganj

The facilities in Integrated Industrial Estates include dedicated 220 KV Substation with a string of feeder substations, Common Effluent Treatment Plants, 60 mt. roads, All modes of connectivity, logistic centres, zonal distribution of Industries, residential and commercial areas. The maintenance of these Estates would be looked after by reputed O & M Contractors. Specialized Theme Parks are also contemplated within these Estates so as to garner all benefits of a cluster based development.

The Corporation would play a stellar role in the promotion of industries, providing adequate and timely finance, developing the required infrastructure, ensuring development, technology up-gradation and setting up of high technology pollution free industries. SIDCUL ensures the speediest clearances to enable the shortest lead time in setting up industrial projects. The Corporation would be administering all promotional schemes of the government for Industries and administer the Single Window System.

SIDCUL Official Website: www.sidcul.com