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Sikkim
Industrial Development & Investment
Corporation Limited ( SIDICO ) was
incorporated on 13th March 1977 under the
Registration of Companies Act, Sikkim, 1961
as a State Level Financial Institution
engaged in promotion, financing and
development of industries in tiny, cottage
and small sector in the state of Sikkim. |
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Financial
assistance is made available by the
Corporation for fixed assets such as land,
building, plant & machinery etc. with an
ultimate objective of setting up of
industries in the State. The upper limit for
grant of loan is Rs.90.00 lakhs for
industrial units subject to refinance from
SIDBI. Term loans are extended to new units,
diversification, modernization and
rehabilitation programmes. |
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