Assam Industrial Development Corporation Ltd. was incorporated in the year 1965 and has been registered under the Companies Act 1956. The main functions of AIDC are-
(i) Identification and Promotion of medium and large industrial Projects in the state.
(ii) Implementation of State Government’s package of incentives for entrepreneurs.
(iii) Providing infrastructure support.
(iv) Facilitating investors in technical, financial, managerial services etc.
(v) Facilitating export promotion.
Assam Industrial Development Corporation Ltd. has been striving towards creating high standard industrial infrastructure in Assam for the growth and development of industries in the State. For more than 50 years it has partnered the Industrial Growth of Assam and has contributed to the economy through industrialisation and generalisation. The Corporation on behalf of the Government of Assam carried out all the initial project implementation works till the formation of the Company for some of the major projects in the state like Numaligarh Refinery Limited, BCPL, MDTC of ATPO, Assam Hydrocarbon and Energy Company Limited etc.
Strategy
- Restructuring for project development, appraisal, facilitation and corporate service group activities.
- Project development in PPP mode for generating immediate revenues.
- Develop export oriented unites in the state for better trade facilitation.
- Use the immovable properties of closed PSUs for better utilization of industrialization.
Business plan
- With the objective of developing sustainable revenue sources, AIDC shall pro-actively engage in project identification and development of commercially viable project.
- AIDC shall grow into a leading consultancy agency for similar organisations of North-Eastern Region.
- Under the initiative of AIDC with central assistance, two sector specific project namely ‘Mega Food Park’ at Tihu, Dist-Nalbari and “ Bamboo Technology Park” at Chaygaon, Dist- Kamrup has been set up.
- The Corporation has taken steps to set up sector specific industrial parks in PPP mode and following parks are in progress of implementation- Plastic Park at Gelapukhuri, Dist-Tinsukia, Agro Hub at Matia, Dist-Goalpara, Tea Park near Guwahati, Dist –Kamrup, Chemical and Pharmaceutical Hub at Chandrapur, Dist- Kamrup.
- The Corporation has taken steps for implantation of a Corporate Complex and a Commercial & Business Hub at its land at Guwahati to accommodate corporate office of different multinational, central & state corporate houses in the Corporate Complex at R. G. Baruah Road and commercial/ business organizations in the Commercial & Business Hub at G.S.Road.
- The Corporation has taken steps for construction of Border Trade Centres at different places to facilitate border trade with the neighbouring countries and already completed one such BTC at Mankachar, Dist- Dhubri and another one at Golakganj, Dist- Dhubri.
- The Corporation has already implemented a Ginger Pack House at Amingaon, Guwahati for value addition and cold storage of ginger. For backward facility, the corporation has taken steps to set up four collection centres at four different places of Assam.
- The Corporation has set up an Air Cargo Complex in the State located at Lokpriya Gopinath Bordoloi International Airport, Borjhar, Guwahati to improve the cargo handling infrastructure facility including cold chain facility.
- The Corporation has taken steps for implementation three MSME Cluster Development Project at Moran, Dist- Dibrugarh at Sonari, Dist- Sibsagar and at Pathsala, Dist- Barpeta.
- The Corporation has taken steps to set up a Regional Food Testing Laboratory with central assistance at Tihu, Dist- Nalbari for urgent need of the food processing sector.
- The Corporation has taken steps to upgrade the existing Export Promotional Industrial Park, Amingaon and Industrial Infrastructure Development Centre, Dalgaon under Ministry of MSME, Govt. of India for better infrastructural facility to attract the entrepreneurs for investment.
- AIDC has implemented various infrastructure projects like Export Promotional Industrial Park, Industrial Growth Centres and Industrial Infrastructure Development Centres to promote large, medium and small industries in the /state. The Corporation has been successful to attract entrepreneurs in these centres and thereby contributed to the economic growth as well as employment generation.
