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Government Of Assam Industries & Commerce Assam Industrial Development Corporation Ltd

Success Story of AIDC Ltd since inception

Incubation service for formation of the company: The Corporation on behalf of the Government of Assam carried out all the initial project implementation works till the formation of company for some of the major projects in the state like Numaligorh Refinery Limited, BCPL, MDTC of ATPO, Assam Hydro Carbon and Energy Company Limited etc.
The works related till the formation of these companies were executed by in-house competency.

Promotion and establishment of the State PSU: The Corporation had established 7 (seven) State PSU which generated a direct employment of 1500 people and indirect employment over 5000 people These 7 PSUs are as follows:

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Assam Petrochemicals Ltd.
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Assam State Fertilizers and Chemicals.
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Assam Syntex Ltd.
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Assam State Weaving and Manufacturing Company Ltd.
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Cachar Sugar Mills Ltd.
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Industrial Papers (Assam) Ltd.
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Fertichem Ltd.


The PSU Industrial Paper (Assam) Ltd. Could not be implemented due to non finalization of Term Loan.

Training programme of unemployed youth for Gas Cracker Down Stream Project: The Corporation had successfully trained 100 unemployed Engineering Graduates from the state in the Entrepreneurs Development Institute (EDI), Ahmedabad for setting up Gas Cracker Downstream Project.

Refinance of the project under IDBI Refinance Scheme: The Corporation had given financial assistance to 78 nos. of Industrial units as term loan under the Refinance Scheme of IDBI. Under this account, Seed Capital – 16 nos. and Govt. Equity Participation 68 nos. were funded for encouraging the local entrepreneurs.
The following units are the major Dividend paying company after Equity participation.

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Assam Petrochemical Ltd.
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Premier Cryogenics Ltd
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Assam Air Products Ltd
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Assam State Weaving and Manufacturing Company Ltd.
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Guwahati Neurological Research Centre Ltd. (GNRC)


Equity participation was also done in the premier carbon products manufacturing unit namely Assam Carbon Products Ltd., which is now a subsidiary of Morgan Advanced Materials plc.

In service sector also, the following premier projects were established:

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Assam Ashok Hotel Corporation Ltd. (Brahmaputra Ashok Hotel), Guwahati
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Navin Enterprise Pvt. Ltd. (Hotel Kuber International), Guwahati
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Barua Brothers Pvt. Ltd. (Hotel Rituraj), Guwahati
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Rahman Properties Pvt. Ltd. (Hotel Dynasty), Guwahati
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Pragjyotish Hotel & Leasing Company (Hotel Prag Continental), Guwahati
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G.K. Enterprise Pvt. Ltd. (Hotel Chilarai), Guwahati
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Eastland Mercantile Pvt. Ltd. (Urvashi Airport Hotel), Guwahati
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Luit Valley Enterprise Pvt. Ltd. (Hotel Luit), Tezpur’
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Sahnaz and Company Ltd. (Hotel Malini), North Lakhimpur
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Siddhartha Enterprise Pvt. Ltd. (Hotel Siddhartha), Sivasagar
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W.G. Resorts Pvt. Ltd. (Resorts),Kaziranga
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H.S. Associates Pvt. Ltd. (Hotel Indraprastha), Silchar
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Sukanya Commercial Pvt. Hotel Ltd., Bongaigaon
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Down Town Hospital Pvt. Ltd. , Guwahati
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GNRC Ltd., Guwahati
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Intake Hospital Pvt. Ltd. (Pooja Hospital), Dibrugarh
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Goenka Woolen Mills Pvt. Ltd., Guwahati

 

Joint Venture Companies: Calcom Cement Limited, a subsidiary of Dalmia group and Prag Bosimi Synthetic Limited promoted by Bombay Silk Mills Ltd. and Associates of Bosimi group had been established as joint venture companies. An IV fluid manufacturing unit by the name of Pearl Lifeline Ltd. is under implementation.

Completed a Wireless Broad Band Network connecting the areas: AIDC campus, MDTC, Industrial Estate, Bamunimaidan, Kalapahar, Bonda, EPIP.

Investment meet : The Corporation on behalf of the Government of Assam participates in various investment meet in the country and abroad. It had organised International Plastic Fair (N.E. Plasto Fair), Guwahati, Awareness Meeting on the Plastic Park organized at Kolkata, Mumbai and Ahmedabad, participates in the N.E. Business Summit and Vibrant Gujrat, etc

Implementation of Industrial Policy : Corporation had implemented various industrial policies of Govt. of Assam since inception for providing various incentives to small and medium units to encourage them for setting up the unit in view of fulfillment of economic development, employment generation, increase of income etc.

Implementation of Infrastructural project :
The Corporation had implemented 7 (seven) nos. of Industrial Infrastructure Development Centre, two Industrial Growth Centre and one Export Promotion Industrial Park under various Ministries for providing infrastructures to set up micro, small and medium sector unit.

Implemented various plan / non plan schemes like ASIDE, NLCPR etc.

(A) The Corporation had completed following projects under various schemes of Govt. of India

 

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ASIDE Scheme : 16 nos. of projects including one Border Trade Centre at Mankachar, Dhubri.
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NLCPR Scheme : 2 nos. of projects at IGC, Balipara.
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CIB Scheme : 3 nos. of projects at EPIP and BTC, Mankachar
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EDF Scheme : Study on Border Trade with neighbouring countries


(B) The Corporation taken steps for implementation of the following projects under different Ministry of Govt. of India

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ASIDE Scheme : 12 nos. of projects
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Food Park – under MoFPI, Govt. of India
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Bamboo Technology Park – under Ministry of IPP, Govt. of India
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Trade Centre at Golokganj - under ASIDE Scheme, GOI
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Plastic Park – under Ministry of Chemicals & Fertilizers, Govt. of India
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Tea Park – under ASIDE Scheme, GOI
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Air Cargo Complex - under ASIDE Scheme, GOI
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Regional Food Testing Laboratory - under ASIDE Scheme, GOI
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Textile Park – under Ministry of Textile, GOI
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Jute Park – under Ministry of Textile, GOI
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Two nos. of Logistic Hubs – under GOA
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Cluster Development Project, Pathsala

 

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MOU signed with Kohinoor Pulp and Papers Ltd. for setting up Mega Paper Project.
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Expeditiously disposed off application for allotment of land in various infrastructure project created.
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Implementation of Tool Room Training Centre, Amingaon.
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Fulfillment of commitment of various Budget Speech of Hon’ble Chief Minister of Assam.