Rajasthan State Industrial Development and Investment Corporation Ltd., popularly known as RIICO, is a premier agency of

Government of Rajasthan The Government of Rajasthan is the supreme governing authority of the Indian state of Rajasthan and its 33 districts. It consists of an executive, led by the Governor of Rajasthan, a judiciary and a legislative. Jaipur is the capital of Raja ...

that has played an important role in the

industrial development Industrialisation ( alternatively spelled industrialization) is the period of social and economic change that transforms a human group from an agrarian society into an industrial society. This involves an extensive re-organisation of an econom ...

Rajasthan Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern si ...

. In 1980 RSIMDC split into RIICO & RSMDC. RIICO is owned by Government of Rajasthan and it is an apex organisation of government of Rajasthan for development of industrial infrastructure within the state. RIICO is mainly engaged in

site selection The award-winning ''Site Selection'' magazine, published by Conway Data, Inc., is the official publication of thIndustrial Asset Management Council(IAMC). The magazine delivers expansion planning information to over 44,000 readers including corpora ...

and acquisition of land, developing infrastructure for industrial area, financial assistance to small, medium and large-scale projects,

equity participation Equity may refer to: Finance, accounting and ownership *Equity (finance), ownership of assets that have liabilities attached to them ** Stock, equity based on original contributions of cash or other value to a business ** Home equity, the diff ...

in large projects on merit, technical consultancy for project identification and technical tie up, escort services, facilitation of government clearances, extending incentives and concessions as per the policy of the State Government. The corporation was incorporated on 28 March 1969 as RSIMDC and got its present name on 1 January 1980. It has 30 unit offices in

and has staff strength of about 800. RIICO has so far developed 360 industrial areas by acquiring about of land. More than 42300 industries are in production within the industrial areas developed by RIICO in Rajasthan Shri Parsadi Lal, Hon'ble Minister of Industries & State Enterprises : Shri Kuldeep Ranka, IAS, chairman, RIICO & Principal Secretary to CM : Shri Ashutosh A.T. Pednekar, IAS, Secretary Industries & Managing Director RIICO

Top manufacturing companies in RIICO industrial area, Jaipur

* Dibiaa
Cardboard box
Manufacturer * BKT Tyres * RS Electrotech Private Limited * DD Pharmaceuticals * Kundu Brother * Laxmi Rubber Industry * Digilus Systems * MICO * Monad Electronics

References

RIICO home page
Economy of Rajasthan State agencies of Rajasthan State industrial development corporations of India 1969 establishments in Rajasthan Government agencies established in 1969 {{India-company-stub