On
21st April, 1965 in Shillong, the capital
of undivided Assam, a company was formed to identify and promote large scale
industries to achieve a socio economic change through rapid industralisation
and bring the backward state of ours with varied physiography, to the national
mainstream under the able leadership of Industries Department, Government of
Assam. The Company was named "The Assam Major Industries Enterprise Corporation
Limited" The company started its ambitious mission modestly under the
guidance of Sri P.H. Trivedi, IAS, the then Secretary, Industries , Govt.
of Assam who was also the Executive Director of this corporation since its incorporation.
The Company was renamed as "Assam Industrial Development Corporation Limited"
on 29th October, 1966. The company popularly known as AIDC is one of the industrial
implementing agencies in medium and large sector. Today, it stands as the catalyst
in all aspects of Industrial development of the state, both in public and private
sector. Since its inception AIDC has promoted a number of industrial units in
the state sector as well as in joint/private sector.
· The objectives of the Corporation for promotion of industries in the
State are :
· Identification, promotion
of medium and large industrial projects in the state.
· Implementation of the State Government's package of incentives for
entrepreneurs.
· Providing financial assistance.
· Participation in equity capital in public and private sector undertakings.
· Rehabilitation and management of sick industries.· Providing
technical, financial, managerial and consultancy services to entrepreneurs.
· Development of human resources.
· Providing infrastructural support.
· Facilitating export promotion.
