Rajasthan State Industrial Development and Investment Corporation Limited
Rajasthan State Industrial Development and Investment Corporation Limited (RIICO) is a premier state-owned enterprise of the Government of Rajasthan, India. Established with the objective of promoting and accelerating industrial development in the state, RIICO plays a pivotal role in creating a conducive environment for industrial growth. It achieves this by developing integrated industrial areas, providing essential infrastructure, offering financial assistance, and facilitating investment through various support services to entrepreneurs.
About Us
- RIICO was established in 1969 as the nodal agency for industrial promotion and area development in Rajasthan. - Its core activities include the acquisition of land, planning, and development of industrial areas, and the provision of critical infrastructure such as roads, water supply, electricity, and drainage within these areas. - RIICO also extends financial assistance to industries by way of term loans and equity participation. - It acts as a facilitator for investors, helping them navigate regulatory processes and approvals, thereby playing a crucial role in the state's economic progress and employment generation.
Vision
To position Rajasthan as a leading industrial hub and preferred investment destination in India, known for its investor-friendly policies, robust infrastructure, and dynamic industrial landscape.
Mission
To foster the industrial growth of Rajasthan by developing high-quality industrial infrastructure, providing financial assistance, and creating a supportive ecosystem that attracts investment, encourages entrepreneurship, and generates sustainable employment opportunities across the state.
Culture
- As a public sector undertaking, RIICO operates with a culture emphasizing public service, accountability, and long-term sustainable development. - Its work environment is structured, process-driven, and focused on achieving state-level industrial development goals. - The culture promotes collaboration with various government departments, industries, and financial institutions to realize its objectives of economic growth and employment generation within Rajasthan.
Specialties & Industries
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