ASIDC was established on the 27th of March 1962 at the instance of the All India Industries Board wi
ASIDC was established on the 27th of March 1962 at the instance of the All India Industries Board with a authorized share capital of Rs. 50.00 lakh.
Its objectives, as imperative, are all pervasive to cover whatever activities will be called for, so as to foster promotion, development and well being of the SSI sector in the State.
From the very beginning, raw material assistance to SSI units was envisaged as the primary function of the Corporation for which it set up raw materials depots all over the State. Over the years, the Corporation has diversified its activities to other areas.
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