KSSIDC Karnataka State Small Industries Development Corporation
KSSIDC was established on 29 th April 1960. The registered office of the Company started functioning at Bangalore in the State of Karnataka. The Company framed complete and well-defined Memorandum of Association and Articles of Association. This permit the Corporation to take up any activity aimed at the rapid development of small-scale industry .
History Of Corporation
KSSIDC is rendering services to the small sector in the State for more than 40 years. From 1960 KSSIDC took over the activities relating to the management and setting up of industrial estates and distribution of raw materials and started to give a new orientation to this aspect of development. The Corporation started with an initial share capital of Rs.10 lakhs , which were gradually stepped up.
The Corporation started with the following as its Main Services:
Establishment and Management of Industrial Estates. Procurement and distribution of raw materials. Supply of machinery under Hire Purchase Scheme. Providing Guidance to SSI Entrepreneurs.
KSSIDC MISSION The Corporation’s principle objective is the promotion and development of Small Industries in the State. Construction and utilization of infrastructure, especially in backward areas and marketing of Raw Materials, technical support and assistance-are means to reach the goals. A concern for results, emphasis on quality and timely work and willingness to understand the problems of entrepreneurs .
LIST OF MAJOR PROJECTS HANDLED BY KSSIDC
A prestigious Government Tool Room Training Centre (GTTC) was established at Industrial Estate Rajajinagar. An exclusive garment complex has been established at Rajajinagar Industrial Estate to accommodate garment units. Multi-storied complexes were established at Electronic City industrial estate Bommasandra to accommodate electronic industries and Software Technology units.
Multi-storied Commercial Complex established at Industrial Estate Shimoga and Gulbarga . Power loom sheds for KSPDC at Siguli was established. Morarji Desai Residential School Complexes at five places in Karnataka was established.
KSSIDC Complex in Belgaum
JOINT VENTURE PROJECTS
The Company has entered into an Karnataka State Industrial Investment Development Corporation to construct Information Technology and Bio-technology park in Rajajinagar Industrial Estate, Bangalore at a cost of 37 Crores . The land owned by company to the extent of 1.6 Acres has been leased out on Built Operated On Transfer (BOOT) system for 30 years
FUTURE PLANS
Developing of New Industrial estates at Taluka levels. Developing of Growth Centre at Industrially Backward areas. Providing of effluent Treatment plants at required estates.
Distribution of industrial raw materials to SSI units established at Taluka levels on freight to pay basis. To extend Hire Purchase Machinery Assistance To Promote Small Industry Cluster Development Programme
ADVANTAGES IN HAVING YOUR UNIT IN KSSIDC INDUSTRIAL ESTATE
KSSIDC provides special services in acquiring and allotting land to SSI entrepreneurs. KSSIDC provides ready to occupy sheds for immediate starting of industries and also provide Gowdown for storage of its materials.
DOCUMENTS TO BE SUBMITTED
Initially DIC will issue license For starting an SSI Provisional Register C ertificate ( PRC ) is must. After registering in DIC they will give 2years of time for planning and implementing. After 2years SSI have to get the Permanent R egistration C ertificate .
A detailed project report. A provisional or Permanent SSI Registration Certificate from the DIC The partnership Deed (in case of partnership firms)
Memorandum and Articles of Association ( in case of private/public limited companies) Income tax clearance certificate and the latest audited balance sheet and profit and loss account (in case of existing units).
THE TRACK RECORD
Established 157 Industrial Estates throughout the State covering all the districts. Construction of 5756 industrial sheds and 231 Gowdown . Development of 5232 industrial plots of various sizes. It acquires land from the Government or farmers and they develops industrial estate