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​In which year was the State Infrastructure and Industrial Development Corporation Uttarakhand Ltd. (SIDCUL) set up in Uttarakhand State?​
Question

In which year was the State Infrastructure and Industrial Development Corporation Uttarakhand Ltd. (SIDCUL) set up in Uttarakhand State?

A.

2002

B.

2008

C.

2012

D.

2015

Correct option is A

The correct answer is:(a) 2002

Explanation:
  • State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (SIIDCUL) was established in 2002 as a government enterprise to promote industrial development in the state.

  • It was incorporated as a Limited Company with an authorized share capital of ₹50 crores and a paid-up capital of ₹20 crores.

  • The corporation aims to develop industrial infrastructure and attract investments to boost the state's economy.

Information Booster:
  • Headquarters:Located in Dehradun, Uttarakhand.

  • Industrial Estates Developed:SIIDCUL has developed several Integrated Industrial Estates (IIEs) in locations such as Haridwar, Pantnagar, Sitarganj, Kashipur, and Dehradun.

  • Objective:To facilitate industrial growth by providing infrastructure, financial assistance, and a single-window clearance system for investors.

  • Public-Private Partnership:SIIDCUL operates through collaborations with various banks and financial institutions, including Union Bank of India, Oriental Bank of Commerce, and SIDBI.

  • Impact:The establishment of SIIDCUL has led to significant industrialization in Uttarakhand, attracting numerous national and international companies.

  • Website:For more information, visit the official website:

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