Karnataka State Industrial Investment and Development Corporation Limited

Institutional Investor Karnataka, India ·Founded 1964

Overview

Established in 1964, the Karnataka State Industrial Investment and Development Corporation Limited (KSIIDC) is a wholly owned government undertaking dedicated to fostering industrial growth in Karnataka. The corporation plays a pivotal role in facilitating large and medium-scale industrial projects by providing financial assistance, infrastructure support, and guidance to entrepreneurs. KSIIDC's initiatives encompass a wide array of sectors, including manufacturing, infrastructure, and services, aiming to bolster the state's economic development. KSIIDC's investment strategy focuses on sectors such as infrastructure, real estate, and industrial development. The corporation engages in equity participation, debt financing, and project development to stimulate industrialization. By offering financial support and strategic guidance, KSIIDC assists in the establishment and expansion of industrial ventures, contributing significantly to the state's economic growth. The corporation's investments are aligned with the government's industrial policies and objectives, ensuring that projects meet the state's developmental goals. Over the years, KSIIDC has been instrumental in the establishment of several key industrial projects in Karnataka. Its track record includes successful ventures in sectors like steel, cement, mining, textiles, information technology, aviation, and telecommunications. The corporation's philosophy centers on sustainable development, economic growth, and job creation, aiming to position Karnataka as a leading industrial hub in India. Through its comprehensive support and strategic investments, KSIIDC continues to drive the state's industrialization and economic prosperity.

Investment Focus

  • Alignment with Karnataka's industrial policies
  • Feasibility studies and business plans
  • Compliance with environmental and regulatory standards
  • Demonstrated potential for economic impact and job creation
  • Sustainable development practices

Portfolio Companies

Jindal Vijayanagar Limited (now JSW Limited)Vikrant Tyres LimitedKarnataka Antibiotics and Pharmaceuticals Limited

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Frequently asked questions about Karnataka State Industrial Investment and Development Corporation Limited

What sectors does Karnataka State Industrial Investment and Development Corporation Limited invest in?

Karnataka State Industrial Investment and Development Corporation Limited invests in Healthcare, Energy, Real Estate, Infrastructure, Telecommunications and Education, and is based in Karnataka, India. Karnataka State Industrial Investment and Development Corporation Limited is listed as a institutional investor in the ConnectSafely investor database.

What stage does Karnataka State Industrial Investment and Development Corporation Limited invest at?

Karnataka State Industrial Investment and Development Corporation Limited backs companies at Growth, Late Stage, Pre-IPO and Buyout, writing cheques of 1M - 50M.

Which regions does Karnataka State Industrial Investment and Development Corporation Limited invest in?

Karnataka State Industrial Investment and Development Corporation Limited invests across India.

What companies has Karnataka State Industrial Investment and Development Corporation Limited invested in?

Karnataka State Industrial Investment and Development Corporation Limited's portfolio includes Jindal Vijayanagar Limited (now JSW Limited), Vikrant Tyres Limited and Karnataka Antibiotics and Pharmaceuticals Limited.

Last updated · Source: ConnectSafely investor database