PONDICHERRY INDUSTRIAL PROMOTION DEVELOPMENT AND INVESTMENT CORPORATION LTD.

The Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) was set up by the Government of Pondicherry in 1974 with the twin objective of promoting the Industrial Development of Pondicherry and providing financial assistance to entrepreneurs. PIPDIC provides various facilities such as Term loans, Equity participations/Underwriting of Capital issues, Hire Purchase and Lease Financing, IT & Electronic Parks/Growth Centre/Industrial Estates.

Brief particulars of various schemes are set out in the following pages. Details of individual schemes and procedures for availing assistance may be obtained from the office of PIPDIC. Details of the proposed projects, Incentives and Concessions available in the Union Territory of Pondicherry are provided for ready reference.

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