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Forest Development Corporation of Maharashtra Limited (FDCM) before Forest Development Board was established by the Government of Maharashtra in 1969 for converting large blocks of low value mixed forests into valuable stands. Considering its experience and the recommendations of the National Commission on Agriculture regarding raising of manmade forests. It was incorporated under the Companies Act, 1956 on 16th February 1974 as a wholly owned Government Company of State of Maharashatra.


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