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Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) was set up by the Government of Puducherry in 1974 with the twin objective of promoting the Industrial Development of Puducherry and providing financial assistance to entrepreneurs. It is a limited company with an authorised share capital of Rs.45 crores and has earned a profit of Rs.3.14 crores for the year 2007-2008. 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 Puducherry are provided for ready reference.


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