Question

How many state industrial development corporations are there in India?

Answer 1

Answer:

28

Currently, there are 28 SIDC that are present in India. The full form of SIDC states industrial development corporation. The main objective of establishing SIDC was to increase the process of industrialization in India. Also, it is considered as one of a financial institution to be established inIndia.

Answer 2

Explanation:

State Industrial Infrastructure Development and Investment Corporations - 10 . These corporations were set up under the Companies Act, 1956 and have been functioning as 'Public Limited Companies'.

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