You are on page 1of 5

Welcome to KSIIDC Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) earlier known as Karnataka State Industrial

Investment and Development Corporation, was established in the year 1964, as a wholly owned undertaking of the Government of Karnataka. KSIIDC is currently involved in recovery of the pending loan portfolios as well as major infrastructure projects taken up on PPP basis like Development of a Sea Port at Tadadi, International Convention Centre & Devanahalli Business Park near BIA, etc In addition, KSIIDC has entered into joint ventures with ILFS for providing consultancy & advisory services; and with GAIL for City Gas Distribution project. Promotion by KSIIDC Established in 1964, Karnataka State Industrial & Infrastructure Development Corporation Limited has been greatly instrumental in the industrialisation of the State, especially in the large and medium sector. An important arm of the state in bringing industrial boom in various sectors, KSIIDC has assisted 135 start up ventures through equity paricipation to the extent of Rs. 118.28 crores spread over the length and breadth of the State. KSIIDC has also extended financial assistance in the form of debt to core sector industries like Steel, Cement, Mining and Textiles and modern sector Idustries like Information Technology, Aviation, Tele-communication and other infrastructure projects to the extent of around Rs. 2223 crores. KSIIDC has been instrumental in establishing Jindal Vijayanagar Limited (presently JSW Limited), Vikrant Tyres Limited, Karnataka Antibiotics and Pharmaceuticals Limited, to name a few. New- Infrastructure initiatives

High Speed Rail Link to Bengaluru International Airport. Realizing the vital role of KSIIDC in infrastructure projects, the Government of Karnataka has entrusted the task of setting up a High Speed Rail Link to the Bengaluru International Airport from the City cenre to the Airport terminus. Proposed to be set up at a cost of Rs. 5200 crores, the Rail Link is expected to reduce the travel time from the City to the Airport substanitially. The Delhi Metro Rail Corporation LImitied, the pioneers in setting up Metro rail, has been appointed as the consultant for the project. The commissioning of the project is expected by the end of 2011. Devanahalli Business Park

KSIIDC is owning around 413 acres of land adjoining the Bengaluru International Airport. The park will be developed on BOT basis through the private sector.on behalf of the government and out of this, it is proposed to develop a Business Park in an area of around 300 acres on BOT basis through the private sector

Petroleum Chemicals & Petro -Chemicals Investment Region at Mangalore KSIIDC, as the nodal agency of the State Government, is making all efforts to establish a Peroleum, Chemicals & Petrochemicals Investment Region (PGPIR) at Mangalore. Spread over an area of 250 sq.Km, region, the project is expected to bring a sea-change in the industrial and economic growth of the Mangalroe region with a direct investment of Rs. 1,56,500 crores and indirect investment of Rs. 73,500 crores. The project is expected to generate direct employment to 2.04 lakhs people and indirect employment to 4.31 laks. Approval of the Government of India is awaited.

In order to strengthen KSIIDC's position as a vital player in infrastructure development and to augment its resources, KSIIDC had entered into a Project Development Promotion Partneship (PDPP) agreement wih IL & FS IDC . A new JV Company. The KSIIDC -IL & FS Project Development Company (KIPDC) had been formed for this purpose.

KSIIDC has received the mandate for carrying out the project development for several infrastructure projects from various departments. Some of the projects taken up for project development through KIPDC are1. Development of bus terminus cum Commercial area in Puttur, Hassan, Channarayapatna, Chitradurga, Belgaum, Hubli, Dharwad, Gulbarga, Bidar for KSRTC, NWKRTC and NEKRTC 2. Commercial area at Bendoorweil, Mangalore for KSRTC 3. Mid-way player at Hiriyur 4. Commercial development of the lands belonging Karnataka Land Army Corporation at Bommanahalli, Bangalore 5. Commercial development of the land belonging to Animal Husbandary and Veternary Science on Bellary road, Bangalore 6. Development of Golf Course and Aquamarine Park at Tannir Bhavi, Mangalore 7. Tourism Development in four identified circuits i. Jog - Agumbe - Banavasi ii. Badami - Pattadakal - Aihole iii. Belur iv. Bijapur Proposed Bus Terminus At Belganm

Tourism Initiatives by KSIIDC KSIIDC, as the nodal agency has initiated development & creation of tourism infrastructure facilities across various destinations in 4 Tourism Circuits of Karnataka. These facilities are aimed to fill in the

infrastructure gaps at the destinations and to give a boost to tourism and tourism activities in the select regions. KSIIDC is also in the process of developing an 18-hole Golf Course and an Aquamarine Park at Tannir Bhavi in Mangalore. The projects, when developed, are expected to put Mangalore on the world tourism map. As an initiative to encourage private entrepreneurship, the development of projects at these locations are being taken up on a Public-Private-Partnership basis. IMPETUS To infrastructure Bengaluru International Airport Persistent efforts of KSIIDC as the nodal agency of the State aided in realising the dream of setting up the country's first green field International Airport at Devanahalli on Public Private sector partnership. This has brought in international standards in the aviation sector. Established at a cost of about Rs. 2000 crores, the airport is presently meeting the surge of air traffic in Bangalore. Khanija Bhavan KSIIDC has develped Khanija Bhavan which has a built-up area of -sq,mts. with all the modern amenities possible. Situated amidst green environs with ample parking space, it provides an exellent workplace for MNCs, IT companies and other business houses. The corporate and Head office of KSIIDC is also located at Khanija Bhavan Bangalore. IT park KSIIDC has also developed an IT Park in joint venture with KSSIDC at the Rajajinagar Industrial Estate, Bangalore, at a total cost of Rs. 40 crores. The park has a built-up area of 24,000sq.mtrs, entirely occupied by MNCs. FUELLING The IT revolution Indian Institute of Information Technology-Bangalore (IIT-b) KSIIDC has also sucessfully helped in developing Indian Institute of Information Technology Bangalore (IIT-b). The institute, equipped with the state-of-the-art facilities, offers post graduate programmers in IT and has emerged as a centre of excellence in IT education. Karnataka Information Technology Venture Capital Fund Keeping in mind the pre-eminent position of the State in the IT sector, a venture capital fund viz., KITVEN fund specific to information technology industries was conceived and jointly implemented by KSIIDC, Karnataka State Financial Corporation (KSFC) and Small Industries Development Bank of India (SIDBI). KITVEN Fund is a Rs. 15 crores, 10 year close-ended venture capital fund with the primary objective of providing long-term funds to new and unlisted companies in the start-up stages. It also caters to the growth and expansion of established companies.

The fund is managed by Karnataka Asset Management Company Private Limited, a company promoted by KSIIDC and KSFC. Food Parks KSIIDC has been actively involved in the administration of Food Karnataka Limited (FKL), a Special Purpose Vehicle (SPV) of the State Government for the promotion of comprehensive and integrated Agro Food Technology Parks. FKL helps by creating common facilities to attract investments for establishing agro food processing industries within the State. The Food Parks are being set up in four locations Malur, Hiriyur, Bagalkot and Jewargi.

Established in 1964, Karnataka State Industrial Investment & Development Corporation Limited (KSIIDC) has been greatly instrumental in the industrialization of the State, especially in the large and medium sector. An important arm of the state in bringing industrial boom in various sectors, KSIIDC has assisted 135 start up ventures through equity participation to the extent of Rs. 118.28 crores spread over the length and breadth of the State. KSIIDC has also extended financial assistance in the form of debt to core sector industries like Steel, Cement, Mining and Textiles and modern sector Industries like Information Technology, Aviation, Tele-communication and other infrastructure projects to the extent of around Rs. 2223 crores. KSIIDC has been instrumental in establishing Jindal Vijayanagar Limited (presently JSW Limited), Vikrant Tyres Limited, Karnataka Antibiotics and Pharmaceuticals Limited, to name a few.

You might also like