OBJECTIVES OF THE COUNCIL OF STATE INDUSTRIAL DEVELOPMENT & INVESTMENT
CORPORATIONS OF INIDA (COSIDICI)
is a national federation of State Level Financial Institutions comprising
State Financial Corporations (SFCs), State Industrial Development
Corporations (SIDCs), State Industrial Investment Corporation and
State Infrastructure Development Corporatons,engaged in promotion,
development and financing of industry mainly in the small and medium
sector. Cosidici is a registered Society under the Societies Registration
Act, 1860 and has its own office in the Scope Complex, New Delhi.
The objectives of the Cosidici are to :
provide and arrange
means and facilities for dissemination of knowledge and information relating
to promotion and development of industries, for exchange of views and ideas
on subjects of common interest to all Member Corporations.
and develop common interests of the various Member Corporations.
maintain at the Registered Office a Commercial and Technical Library and
Information Centre for use of Member Corporations.
various institutions and organisations in India and abroad in the collection
and exchange of information pertaining to industries.
technical, management, marketing and other programmes and services for
the benefits of the Member Corporations.
surveys, research and development projects pertaining to industries.
collaboration, joint participation and general understanding among the
service facilities, courses, seminars, meetings and study tours for the
benefit of the Member Corporations.
for outstanding and meritorious performance in the activities connected
with development of industries.
for the Member Corporations on Government sponsored committees, councils,
bodies, term lending institutions, teams etc. connected with the development
to Member Corporations in their efforts to improve efficiency of operations
of their assisted and sponsored units.
relations with trade organisations, associations, Chambers of Industries
or Commerce of India and abroad in furtherance of the objectives of the
liaise with and
to represent to the Central and State Governments, the term lending and
other financial institutions on the common problems and issues of the Member
affiliate, if necessary, with other similar bodies, institutions associations
in India and abroad with the intention of furthering the objectives of
a common platform to the aforesaid State Level Financial Institutions (SLFIs)
for ventilating their problems and grievances to the Government and All-
India Financial Institutions and serve as a mouthpiece of the sector for
influencing the policies of the Government / National Financial Institutions.
Ever since its inception in 1976, Cosidici has been playing its role commendably
and has significantly produced the desired impact on the growth of the
SLFI sector by providing training programmes for senior executives of its
Memeber Corporations as well as offering and conducting consultancy/advisory
services, studies in specific areas with a view to bringing about enhancement
in managerial and organisational skill to the Member Corporations.
do all such other
things as may be incidental or conducive to the attainment of the above
launched by COSIDICi ( URL No. http://www.cosidici.com)
on 7th April, 2000 contains comprehensive information regarding promotional
and development scheme of the State Corporations for setting up of industries
and is aimed to serve as a useful guide to the potential investors from
inside and outside the country which also indicates state-wise investment
opportunities and incentives available to the prospective entrepreneurs.