The Sikkim Industrial Development and Investment Corporation (SIDICO) plays a role in:

Promoting industrial growth
Providing financial assistance
Developing industrial infrastructure
All of the above

The correct answer is: d) All of the above.

SIDICO is a state-owned enterprise that was established in 1974 to promote industrial growth in Sikkim. It plays a role in all aspects of industrial development, including promoting investment, providing financial assistance, and developing industrial infrastructure.

SIDICO offers a range of financial assistance schemes to businesses, including loans, grants, and equity participation. It also provides technical assistance and training to businesses. SIDICO has played a key role in the development of industrial infrastructure in Sikkim, including the construction of industrial estates, roads, and power plants.

SIDICO’s efforts have helped to make Sikkim an attractive destination for investment. The state has seen significant growth in its industrial sector in recent years, and SIDICO is expected to continue to play a key role in its development.

Here are some additional details about each of the options:

  • Promoting industrial growth: SIDICO promotes industrial growth by providing financial assistance, technical assistance, and training to businesses. It also helps to develop industrial infrastructure, such as industrial estates and roads.
  • Providing financial assistance: SIDICO offers a range of financial assistance schemes to businesses, including loans, grants, and equity participation.
  • Developing industrial infrastructure: SIDICO has played a key role in the development of industrial infrastructure in Sikkim, including the construction of industrial estates, roads, and power plants.
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