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The Andhra Pradesh Industrial Development Corporation Limited
(APIDC) was established on 16th December, 1960 for the planned development and
growth of medium and large industries in the State.
The main objectives of the Corporation are:
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Identify and promote entrepreneurial talent for
comprehensive industrial development
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Ensure economic, financial and social viability of promoted
projects
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Act as an extended wing of government / national industrial
development banking institutions
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Generate and execute project ideas
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Raise venture capital for IT, biotechnology and other
sunrise industries
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Rehabilitate sick industrial units
www.apind.gov.in
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