RIICO Abbreviation
Looking for RIICO abbreviation? We have got you covered in this guide. We have listed down different possible abbreviations of RIICO in various groups like Governmental.
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Popular abbreviations of RIICO:
Searching for RIICO abbreviation / RIICO full form leads to different results in different categories. The below table illustrates the popular acronyms among them.
| Term | Abbreviation | category |
|---|---|---|
| RIICO | Rajasthan State Industrial Development And Investment Corporation | Departments & Agencies |
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What does RIICO mean?
RIICO is the short form of Rajasthan State Industrial Development Investment Corporation. RIICO is the organization of the Government of Rajasthan that works for the development of industries in the Rajasthan state. RIICO is one part of RSMDC (Rajasthan State Mineral Development Corporation). RIICO is known as the oldest PSU in the Rajasthan state. RIICO is known as a very profit-making organization for the Rajasthan government.
About
- The Rajasthan Government incorporated RIICO through the companies act 1956.
- The office of RIICO is located in Jaipur.
- RIICO is the chairman of Shri Rajiv Arora, and Dr. Veena Pradhan is the Managing director of RIICO.
Functions of RIICO
- It works to select a site for the development of the industries.
- RIICO provides financial aid and loans to the industries for its development.
- RIICO is also involved in acquiring the land and developing basic infrastructures for the industries.
- The board of directors takes the decisions for the administration and investment of this state government organization.
- The RIICO has acquired around 85,400 acres of Rajasthan state to develop industries in the state.
- RIICO assists in developing small to large-scale industries in the Rajasthan state.
- RIICO also helps the industries to provide clearance from the government for the development of the industries.
- There are 28 regional offices of RIICO established in the Rajasthan state.
- More than three hundred industries have been developed in Rajasthan with the aid of RIICO.
- More than forty thousand industries have been developed in the Rajasthan state with the assistance of RIICO.
- RIICO also provides technical consultancy for industrial development and identifying projects which are beneficial for future development.
- RIICO facilitates the technical tie-ups for the industries and provides escort services.
All Abbreviations of RIICO in 1 categories:
If you are looking for RIICO meaning in a specific category, check out the detailed sections below. We have segregated the acronyms based on their category and grouped them in each section.
RIICO abbreviation in Governmental:
What does RIICO mean in Governmental category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| RIICO | Rajasthan State Industrial Development And Investment Corporation |
Frequently Asked Questions (FAQ)
Q. What is the abbreviation of RIICO in Governmental?
The full form of RIICO is Rajasthan State Industrial Development And Investment Corporation in Governmental category.