all no industry and the agricultural base was also mild, unable to cater alone for the funding requirements of the nation. The story of PIDC thus, is the story of the Government of a newly created country, successfully undertaking the daunting task of building up the industrial base of the country virtually from scratch.

The broad mandate entrusted to PIDC was planning, promoting, organizing and implementing programs for (1) establishment of industries, (2) exploration and development of mines and (3) exploration, exploitation and development of any material that government may specify.
 

The primary task of the corporation was to set up industries in such fields where the private sector was shy and where large amount of capital outlay with long gestation period was required. Secondly the object was to set up industries in such areas which were backward with a view to creating employment opportunities and removing regional disparities.

Operations invigorated
Establishing, developing and expanding industrial base
Proving true to the trust and promise the government reposed in it, PIDC embarked on the gigantic task of bringing up the industrial base from infancy, nay, rather conception to the magnificent edifice as it exists today. read more