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Assam Small Industries Development Corporation LTD

(A Govt. of Assam Undertaking)

The Companies Act, 1956
Articles Of Association
Article
# “The Act, means the Companies Act, 1956 (Act 1 of 1956) or any other Act in force relating to companies and affecting the Company.
# ‘Board’ means the Board of Directors for the time being of the Company.
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Meeting
The first annual meeting of the Company shall be held within 18 months of its incorporation. The next annual general meeting shall be held Within 6(six) months after expiry of the financial year in which the first annualgeneral meeting was held.................
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Director
Subject to the approval of the Governor, the Board of Directors of the Company may appoint an Alternate Director to act for Director, (hereinafter in this Article, called “Original Director)” during his absence for a period of not less than three months from the State in...
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ASIDC’ s Opportunities

 

‘The MSMED Act 2006’ has opened up vast opportunities for ASIDC to act as Nodal Agency for implementation of various Central Government programmes and schemes for the promotion, development and enhancing the competitiveness of the MSE s in the State.

As SIDC of a state is to act as ‘Supplier’ of goods and services, produced and provided by the MSE s, to be procured by all Ministries, departments, aided institutions, PSU s of Central and State Governments, ASIDC has good opportunities to expand its Marketing Assistance scheme.

The Preference Procurement Policy outlined by the Central Government has given scope to streamline and strengthen the APSP Act by which ASIDC can expect to implement the scheme of preference procurement in a meaningful and extensive way.

‘The North East Industrial and Investment Promotion Policy 2007’ has outlined many measures for the development the service sector. In this regard, ASIDC may venture into the creation of the necessary infrastructures and manpower.

The opening up the PPP route of development for the PSE s, has provided scope to ASIDC to take up infrastructure related projects for optimum utilization of its available real estates without involving budgetary support from the Govt.

The medium sector industries of the State mostly coming under the purview of MSE s as a result of raising their investment limit has widened the customer base of ASIDC.

Emerging opportunities for investment in the manufacturing sector in the backdrop of developing economy of Assam and dynamic possibilities intra-regional trade within the ASEAN and SAARC countries.

 


Contact Information

Head Office:
M. R. D. Road, Bamunimaidam,
Guwahati - 781021, Assam
Telefax : 0361 2550264
E-mail: asidcassam@gmail.com & asidcassam@yahoo.com

Activities

  • Vision Statement
  • Financial Status
  • Organizational set up
  • Industrial Scenario
  • Initiatives
  • Strategies & Action Plan
  • Business Plan
  • Opportunities
  • Present Key Activities

Activities Photo

In the new context of nationwide extensive programe and policy measures for promotion and development of the MSE s and also in consideration of the status and roles of SIDC / SSIC s of other states in the current industry scenario,...

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