KSIIDC has funded 2300 industries through investments and shares. This institution has strived hard for 50 years and needs to grow further. I take the opportunity to congratulate Chairmen and Managing Directors who have made this possible.
In 1983, when all multinational banks refused to give us a load of about 50 lakhs of rupees, it was KSIIDC who approved the required load in a matter of one week.
I have been associated with KSIIDC for more than 30 years. With the support of this organization our company has progressed well and expanded its production capacity from time to time and setup second plant at Karaikal, Pondicherry.
KSIIDC has built the foundation of modern Karnataka. The zeal and leadership demonstrated by KSIIDC has been instrumental to the success of the public private partnership model for projects, which is now being adopted as a best practice for many national initiatives.
I wish to share my sincere appreciation for the excellent contribution made by KSIIDC for decades in encouraging and supporting entrepreneurs to establish Medium and Large scale industries.