Organisation
Small Industries Development Bank of India (SIDBI)
Objective
Setting up of industrial estates / development of industrial areas including such projects found eligible under KVIC model. Strengthening of existing industrial clusters / estates by providing increased amenities for smooth working of the industrial units. Setting up of warehousing facilities for SSI products / units. Providing support services viz., common utility centres such as convention halls, trade centres, raw material depots, warehousing, tool rooms / testing centres, housing for industrial workers, etc. Any other infrastructural facilities which will benefit predominantly SSI units / entrepreneurs.
Eligibility
All forms of organisations such as Public / Pvt. Ltd. Companies; Registered Societies / Trusts; Government Corporations; Corporates / Co-operative entities / accredited NGOs approved by KVIC.
Brief
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Cost of Project : Not to exceed Rs.100 million;
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Debt Equity Ratio: Not more than 3:1;
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Repayment Period - Not exceeding 10 years including initial moratorium period of upto 3 years.