The full form of RIICO is Rajasthan State Industrial Development and Investment Corporation.

Rajasthan State Industrial Development & Investment Corporation (RIICO) is a government agency based in Jaipur, India. The agency has set up twenty seven regional offices all over Rajasthan to administer the development and management of the industrial areas. RIICO helps to strengthen the economic conditions of Rajasthan and its adjoining areas.

Pioneers in the industrialization of the State of Rajasthan, RIICO has set up industrial areas along with the issuance of loans to large, medium and small scale projects. RIICO has enabled the state in turning it into a big captive market for industries by providing resources for both new as well as existing industries.

Rajasthan State Industrial Development and Investment Corporation, popularly known as RIICO, is a premier agency of Government of Rajasthan that has played an important role in the industrial development of Rajasthan. In 1980 RSIMDC split into RIICO & RSMDC.

RIICO is owned by Government of Rajasthan and it is a premium organisation of govt. of Rajasthan. RIICO is mainly engaged in site selection and acquisition of land, developing infrastructure for industrial area, financial assistance to small, medium and large-scale projects, equity participation in large projects on merit, technical consultancy for project identification and technical tie up, escort services, facilitation of government clearances, merchant banking and financial tie -ups and extending incentives and concessions as per the policy of the State Government.

The corporation was incorporated on 28 March 1969 as RSIMDC and got its present name on 1 January 1980. It has 28 offices in Rajasthan and has staff strength of 1054. RIICO has so far developed 338 industrial areas by acquiring about 59,084 acres (239.10 km²) of land. More than 37000 industries are in production within the industrial areas developed by RIICO in Rajasthan