The full form of SIDCO is Small Industries Development Corporation. It’s used on Governmental ,Firms & Organizations in India
‘Small Industries Development Corporations (‘SIDCO’) are state-owned companies or agencies in the states of India which were established at various times under the policy of Government of India for the promotion of small scale industries.
A few of the SIDCOs are:
In many state governments, for the promotion of small scale industries, a separate corporation has been set up which is known as Small Industries Development Corporation. They undertake all kinds of activities for the promotion of small scale industries. Right from the stage of installation, to the stage of commencing production, these Corporations help small scale industries (SSI) in many ways.
In short, they provide infrastructure facilities to small scale industries. Due to the assistance provided by SIDCO, many backward areas in most of the states have been developed. So, SIDCO has also been responsible in spreading the industrial activity throughout several states.
SIDCO
means
Small Industries Development Corporation
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