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Pondicherry Industrial Promotion Development and Investment Corporation

( A Government of Puducherry Undertaking )

News and Events
PIP_003_2023 - IGC - Karaikal
Construction of compound wall
TENDER ID : 2023_PIPDI_13515_1
Construction of compound wall to the campus of new borewell, existing pumphouse and overhead tank at Industrial Growth Centre Polagam, Karaikal
PIPDIC - செயல்படாத சொத்துக்களுக்கான (NPA) கணக்குகளுக்கான சமரச தீர்வுத் திட்டத்தை (CSS) மீண்டும் அறிமுகப்படுத்துவதற்கான ஒப்புதல்
PIPDIC - approval for reintroduction of the Compromise Settlement Scheme (CSS) for Non-Performing Assets (NPA) accounts
PIPDIC - EoDB - BRAP, 2022 - Mandatory Order for land allotment application trough online.
The Honorable Minister for Industries and Commerce, Shri A. Namassivayam hosted flag in the Independence Day celebration at PIPDIC office on 15.08.2022.(click to view gallery)
புதுச்சேரியில் மீண்டும் 'பெலிகான்' நிறுவனம் துவக்கம் - பெலிகான் நிறுவனமானது, வரும் காலத்தில் மாநிலம் முழுவதும் 'கோர் நெட்' (Core-Net) என்ற திட்டத்தின் மூலம், இண்டர்நெட், தொலைபேசி மற்றும் தொலைக்காட்சி தொடர்புகளை ஒவ்வொரு வீட்டிற்கும் குறைந்த விலையில், எளிய முறையில் அளிக்க உள்ளது.
Inauguration of newly installed street lights (LED) held on 16.06.2022 in Mettupalayam Industrial Estate, PIPDIC.
Thiru A. Namassivayam, Honorable Minister for Industries and Commerce, assumed as the Chairman of PIPDIC on 17.1.2022
User Manual for e-Application filling System of PIPDIC
User Manual for GIS-PIPDIC (Estate Map)
News and Events - Archives
Dr. Tamilisai Soundararajan
Hon'ble Lt. Governor
Hon'ble Chief Minister
Hon'ble Minister for Home, Industries and Commerce
Chairman PIPDIC
Thiru P.T. Rudra Goud,
The Managing Director, PIPDIC LTD.
Amount payable to PIPDIC may be paid through NEFT / RTGS as indicated below:

Bank’s Name : CANARA BANK Branch : Muthialpet Branch, 45, NSC Bose Road, Puducherry 605001.
IFSC : CNRB0000927 Account Number : 0927201002042

Customers are requested to mention the Party name and purpose of payment while making payment towards NEFT / RTGS. (GST NO. : 34AADCP0446M1ZE)
General Reservation Policies & Other Related Issues for
Liaison Officer :
Thiru A. Kumaran,
General Manager (Administration)
Contact No.: 9994475734.
Nodal Officer – Ease of Doing Business State Reforms Action Plan 22-23
Help Desk – Grievance Cell :
Land Allotment: General Manager (Development),
Contact No.: 9443277773
Loan Sanction:
General Manager (Administration)
Contact No.: 9994475734
Virtual Open House Hearing of Public Grievance
Land Allotment: General Manager (Development),
Contact No.: 9443277773
Loan Sanction: General Manager (Administration)
Contact No.: 9994475734
The Managing Director, PIPDIC LTD., Puducherry
Contact No.: 0413 2334361

Between 04.00 pm to 05.00 pm on Working days.

Particulars of Organisation, Functions and Duties

The Pondicherry Industrial Promotion Development and Investment Corporation Limited (PIPDIC) was set up by the Government of Puducherry in 1974 with the twin objective of promoting the Industrial Development of Puducherry and providing financial assistance to entrepreneurs. It is a limited company with an authorized share capital of Rs.45 crores. PIPDIC provides various facilities such as Term loans, Equity participations / Underwriting of Capital issues, Hire Purchase and Lease Financing, IT & Electronic Parks/Growth Centre/Industrial Estates.

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Simplified procedures to get financial assistance from PIPDIC are follows:

Application forms have been simplified and being issued

Panel of Advocates have been appointed for getting legal opinion for speedy legal clearance

Panel of Valuers/Chartered Engineers have been appointed for Valuation of properties to be mortgaged.

Exempted in furnishing registered lease deed for work premises in respect of loans upto Rs.25.00 lakhs and instead an un-registered lease deed is accepted .

For loans upto Rs.25.00 lakhs the promoter’s contribution has been reduced from 33.33% to 25%.

Separate Entrepreneur Guidence Cell has been set up for guiding the entrepreneurs in all respect.

Financial assistance under merit loan scheme to Good Borrowers of the Corporation is being extended with concessional rate of interest on fast track basis.

Interest rebate for prompt payment increased from 1% to 2%.