RIICO PROFILE
A Government enterprise incorporated under the Companies Act, 1956 on 28th March 1969 as Rajasthan State Industrial & Mineral Development Corporation (RSIMDC) and bifurcated into Rajasthan State Industrial Development & Investment Corporation Limited (RIICO) and Rajasthan State Mineral Development Corporation (RSMDC) on 1st January 1980.
RIICO has pioneered the industrialization of the State of Rajasthan by setting up industrial areas. RIICO also acts as a financial institution by providing loans to large, medium, and small-scale projects
RIICO has been awarded as outstanding SIIDC across the country in the Financial Year 2021-22 by COSIDICI.
RIICO has established 33 Regional Offices across Rajasthan to oversee the development and management of industrial areas. The physical infrastructure developed by RIICO includes roads, power supply, street lighting, water supply, drainage systems, and other basic social infrastructure facilities. So far, RIICO has developed 472 Industrial Areas by acquiring approximately 106,434.24 acres of land. It has catalysed investments of around Rs. 99.71 billion, with RIICO's contribution towards term loans amounting to approximately Rs. 46.37 billion. These initiatives have generated employment for around 1.13 lakh persons. More than 45,694 industrial units are currently in production across these industrial areas.RIICO's net profit for the financial years 2023–24, 2024–25, and 2025–26 stood at Rs. 7,961.70 million, Rs. 5,894.70 million, and Rs. 12,488.50 million, respectively.