Karnataka State Industrial & Infrastructure Development Corporation Limited (KSIIDC) earlier known as Karnataka State Industrial Investment & Development Corporation was established in the year 1964, as a wholly owned undertaking of the Government of Karnataka. KSIIDC is currently involved in recovery of the pending loan portfolios as well as major infrastructure projects taken up on PPP basis like Development of a Sea Port at Tadadi, International Convention Centre (ICC) and Bangalore Signature Business Park (DBP) near Kempegowda International Airport (KIA), etc. In addition, KSIIDC has entered into joint ventures with IL&FS for providing consultancy and advisory services; and with GAIL for City Gas Distribution (CGD) project.
KSIIDC has funded 2300 industries through investments and shares. This institution has strived hard for 50 years and needs to grow further. I take the opportunity to congratulate Chairmen and Managing Directors who have made this possible.
- Mr. Siddaramaiah, Chief Minister, Karnataka
In 1983, when all multinational banks refused to give us a load of about 50 lakhs of rupees, it was KSIIDC who approved the required load in a matter of one week.
- Sri. N. R. Narayana Murthy, Co-Founder & Chairman, Infosys
I have been associated with KSIIDC for more than 30 years. With the support of this organization our company has progressed well and expanded its production capacity from time to time and setup second plant at Karaikal, Pondicherry.
- Dr. R. N. Shetty, Chairman, Murdeshwar Ceramaics Ltd.
KSIIDC has built the foundation of modern Karnataka. The zeal and leadership demonstrated by KSIIDC has been instrumental to the success of the public private partnership model for projects, which is now being adopted as a best practice for many national initiatives.
- Sri. G. V. Sanjay Reddy, Managing Director, BIAL