JAMMU: Small Scale Industries Development Corporation Ltd. (SICOP) has achieved a turnover of Rs 518.87 crore upto November 2017 against a target of Rs 755.00 crore during the financial year 2017-18. The annual turnover of the corporation in respect of marketing, raw material and other activities has also increased manifold.
This was revealed in the 87th board of directors (BoD) meeting of SICOP which held here on Monday under the chairmanship of Minister for Industries and Commerce, Chander Prakash Ganga.
According to an official handout, the board has appreciated the role of the corporation in establishing a well planned IT wing and data centre of industries and commerce department to go for digitisation as well as Ease of Doing Business in order to “provide a comfortable and conducive atmosphere to start-up businesses besides facilitating the business fraternity”.
Ganga directed the SICOP management to “put in strenuous efforts to support the SSI units of the state which is the primary activity of the corporation”.
Emphasising upon the need to boost employment in small scale industrial sector, Ganga directed the SICOP management to “redouble their efforts to assist the SSI units in all the potential areas”.
Regarding establishment of data centre of industries and commerce which has been established and maintained by JK SICOP, the minister said that this Data Centre shall not only cater to IT based services to the Industries & Commerce Department but other government agencies as well, the handout read.