Andhra Pradesh Industrial Development Corporation

Andhra Pradesh Industrial Development Corporation (APIDC) is a government agency based in Hyderabad, Telangana. Established in 1960, the agency was established for planned development of medium and large scale industries in the state. The objective of the agency is to identify and promote entrepreneurial talent for comprehensive industrial development, conceptualize exploitation of resources for industrialization, ensure economic, financial and social viability of the promoted projects. The assets of the agency are managed and administered by the board of directors.Andhra Pradesh Industrial Development Corporation is currently investing in private equity or venture capital.