(A J&K Government Undertaking)
Incorporated on November 28, I975 as a fully owned J&K Government Undertaking under the Indian Companies Act 1956. J&K Small Scale Industries Development Corporation Limited (SICOP) has authorized share capital of Rs. 100.00 crore and paid up capital of Rs. 89.91 crore. Main objective of SICOP is promotion and development of the Small Scale Industries in the State of Jammu & Kashmir.
Functions of SICOP are -
SICOP is profit earning organization and is not receiving any budgetary support from the government. All the Revenue Expenditures are being generated internally and has no statutory/ non-statutory liability as on date. During the financial year 2018-19, SICOP has achieved turnover of Rs 684.39 Crore with cash surplus of Rs 5.88 crore. During financial year 2019-20 (ending 3rd Quarter), SICOP has achieved turn over of Rs 507.57 crore against target of Rs 700.00 crore with cash surplus of Rs 4.43 CroreSICOP also Acts as -
Sh. G C Murmu
Hon'ble Lt. Governor of Union Territory of J&K
Sh. K K Sharma
Advisor to Hon'ble Lt. Governor
(Chairman J&K SICOP)
Sh. M K Dwivedi, IAS
Commissioner/Secretary to Govt.
Industries & Commerce Department
Sh. Atul Sharma
Supply of Raw Material