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Acting as Single Window Contact for all information related to setting up
of large and medium industries in the State.
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Operating the State incentive schemes to large and medium industries under the Industrial Policy of the Government.
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Providing and managing data base and consultancy for
preparation of project reports.
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Identifying and listing potential investment opportunities for the State.
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Providing finance for projects in the form of term loans/Equity Investment/ Equipment finance etc.
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Organising seminars, campaigns, road shows and investors meet in different cities of India and abroad.
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Assistance in technology sourcing and for technology up gradation.
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Providing merchant banking services.
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Providing financial and management support for revival of sick but potentially viable industrial units.
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Assisting development of theme Industrial Parks/Industrial Estates, mega infrastructure projects, Special Economic Zone etc.
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Financial assistance by IPICOL has contributed to a total investment of Rs.3750.00 crores covering a wide range of products like Pig Iron, Sponge Iron, High Speed Steel, Aluminium Extrusions, Aluminium Powder, Aluminium Rolled Products, Cement, Textile, Paper, Industrial Gases, Synthetic Fibres, Granite, Refractory etc.
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Generated direct employment for more than 37000 persons through these industries.
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Played a significant role in dispersal of industries in backward areas.
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Attracted several large houses like Tata's, NICCO, INDAL,
Dalmia's, JK Group, B.K. Birla Group, Ispat Group, Thappar's, Reliance,
Oswal etc. to set up their industries in Joint Sector/Joint Venture within the State.
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Promoted several service industries like Hotels, Printing Press, Film Studios having large employment potential.
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Played a significant role in the development of resource based industries in the State, like Sponge Iron, Sugar, Ferro Alloys and Mini-Cement Plants etc.
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IPICOL has identified and prepared project profiles for ancillary and downstream industries to the mega projects.
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IPICOL is closely associated in developing theme Industrial Parks like Aluminium Park at Khurda, Food Processing Park at Khurda and Muniguda and Export Promotion Industrial Park (now INFOCITY) at
Bhubaneswar.
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IPICOL organises Seminars and Investors meet in different cities of India and abroad to attract investors to
Orissa.