MANIPUR INDUSTRIAL DEVELOPMENT CORPORATION LIMITED (MANIDCO)

What MANIPUR INDUSTRIAL DEVELOPMENT CORPORATION LIMITED (MANIDCO) does

Manipur Industrial Development Corporation Limited (MANIDCO), formerly Manipur Small Industries Corporation Limited (MSIC), is a state government corporation incorporated in 1969 under the Companies Act, 1956, and wholly owned by the Government of Manipur. The corporation's stated mandate is to enter into contracts with and take up indents from the Government of India and the State Government across all departments, subsidiaries, and branches, functioning as an agency or officer for industrial development purposes within the state of Manipur.

MANIDCO operates a diversified portfolio of industrial and public-service projects including Power Loom operations, Geotextiles and Apparel manufacturing, projects under the North Eastern Council (NEC) and Fragrance & Flavour Development Centre (FFDC), the MSMC Moeh industrial facility, a Hospital, and an Export House providing export-related certifications. It also administers a government tender management system (Notifications, Corrigendum, Expression of Interest). The corporation is governed by a board chaired by Dr. Radheshyam Yumnam, Hon'ble MLA (38-Heyanglam A.C. Manipur), with the Principal Secretary (Commerce & Industry), Government of Manipur serving as Director. Day-to-day operations are led by a Managing Director who acts as Chief Executive Officer.

The business model is entirely government-contract based, with revenue derived from agency work and indents placed by Government of India and Manipur State Government departments. The firm does not disclose pricing, revenue figures, or detailed headcount. Its digital presence is limited to an official website (manidco.in) carrying copyright dates of 2020-2021, and it operates exclusively within the geographic confines of Manipur, India. There is no evidence of private-sector competition, venture funding, or external ownership, consistent with its identity as a state instrumentality.

Name

MANIPUR INDUSTRIAL DEVELOPMENT CORPORATION LIMITED (MANIDCO)

Legal name

Manipur Industrial Development Corporation Limited

Website

https://manidco.in

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

11–50 employees

Short description

Manipur Industrial Development Corporation Limited (MANIDCO) is a state government corporation owned by the Government of Manipur, India, incorporated in 1969. It serves as the official agency for industrial development contracts with the Government of India and the Manipur State Government.

Ownership category

akta.pro rank

Product category

Government Industrial Development Services

NAICS

Administration of Economic Programs (9261), Administration of General Economic Programs (92611)

akta.pro industry

PRIMARYBPAIAAAL

Trade, Industry & Economic Development Administration

Business & Public Services/Public Sector & Government Administration/Central/Federal Government Administration

Keywords

• Government industrial development
• Public sector contracting
• Industrial project management
• Export house services
• Government tender administration

Headquarters

HQ city

Imphal

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Government Contract Services: MANIDCO enters into contracts with Government of India and the State Government in all their departments and other subsidiaries and branches, taking up indents as an agency or officer function.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

MANIDCO is a state government industrial development corporation that enters into contracts with, and takes up indents from, the Government of India and the Government of Manipur across all departments and subsidiaries, acting as an agency or officer. It delivers and manages industrial projects including Power Loom, Geotextiles, Apparel, NEC & FFDC, MSMC Moeh, and Hospital facilities, and operates Export House and government tender administration services for the state.

Product overview

MANIPUR INDUSTRIAL DEVELOPMENT CORPORATION LIMITED (MANIDCO) is a government corporation formerly known as Manipur Small Industries Corporation Limited (MSIC), incorporated in 1969 under the Companies Act, 1956. It operates as a multi-service industrial development agency offering government contracting services, industrial projects (including Power Loom, Geotextiles, Apparel, NEC & FFDC, MSMC Moeh, Hospital), Export House services, and tender management. The corporation is headed by a Managing Director who serves as CEO and is structured around government partnerships rather than a technology product platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Government Industrial Development Services End-to-end execution of government industrial development mandates, including contract execution, indent fulfillment, and agency/officer functions for the Government of India and Government of Manipur across departments and subsidiaries.
• Power Loom, Geotextiles and Apparel Project State-operated industrial project covering power loom operations, geotextiles manufacturing, and apparel production in Manipur.
• NEC & FFDC Project Industrial development project managed under the North Eastern Council (NEC) and the Fragrance & Flavour Development Centre (FFDC) in Manipur.
• MSMC Moeh Project Industrial development project operated at the Moeh site in Manipur.
• Hospital Services Operation of a healthcare facility by the Corporation as part of its industrial and public-service mandate.
• ETA & Minister Inspection Services Inspection and evaluation services conducted under the Electronic Transfer Agreement (ETA) and ministerial oversight.
• Export House Services Export-related services and certifications for traders and manufacturers operating from Manipur.
• Government Tenders Management Administration of tender notifications, corrigenda, and expressions of interest for government procurement in Manipur.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Government of India (Various Departments)coreStrategic or Co-development Partner · 1 January 1969MANIDCO enters into contracts with the Government of India in all their departments and other subsidiaries and branches for agency or officer functions.
• Government of Manipur (State Government)coreStrategic or Co-development Partner · 1 January 1969Primary state government partner for industrial development in Manipur. The corporation operates under state government oversight with Principal Secretary (Com. & Ind.) as Director and the Hon'ble MLA as Chairman.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Direct peers

• Punjab Industrial Development Board (PIDB): Punjab's state industrial development agency with similar role of promoting industrial investment, facilitating government projects, and managing industrial infrastructure on behalf of the state government.
• West Bengal Industrial Development Corporation (WBIDC): West Bengal's state-owned industrial investment and development corporation, comparable to MANIDCO in being a government corporation facilitating industrial projects and entering into contracts with state departments.
• Gujarat Industrial Development Corporation (GIDC): Gujarat's state industrial development corporation responsible for industrial estate development and promotion of industries. Shares MANIDCO's mandate of driving state-level industrial development through government-owned entity mechanisms.
• Maharashtra Industrial Development Corporation (MIDC): State-owned industrial development corporation of Maharashtra with a similar mandate to acquire land, develop industrial infrastructure, and facilitate industrial projects. Closely comparable to MANIDCO in statutory role and government contracting model, though operating at much larger scale.
• Tamil Nadu Industrial Development Corporation (TIDCO): Tamil Nadu's state government investment and industrial development arm. Comparable in its role as a state-owned corporation facilitating industrial investment and managing industrial projects for the state government.
• Kerala State Industrial Development Corporation (KSIDC): Kerala's principal industrial development and investment facilitation agency, incorporated as a state-owned corporation. Directly comparable in statutory structure, government ownership, and industrial promotion mandate.
• Andhra Pradesh Industrial Development Corporation (APIIC): State-level industrial infrastructure and development corporation of Andhra Pradesh with similar functions of industrial estate development, project facilitation, and government contracting for industrial promotion.
• Karnataka Industrial Areas Development Board (KIADB): Karnataka's state body for industrial area development, formed under state statute with mandate overlapping with MANIDCO's industrial development and government project facilitation role.

Regional players

• Assam Industrial Development Corporation (AIDC): Northeast India's peer industrial development corporation based in Assam. Most regionally relevant comparable given shared geography, similar industrial development challenges, and analogous Northeast-focused industrial promotion mandate.

Broad incumbents

• National Small Industries Corporation (NSIC): Central government enterprise under the Ministry of MSME that supports small industries nationwide. Comparable as a government-owned entity promoting small-scale industrial development, though operating at federal scale versus MANIDCO's state-level scope.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/manidco

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MANIPUR INDUSTRIAL DEVELOPMENT CORPORATION LIMITED (MANIDCO)