The correct answer is Rajasthan State Industrial Development and Investment Corporation.
Key Points
- RIICO stands for Rajasthan State Industrial Development and Investment Corporation
- It is a premier agency of the Government of Rajasthan that has played an important role in the industrial development of Rajasthan.
- It was formed in 1980.
- Tagline: Grow with us.
- A Government enterprise incorporated under Companies Act, 1956 on 28th March 1969 as Rajasthan State Industrial & Mineral Development Corporation (RSIMDC) on 1st January 1980 bi-furcated into:
- Rajasthan State Industrial Development & Investment Corporation Limited (RIICO)
- Rajasthan State Mineral Development Corporation (RSMDC)
- Sunil Arora is the current chairman of RIICO. (Sep 2021)
