The M.P. state Industrial Development Corporation was founded in which year?
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The M.P. State Industrial Developrnent
Corporation was founded in 1965 in Bhopal as MPAKVN
and in Oct. 1987 it was renamed as MPSIDC. Its main
objective is to provide financial and technical support to
big and medium industries of the state. MPSIDC is also
the nodal agency for industrial growth in the state. It
also manages public undertaking of the state. It also acts
as a Single Window Secreteriate for investment promotion
and facilities.