Sikkim Industrial Development and Investment Corporation Limited (SIDICO)
SIDICO is named under the Sikkim government's Commerce and Industries Department, which carries a 'Public Sector Undertaking' link. It is seated in Gangtok, the state capital. No 2025 or 2026 results, disinvestment, merger, revival or CAG finding for it was locatable in accessible official sources, so its current PSU listing verified on 2026-09-24 is used as the latest trace.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →SIDICO is named under the Sikkim government's Commerce and Industries Department, which carries a 'Public Sector Undertaking' link. It is seated in Gangtok, the state capital. No 2025 or 2026 results, disinvestment, merger, revival or CAG finding for it was locatable in accessible official sources, so its current PSU listing verified on 2026-09-24 is used as the latest trace.
What happened
The official Commerce and Industries Department page names SIDICO among the department's achievements and carries a 'Public Sector Undertaking' link (source: sikkim.gov.in department page, verified 2026-09-24).
The Wikipedia page for Prem Das Rai states he was 'Chairman of Sikkim Industrial Development and Investment Corporation Limited (SIDICO)' (source: en.wikipedia.org/wiki/Prem_Das_Rai).
Gangtok is the state capital and the headquarters of Gangtok district (sources: Sikkim page; Gangtok district page), which is why the state-level PSU is placed at Gangtok; its street address and incorporation year could not be confirmed in accessible excerpts.
The only dated portfolio item visible on the state portal in the window was a Power Department general notification dated 23-09-2026; no dated SIDICO results, decisions or findings were visible (source: sikkim.gov.in homepage, 2026-09-24).
What we could not confirm
Shareholding percentages, FY revenue/profit, employee count, incorporation year and any 2025-2026 results, disinvestment, merger, revival, CAG finding or new-unit decision for SIDICO could not be confirmed in accessible official sources (DPE survey, MCA, CAG and company pages were blocked or returned no Sikkim excerpt); financials, employees, shareholding and established left null. Headquarters street address not verified beyond Gangtok as seat of government. No opinion on sale or closure.