The Agricultural Promotion & Investment Corporation of Odisha Limited (APICOL) was incorporated on 01-03-1996 with the intention of bringing enterprise into agriculture as envisaged in State Agriculture Policy 1996. It started functioning since 01-06-1996 with the sole objective of promoting agro-based industries/food processing industries including commercial agriculture/horticulture/animal husbandry/fisheries, in broad terms to promote investment in Agriculture and allied sector.


To bring in a shift from subsistence agriculture to commercial agriculture by motivating farmers and entrepreneurs on commercial agri-enterprises and provide an interactive coupling between technology, economy, environment, institutions and society for speedy development of agriculture, agro-based/food processing industries to build up a substantial base for production of value added agro-food products for domestic and export markets with strong emphasis on quality and productivity.



“To proactively contribute to the all-round economic and social development of the state by being responsive, competitive and efficient while, at the same time, protecting and improving the natural environment and livelihoods of local communities”.



  • To prepare suitable schemes on Agriculture, Horticulture, Animal Husbandry, Pisciculture and fields allied to Agriculture and make them available to prospective entrepreneurs within the state.
  • Commission feasibility studies on different crops and crop related industries.Take-up special campaign for promotion of Agricultural Entrepreneurship.
  • To acquire and hold equity in joint ventures with agricultural houses/enterprises in the joint sector, assisted sector and to raise and receive funds for the above purpose.
  • Act as a single window clearance point for the different incentives under the Agricultural Policy Resolution.
  • Counseling, customer service including escort services and guidance to entrepreneurs on agri business activities, executants on L.I. Points and public.
  • Arrangement of seminars, workshops, exhibitions, Entrepreneurs Development Program and Awareness Programs. Acting as Virtual Office of Agricultural & Processed Food Products Export Development Authority (APEDA), Government of India.
  • Acting as enlisted consultant by Small Farmers’ Agri Business Consortium (SFAC), Government of India under its Project Development Facility.

Memorandum and Articles of Association of APICOL