About APICOL

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.

Vision:

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.

 

Mission:

“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”.

 

Objectives:

  • 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