Andaman and Nicobar Islands Integrated Development Corporation Limited (ANIIDCO) was incorporated on 28th June 1988 under the Companies Act 1956 for rapid economic growth of the Islands. The main objective of the Corporation is to develop and commercially exploit the natural resources for the balanced and environment friendly development of the territory.
The authorized share capital of the company is Rs. 50 crorers and paid up share capital is Rs. 10.97. The share capital of the company has been contributed by Industries, Fisheries and Animal Husbandry Department.
The total strength of the Board is 11 Directors against which there are presently 9 Directors nominated by the Honorable Lt. Governor:
| Sl. No. | Name | Designation |
|---|---|---|
| 1 | Shri Chetan Bhushan Sanghi, IAS | Chairman |
| 2 | Shri Yashpal Garg, IAS | Managing Director |
| 3 | Shri K R Meena, IAS | Director |
| 4 | Shri Sandip J. Jacques, IAS | Director |
| 5 | Mrs. Neha Bansal, IAS | Director |
| 6 | Shri Ajoy Bandopadhyaya, MSME-GOI-Kolkata | Director |
| 7 | Shri Sharan Kumar Nanda | Director |
| 8 | Shri Ajay Goel | Director |
| 9 | Shri Anstice Justin | Director |
The Financial result for the company for last Eight years is as under:
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Contribution to the Exchequer by the Corporation:
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The Chief Secretary, A&N Administration is the chairman of the Corporation. The organization is headed by Managing Director, an IAS officer. MD is assisted by General Manager, Company Secretary and other officers.
The total sanctioned staff strength of the Corporation is 284. There are 4 categories of employees in the Corporation; group A, group B, group C and erstwhile group D. The Corporation is presently having 220 number of staff out of which 198 are regular staff, 14 are on deputation and 8 are on contract. The Corporation has also outsourced certain staff requirement.
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