Correct Answer - Option 4 : Modernization of the Agro sector via mechanization
Maharashtra Agro Industries Development Corporation Ltd (MAIDC) was founded on 15-Dec-1965 to promote modernization of the Agro sector through mechanization
Maharashtra Agro Industries Development Corporation Ltd:
1. MAIDC is a profit-oriented organization registered under the Companies Act, 1956. Right from its inception, MAIDC has been empowering the farmers' community to
achieve higher productivity in agriculture.
2. The objective of the company is to make available to the farmers of Maharashtra standard quality Fertilizers, Pesticides, Agro Engineering Implements & Animal feed to
the extent required & at the time of requirement & at competitive rates.
3. Maharashtra Agro Industries Development Corporation Limited (MAIDC) has also been designated as State Nodal Agency by the Ministry of Food Processing
Industries, Govt. of India
4. The Company has headquarter in Mumbai and manages its affairs through twelve Regional Offices located at Ratnagiri, Kolhapur, Nashik, Jalgaon, Pune, Aurangabad, Nanded, Osmanabad, Akola, Amravati, Nagpur & Chandrapur.