Karnataka State Forest Industries Corp. Ltd.
Bangalore, 560003
The Karnataka State Forest Industries Corporation Limited is a Government of Karnataka undertaking. It was established in March 1973 and was incorporated and registered under Companies Act 1956. It reports to the Ministry of Forest, Ecology and Environment at the State level. Its registered office is located at 3rd floor, “Vanavikas”, Malleshwaram, 18th Cross, Bangalore 560003. The main objective of the Corporation is to harvest forest produce for supply to pulpwood and rayon industries vis-à-vis creating employment potential; processing of wood and manufacture of furniture and wood based construction material. One of the main responsibilities is to eliminate forest contractors in the whole chain of operations including logging for timber and processing and marketing of forest produce. It has a Memorandum and Article of Association. The authorized share capital of the Corporation is Rs.300 lakhs (30,000 equity shares of Rs.1000 each) and the present paid up capital is Rs.266.58 lakhs, wholly invested by the State Government.