Rajasthan State Industrial Development and Investment Corporation- RIICO provides loans and allocates land. Over 200 industrial areas have been developed by RIICO. In select cases it also provides equity support. RIICO has been tireless in its efforts to promote and provide the right climate in Rajasthan. The main objective of this industrial catalyst is to develop industrial estates and to provide investment funding , both as term loans and equity participation, basically to medium and large industrial projects. RIICO is also classified as a category one merchant banker and as such it is able to manage and advise on public issues, as well as, act as loan syndicator and underwriter.