History

 
  • Commenced operations in 1966, as a centralised marketing unit for a few State-owned industrial units.
  • From 1967 to 1989 marketing of all products of KS&DL all over the country.
  • From 1969 to 2007 MSIL was the sole selling agency for the Marketing and distribution of Karnataka State Lottery tickets.
  • During the ‘70s MSIL handled special projects such as the distribution of imported cement and export of rice.
  • During seventies MSIL also handled the sales of agricultural implements produced at KIMCO.
  • During the 80’s the company was marketing Asian Power Capacitors manufactured by Asian Electronics, Nashik.
  • In order to facilitate the student community especially in rurul areas with quality notebooks at a reasonable price, Government of Karnataka has entrusted MSIL with the responsibility of  manufacture and distribution of notebooks. Today Vidya & Lekhak brands of notebooks are extremely popular.
  • Since early 80s to May 2008 MSIL has served as Custodian / Administrators of the Bangalore Air Cargo Complex
  • In 1989, MSIL entered the consumer durables market with the hire purchase scheme for government employees – MSIL Homaker.
  • For a brief period MSIL also operated a retail showroom for silk products by the name of Mandara.
  • MSIL also had an exclusive showroom for sale of imported furniture.
  • From 1989 to 2003 MSIL was the sole distributor of Indian Made Foreign Liquor (IMFL) in Karnataka.
  • 1990 MSIL ventured into the travel sector with MSIL Tours & Travels
  • In 1992, MSIL was a pioneer in introducing solar water heating system with the brand name MSIL Hotspring.
  • In 1992, MSIL was a pioneer in introducing solar water heating system with the brand name MSIL Hotspring.
  • In Sept 2002, established another Joint venture with HAL and CONCOR as partners to handle Air Cargo Operations.
  • In 2005, to protect the interests of the small investors, MSIL launched its own Chit Fund scheme.
  • In joint venture with M/s. MSIL also entered in to used car market.
  • Subsequent to the ban of Arrack in the state, to ensure that the Quality liquor is available to public at MRP, Govt. has allotted about 400 retail liquor outlets to MSIL last year to be opened across the state.