Five companies to invest Rs. 3,000 Cr in Assam
Guwahati: The Assam government is taking significant steps to boost industrial growth and attract investments through various initiatives and policies.
To attract investments, the Assam government has introduced the Assam Industrial and Investment Policy (Amendment), 2023. This policy aims to transform the state into a preferred investment destination, attracting large-scale projects and fostering economic growth in the state.
An Empowered Committee has been established, led by the Industries and Commerce Minister, who will take on the crucial responsibility of meticulously evaluating all proposals received under the new policy to ensure that investments under the Assam Industrial and Investment Policy (Amendment), 2023, align with the state's growth objectives and development priorities.
Chief Minister Himanta Biswa Sarma on August 19 took to Twitter to extend a warm invitation to potential investors.
Sarma’s announcement emphasised the state’s commitment to creating a business-friendly environment and highlighted the diverse opportunities that Assam has to offer.
“We are committed to creating a business-friendly atmosphere in Assam and welcome potential investors to explore the diverse opportunities that the State offers. We will extend all help required to make the process seamless and rewarding,” Chief Minister Sarma tweeted.
Assam government has decided to sign an MoU with five companies which will attract an investment of around Rs 3,000 crore. The decision was taken during a state Cabinet meeting in August.
The government has already signed an MoU worth Rs 8,000 crore.
The policy is showing promising signs of success, as five companies are in the process of setting up units in the state under its provisions. These ventures are expected to contribute significantly to the state's economy. This will also produce at least 4,750 new jobs in the state.
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