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Assam Chief Minister invites investments, assures of all government support for new ventures

By Amitava
|

Assam Chief Minister Sarbananada Sonowal has appealed to industrialists and investors to attend the first ever two day long first ever Global Investor's Summit to be flagged off at the State capital on February 3, 2018.

Assam Chief Minister invites investments, assures of all government support for new ventures

"Assam is a state full of potentials, prosperity and possibility. Terrorism is no longer a threat in Assam. On the other hand Assam is a land with verdant natural and mineral resources where a peaceful and conducive atmosphere is conducive for investments" stated the Assam Chief Minister delivering his key note address at the curtain raiser of "Advantage Assam: Global Investors Summit" in Delhi.

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Sonowal stated that his government stresses on inclusive growth and sustainable development. Inviting investments, Sonowal assured of all possible Government support in developing businesses.

The CM hailed Prime Minister Modi for projecting North East states as "Astha Laxmi" adding that a new industrial policy is in pipeline as the Union Government is actively considering a new industrial policy to provide incentives for investments made in Assam.

With the Center's "Look East Policy" Assam is tipped to be the gateway for the East and South East Asian Nations, claimed Sonowal.

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The region and specially Assam has a projected market of 180 crore people of ASEAN countries.

The Assam Government is stressing on IT and electronic industries. To provide an additional boost, the new IT and Electronic Industries policy of Assam states that Rs. 1.20 lakh one time support will be provided per seat for setting up BPOs having minimum 100 seats.

Similarly Rs. 1.5 lakh one time support will be provided per employee for software development besides Rs. 2.5 lakhs one time support per employee for Research and Development having minimum 50 seats.

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