Saturday, February 22, 2025
spot_img

Assam urges Centre to suggest MNCs to invest in state

Date:

Share post:

spot_img
spot_img

GUWAHATI: Assam has urged the Centre to make suggestions to multinational companies “willing” to migrate their base to India, to set up production facilities in the state.

Chief minister Sarbananda Sonowal on Monday informed that he has already discussed the matter with Prime Minister Narendra Modi, who he said, has responded positively on the issue.

Sonowal has also sent a letter to the central government to make suggestions to those companies to invest in Assam.

It may be mentioned that the state industries department has already taken up the matter with the department for promotion of industry and internal trade (DPIIT), Invest India, Japan External Trade Organisation (JETRO), US-India Business Council and US Chamber of Commerce to facilitate and advise companies, who are willing to shift from China, to set up their production facilities in Assam.

The state is also looking at the prospect of housing a Japanese industrial township to attract investment from Japanese firms.

The industries department has also engaged a global firm, Ernst & Young (E&Y) to study and assess the impact of the lockdown on the industrial sector in Assam and suggest policy framework to attract industries that are planning to move out of China.

Meanwhile, as part of the state government’s efforts to revitalise the industrial sector, which has been affected by the COVID-19 pandemic, Sonowal on Monday interacted with representatives of central and state government PSUs, industry and tea associations here and solicited their suggestions to arrest the economic slowdown.

He also talked to several industry leaders through video conference who joined the interaction from different parts of the state and the country.

“The state government is concerned about the loss incurred by the industries and has come up with measures to check the economic slowdown”, Sonowal said during the interaction.

He further informed that the state government has constituted an economic advisory committee to suggest recommendations to the government to deal with issues affecting the economy and to boost economic activities in the state

 

 

spot_img
spot_img

Related articles

Tom Hanks, his wife Rita Wilson donate $1 million to Los Angeles wildfires relief efforts

Los Angeles, Feb 22: Hollywood star Tom Hanks and his wife, Rita Wilson are contributing to the relief...

Indian stock market consolidates amid global uncertainties, FIIs to return soon

Mumbai, Feb 22: Indian stock markets remained in a consolidation phase this week, with benchmark indices Sensex and...

Chancellor of private university arrested by Assam Police

Guwahati, Feb 22: Assam Police on Saturday arrested Mahbubul Hoque, Chancellor of the University of Science and Technology,...

Man who stabbed Salman Rushdie found guilty of attempted murder and assault

New York, Feb 22: A New Jersey man who stabbed renowned British-Indian author Salman Rushdie multiple times on...