Home / Knowledge / News / New industry policy to be finalized - Mr. Barua
New industry policy to be finalized - Mr. Barua
16
Feb '10
In a bid to develop the industrial sector, a new policy will be finalized in the ongoing month, anticipated Mr. Dilip Barua, Minister of Industries. A research and development cell of the Industries Ministry has been formed to offer assistance in identifying the existing impediments for industrialization, informed the Minister in a meeting with Foreign Investors Chamber of Commerce and Industries (FICCI).

The government is putting emphasize on direct foreign investment to turn Bangladesh into an industrialist country and will take all the necessary measures to offer protection to the expatriate entrepreneurs' investments, said Mr. Barua. The government will soon take measures to improve the power and energy sector, he added by saying.

In order to increase direct investment, several recommendations have been made by foreign business leaders, like, enhancing power and energy supply, developing law and order and framing coordinated industrial and financial policies,.

The frequent revisions in financial guidelines are troubling foreign investors. To protect the foreign investments, the leaders requested the government to keep tax policy consistent and stable, for a minimum of five years.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search