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Assam gets its 1st export and logistics policy

16
Nov '19
Pic: Shutterstock
Pic: Shutterstock
To boost exports, India’s Assam state recently unveiled its first export and logistics policy that will be in force for five years. Objectives of the policy include simplifying the exporting process by creating simple, effective and efficient institutional mechanisms and organising and coordinating with stakeholders in a professionally competent way.

Tea, textiles, petroleum products, cosmetics, pharmaceutical products, food products and agro and horticulture produces, ornamental fish and Agar oil are exported from the state.

“Assam has the unique locational advantage, being the closest landmass of vibrant economies of the South East Asian countries. On Act East, Assam is on its way to get some of the best infrastructure in Asia to facilitate the largest volume of trade between India, China, Myanmar, Bangladesh and other Asean countries,” the introduction to the policy document states.

Besides tea, the other focus areas are agro and allied products, food processing, floriculture, organic farming, bamboo products, ornamental fishes and pisciculture, medicinal and aromatic products, hydrocarbon products, plastics and petrochemicals, according to Indian media reports.

The state policymakers are banking on new and improved connectivity through the East West corridor which starts from Porbandar in Gujarat to Silchar in Assam, and the Asian Highway No 1, which slices through the state.

The state government is taking up a programme to dredge the river mighty Brahmaputra and river Barak to use navigable waterways in trade and commerce that connects it with Bangladesh giving it access to the ports of Kolkata and Haldia in West Bengal and Chittagong and Mongla in Bangladesh.

Fibre2Fashion News Desk (DS)


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