The new policy is expected to create an investor-friendly environment with easy access to raw materials and manpower, media outlets based in the state reported.
The decision comes just ahead of the Advantage Assam 2.0 summit in state capital Guwahati.
The cabinet was also decided to extend the term of the 6th Assam Finance Commission till March 31, 2026.
Fibre2Fashion News Desk (DS)