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Private sector may invest Rs10,000cr in Assam

19
Apr '07
Private sector companies like ITC, Emami and APJ are keen to invest around Rs10,000 crore within next five years in various projects including setting up of industrial estates, petro-chemicals and infrastructure development in Assam.

A programme 'North East Initiative' organized by Indian Chamber of Commerce, on Monday, was attended by Chief Minister of Assam Tarun Gogoi and Jeet Paul of APJ Group, Ranvir Bhandari of ITC, Sushil Goenka of Emami and President of the ICC, S K Bangur among other.

Tarun Gogoi accepted the need to develop the handloom and textile sector as well as to enhance the exclusive golden silk (Muga) industry of the state.

With the Government's recent offer of incentives under North East Industrial and Investment Policy (NEIIP), the industries which would be investing in the region can take the benefit from the new policy.

Such a huge investment would surely create a good amount of employment opportunities in the state.


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