Minister Chandra Mohan Patowary calls upon industrialists to invest in rubber sector

Industries and Commerce Minister Chandra Mohan Patowary called upon Chairmen cum Managing Directors of JK Tyre
Minister Chandra Mohan Patowary calls upon industrialists to invest in rubber sector

GUWAHATI: Industries and Commerce Minister Chandra Mohan Patowary called upon Chairmen cum Managing Directors of JK Tyre, Apollo Tyres, CEAT and MRF to come and invest in Assam as the State enjoys the geographical advantage of accessibility to ASEAN and South East Asian countries. "The ongoing project of Multi-Modal Logistic Park (MMLP) at Jogighopa will boost trade and commerce bringing Bangladesh and neighbouring countries to only 3 hours travel time from Assam," stated the Minister during a video conference with Union Minister of Commerce and Industry, Piyush Goyal for promoting rubber plantation in India. The webinar was also attended by Chief Ministers, Deputy Chief Ministers, Chief Secretaries, industrial captains and senior officers of the country.

Union Minister Piyush Goyal thanked the Automotive Tyre Manufactures' Association (ATMA) for agreeing to invest Rs. 1,100 crore for developing plantation in 2,00,000 hectares within a span of five years in North East. Acknowledging the good quality of rubber produced in North East, Union Minister Piyush Goyal described the region as an ideal rubber procurement zone. "Rubber sale at better value in the market encourages better rubber plantation," said the Union Minister. He urged the North East States to work out schemes and coordinate with NABARD for loan assistance to the farmers.

The webinar was also attended by Principal Secretary, Industries and Commerce, Dr. KK Dwivedi, Secretary, Pabitra Ram Khaund and other senior officials, stated a release.

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