Patowary meets investors to dispel their fear

By our Staff Reporter

GUWAHATI, Nov 9: State Industries and Commerce Minister Chandra Mohan Patowary held an interactive session with various investors of Assam at a city hotel today.

This meeting was convened to assure the investors of full support, discuss their issues and address the problems and dispel their doubts and uncertainties.

Around 27 companies ranging from Asian Paints, Ajanta Pharma, Sun Pharma, Britannia Industries, Berger Paints, Dabur India, EMAMI, Hindustan Unilever, Havells, Asian Brahmaputra Hospital & Healthcare, Abdos Lamitubes Pvt. Ltd. Etc., participated in today’s interactive meet. The accumulated investment of these 27 companies was worth Rs. 4,781 crore which would generate employment of over 5,000 people.

Addressing the gathering, Patowary lauded the initiative of the investors to invest in Assam in spite of many misgivings regarding the state. “So, we treat you all as our guests, not as industrialists. Thus, it is our duty to extend all help and assistance for promotion of industrial growth in the state,” the minister said.

The meet also discussed issues relating to power availability, law and order, North East Industrial and Investment Promotion Policy (NEIIPP), 2007, land registration and ‘mega status’ of projects etc.

Patowary added that the atmosphere is congenial for investment and called upon the investors to generate employment for the unemployed youth of the state. He said that, Nirmala Sitharaman, Minister of State for Commerce and Industry, in a recent communiqué stated that the Centre is formulating a new policy for the Northeast after the suspension of NEIPP. Dispelling doubts of the industrialists, the Minister stated that the new state industrial policy, under GST, would give a further boost to investors.

The minister said that with the dredging of the Brahmaputra, signing of MoU for enhancement of air connectivity, building of new highways, the state is well-poised for an industrial linkage to South-East Asia.

Principal Secretary, Industries and Commerce Department, Ravi Capoor, said that the Investment Cell would be further strengthened to facilitate industrialization in Assam.

The meeting was attended by Commissioner, Industries and Commerce, Dr. KK Dwivedi, MD, AIDC, HK Sharma and MD, APDCL, Puru Gupta.

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