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Regular-article-logo Sunday, 12 May 2024

Assam business meet on investment opportunities

A trade affair with Rajasthan

Our Special Correspondent Guwahati Published 15.03.20, 09:40 PM
Officials at the meeting in Guwahati

Officials at the meeting in Guwahati Telegraph picture

Northeast met the west as trade officials from the opposite ends of the country came together to discuss mutual aims.

Rajasthan has asked entrepreneurs from Assam to invest in its state, during a business meeting was held here on Friday with Rajasthan Industrial Development and Investment Corporation Ltd (RIICO), said an official from the Confederation of Indian Industry (CII).

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A session on investment opportunities in Rajasthan was also held.

RIICO has been organising such programmes throughout the country.

“Officials told participants that RIICO, a wholly-owned undertaking of the government of Rajasthan, has 348 industrial areas in Rajasthan, which are spread over more than 49,000 acres of land where more than 40,000 units are functional and is in the process of opening 34 more industrial areas,” the official said.

RIICO officials said in the meeting that Rajasthan is rich in minerals and agricultural resources.

Investment opportunities exist across many sectors both in manufacturing as well service sector.

“The framework of newly announced policies and schemes coupled with inherent advantages that Rajasthan enjoys, presents a very good matrix to start ventures in Rajasthan,” an official said.

“Participants showed a keen interest in knowing details. A suggestion was made by a participant for exploring possibilities of collaborative approach between entrepreneurs of Rajasthan and Assam to set up ventures based on raw material resources, specialties and markets of each other,” the CII official said.

Rajasthan in December had announced a state industrial policy in December last and they had come here to inform entrepreneurs here about it and the various incentives.

The main vision of the policy is to make the state the most preferred investment destination in the country with an excellent eco-system for inclusive, balanced and sustainable industrial development.

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