Industry body welcomes Assam's new industrial policy

An industry body in the North- Eastern region on Wednesday lauded the new Assam Industrial and Investment Policy for showcasing the "Locational Advantage" of the state as a hub for manufacturing and services for the larger South East Asian market.

The Federation of Industry and Commerce of the North East Region (FINER) welcomed the policy for emphasising Assam's geographical proximity to the Association of South East Asian Nations (ASEAN) and South East Asian countries.

The policy recalibrates the focus on the strengths of the region, as against the historical premise of locational disadvantage of the area, post partition of the country and closure of traditional trade routes through Bangladesh, FINER president Pabitra Buragohain said at a press conference here.

The Assam government had on July 22 approved the 'Industrial and Investment Policy of Assam, 2019' for a period of five years.

Buragohain said it will help investments coming to thrust areas such as food ...