Assam secured over Rs 13,000-crore investments in last 14 months: CM
Among the companies that have entered into MoUs so far are PepsiCo India, Star Cement, Jericho Chemicals, Indian Hotels Company Ltd, Maxim Infrastructure Pvt Ltd and Topcem India LLP, officials said.
Assam has secured investments to the tune of Rs 13,364 crore with employment generation for more than 17,000 people in the last 14 months, Chief Minister Himanta Biswa Sarma said.
The investments have been committed through 21 proposals, approved by the state cabinet, under the Industrial and Investment Policy of Assam (IIPA), 2019.
“The IIPA was amended in 2023 to attract mega investments of Rs 100 crore and more, with permanent jobs for 200 or more,” he said in a post on X on Friday.
While MoUs for 14 of these proposals were signed earlier, seven agreements were inked on Friday, he said.
"In January 2023, we announced a policy to customise incentives for mega investors. Today, 7 more firms committed to create 6,500 jobs through Rs 2,000 cr of investment," Sarma said.
In last 14 months, through this policy, Assam has secured investments of Rs 13,364 crore and 17,700 jobs, the chief minister said.
Among the companies that have entered into MoUs so far are PepsiCo India, Star Cement, Jericho Chemicals, Indian Hotels Company Ltd, Maxim Infrastructure Pvt Ltd and Topcem India LLP, officials said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
If you make RDs of Rs 5,000, Rs 10,000, Rs 15,000, and Rs 20,000 in post office, what will be your maturity amount?
Special Live Trading Session on Saturday: Know why BSE, NSE will remain open on May 18; check timings
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
11:15 AM IST