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Invest India to have a particular cell for Arunachal Pradesh

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GUWAHATI: Deepak Bagla, CEO of Invest India stated that Invest India would have a particular cell for Arunachal Pradesh for selling funding within the state

The Government of Arunachal Pradesh has accorded a excessive precedence for improvement of Industrial sector in Arunachal Pradesh which might be instrumental in producing financial actions and employment alternatives for youth of Arunachal Pradesh. The Arunachal Pradesh industrial coverage launched by the Union Home Minister Amit Shah on 20th February 2020 has been effectively acquired by the enterprise neighborhood.

Chief minister Pema Khandu wrote to Hon’ble Prime Minister searching for assist from the Department of Promotion of Industry and Internal Trade (DPIIT) in attracting funding in industrial sector in Arunachal Pradesh. In pursuance of the identical, Secretary DPIIT held a marathon assembly immediately on selling funding in Arunachal Pradesh which was attended by Deepak Bagla, CEO of Invest India and officers from 13 central ministries. Naresh Kumar, Chief Secretary of Arunachal Pradesh led the workforce of state authorities.

Prashant Lokhande, Commissioner(Planning and Investment) gave an in depth presentation on funding alternatives in Arunachal Pradesh highlighting key strengths resembling peace loving neighborhood, plentiful pure assets together with recent water, availability if land, its strategic location as gate method to ASEAN nations, improved connectivity within the foot-hills, availability of Hindi and English talking younger inhabitants with sound technical background, incentives supplied by state and central authorities and such different. He additionally identified among the precedence sectors with good funding potential resembling Agro-forest and Food Processing Industry, tourism, Power and renewable Energy, Textiles and handlooms, Pharmaceuticals, polymer-based industries and pure resource-based industries. On the behalf of the state authorities, it was assured that the state would offer all facilitation to the possible buyers.

Bagla welcomed this initiative and guaranteed assist of make investments India in channelizing investments to Arunachal Pradesh. He knowledgeable that Invest India would have a particular cell for Arunachal Pradesh for selling funding within the state and there might be a devoted funding web site for NER. He appreciated the social entrepreneurs meet organized by Government of Arunachal Pradesh and invited the state to hitch the on-line highway present deliberate by Invest India on 2nd December 2020. Invest India additionally recommended to work on model communication efforts and figuring out targeted investable initiatives.

The Ministry of DONER, Railways, Road Transport, Civil Aviation, Tourism, Food Processing industries, Textiles, Electronics and knowledge Technology, Agriculture, Fisheries, MSME, Power and APEDA gave detailed presentation and guaranteed all assist in selling funding in Arunachal Pradesh and expediting infrastructure creation which might be conducive for the companies.

Naresh Kumar, Chief Secretary gave a complete view on selling funding in Arunachal Pradesh and wish to determine industries on this area-wise largest state in NER with lengthy worldwide border. He knowledgeable that with targeted consideration of GOI and state, the communication infrastructure together with rail, highway and air connectivity has improved considerably and now the state is in a take-off stage to obtain investments in industrial sector.

He requested DPIIT to assist in additional constructing the capability of the state equipment, establish a data associate and begin engaged on low hanging fruits. He knowledgeable that by default state is natural and funding in meals processing sector resembling mini-food park, chilly chains and so forth. could be of immense worth. He additionally appealed that CPSUs might come ahead as anchor buyers on this space together with in Hydropower. He additionally highlighted efforts initiated to enhance air-connectivity together with activation of ALGs. While concluding that Arunachal now can-not wait to see industrialization he emphasised on establishing a multi-modal transport hub in Arunachal Pradesh.

Guruprasad Mohapatra, Secretary DPIIT, whereas concluding the assembly talked about that this assembly is held in pursuance of letter from Chief Minister of Arunachal Pradesh to Prime Minister. He appreciated the presentation from Arunachal Pradesh on selling funding and people from varied ministries of Government of India. It is the brand new starting and he assured full assist of DPIIT and authorities of India in creating industrial sector in Arunachal Pradesh.





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