Assam government signs MoUs, expected investments Rs 8,200 Cr.

Bongaigaon Times: 10 May 2023: Assam:

The Government of Assam signed a Memorandum of Understanding with 10 leading companies expecting investments worth Rs 8200 crores in the state.

The event was organized as part of the 2-year anniversary celebrations of the CM Himanta Biswa Sarma-led government in Assam.

Speaking on the occasion. The CM Mr. Hemanta Biswa Sharma said “Our flourishing economy takes yet another stride on the eve of State Govt’s 2 anniversary. These efforts will bring investment worth Rs 8,200 cr and create 6,100 jobs. Many more in the pipeline. Thank you all for reposing faith in Assam’s growth story”.

He also added “Assam has stepped into a new era of investment. A few changes in industrial and investment policy have wooed prospective investors. No agitation, no dharna, and no bandh in the past two years have created an investment-friendly atmosphere in the state. It has made investors evince interest in investing in the state. We have converted 118 criminal penal provisions to civil penal provisions so as to lessen harassment in the industrial sector.” 

The companies that signed MoUs are –

*PepsiCo India,
*Varun Beverages,
*Calcom Cement India,
*Star Cement NE Ltd,
*Century Float Glass Ltd,
*Taj Cement Manufacturing Pvt. Limited,
*Star Cement India Limited,
*DS Group &
*Centre for Perishable Cargo (Adani Groups)


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Paromita Bhattacharjee
Bongaigaon Times