25 C
Guwahati
Monday, November 11, 2024

Assam emerges as leading investment destination with new business initiatives

He informed that the state is experiencing notable progress in its business environment, which demonstrates the government's dedication to promoting industrial development.

- Advertisement -
- Advertisement -

HT Digital

GUWAHATI, Aug 9: Assam has swiftly positioning itself as a preferred destination for investment, owing to its investor-centric initiatives and a customized industrial policy, Chief Minister Himanta Biswa Sarma announced on Thursday.

- Advertisement -

He informed that the state is experiencing notable progress in its business environment, which demonstrates the government’s dedication to promoting industrial development.

Taking to the micro-blogging site X, the Chief Minister highlighted the state’s efforts to enhance its industrial landscape.

He wrote, “With investor-friendly initiatives and a customized industrial policy, Assam is fast becoming a preferred investment destination and recent developments back our intent. We are constantly engaging with industries to further develop the industrial ecosystem in Assam.”

Several strategic initiatives have been taken for Assam’s advancement: the establishment of a Single Window System to enhance business operations, the introduction of an improved Ease of Doing Business (EoDB) portal providing 241 services, and the attraction of significant investments, such as the $27,000 crore Tata Semiconductor Plant located in Jagiroad.

- Advertisement -

Additionally, the state has progressed to the Aspirers category within the Business Reform Action Plan (BRAP) rankings and has proposed the Assam Reforms in Public Service Delivery (ARTPS) Amendment Bill, 2024, which seeks to improve the efficiency of public services.

Furthermore, the enhancement of sector-specific policies and support for startups has reinforced Assam’s status as an emerging business center.

- Advertisement -
The Hills Times
The Hills Timeshttps://thehillstimes.in
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
Latest news
- Advertisement -
Related news
- Advertisement -
10 Places In Kashmir Where You Can See Snow This Winter 8 High-Protein Low-Calorie Vegetarian Dinner 7 Scenic Bike Journey With Friends In Arunachal Pradesh Top 10 Most Expensive Schools In India 8 Most Happiest Animals In The World