HT Bureau
DIPHU, Feb 14: The Assam Advantage 2.0 Investment and Infrastructure Summit 2025 has begun yielding investment outcomes for Karbi Anglong, with a Kerala-based private firm signing an agreement to set up an ethanol production unit in West Karbi Anglong.
An MoU and MoA were signed on Friday between West Coast Concrete Products of Kerala and the Assam Hills Small Industries Development Corporation Ltd. (AHSIDC) under the Hill Areas Development Department for establishing a plant at Mailoo.
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The agreements were formally signed at the AHSIDC industrial complex in Manja between Beena Thomas, managing director of M/s Karbi Hills Processors Pvt Ltd.—the designated company name for the Mailoo project—and AHSIDC managing director Dhansing Lekthe.
The signing was witnessed by AHSIDC chairman Ratan Teron, vice-chairman Arun Terang, MLA Bidyasing Engleng, and additional secretary Protima Rongpipi, among others.
Officials said the Kerala investor plans to invest around Rs 20 crore in the project.
About 20 bighas of land at a defunct sugar mill owned by AHSIDC at Mailoo have been allotted to the company for the venture.
Beena Thomas said the company explored investment opportunities in Karbi Anglong after interacting with AHSIDC officials and local leaders during the Assam Advantage summit in Guwahati.
She added that the firm’s primary objective is to establish an ethanol plant, but as the State’s ethanol production policy is set to expire in March 2026, the company will initially begin manufacturing polypropylene woven bags and tarpaulin until a new policy is introduced.
Thomas also informed that Aidan Jaisan is a director of the company.
AHSIDC managing director Dhansing Lekthe said several investors had shown interest in the corporation’s industrial assets during the Assam Advantage summit, including businessman Jaison Varghese, who later visited Karbi Anglong and selected the Mailoo site for the project.
He said the AHSIDC Land Advisory Committee allotted about 22.5 bighas of land at the defunct sugar mill for the investment.
Lekthe described the agreement as a historic step for AHSIDC and credited the State government’s investment summit initiative for bringing Karbi Anglong into the industrial spotlight.
AHSIDC chairman Ratan Teron also said the summit helped showcase business opportunities in the district and expressed hope that the investment would boost local industrial growth.
The MoU signing ceremony was attended by district industries officials, AHSIDC board members, and other stakeholders.
