Arunachal Seeks Centre’s Assistance to attract investments

The Arunachal Pradesh government has sought the Centre’s assistance as the state looks to boost its industrial sector and generate employment opportunities, said officials on Friday.

In a letter to the Prime Minister Narendra Modi, Arunachal Chief Minister Pema Khandu has solicited the support of the Department of Promotion of Industry and Internal Trade (DPIIT) for attracting investments to the state.

The CM in the letter wrote, “The state government has accorded high priority to the development of industry, which in turn would increase economic activities and create jobs.”

A marathon virtual meeting was subsequently arranged during the day between state and central government officials, in which representatives from Arunachal Pradesh underlined the key strengths of its industrial sector to DPIIT Secretary Guruprasad Mohapatra, reported PTI.

Planning and Investment Commissioner Prashant Lokhande gave a detailed presentation on the state’s investment opportunities, with a focus on the availability of land, improved connectivity, and abundant natural resources.

He pointed out some of the priority sectors such as the agro-forest and food processing industry, tourism, power, and renewable energy, have good investment potential, and asserted that the state would provide all possible facilities to the prospective investors.

Bagla, during the meeting, assured support to the officials, and said his agency would create a special cell for promoting investment in Arunachal Pradesh.

Invest India will also launch a dedicated website to highlight opportunities in the northeast, he said. Stressing that the state’s food processing sector, if put to use for creating mini food parks and cold chains, would turn out to be of immense value, Chief Secretary Naresh Kumar urged the central public sector undertakings (CPSUs) to aid Arunachal as anchor investors.

You might also like