SPIEF: Chandra Mohan Patowary hard sells Assam as an investment destination

GUWAHATI: Assam industry minister Chandra Mohan Patowary today pushed Assam as an investment destination in ongoing St. Petersburg International Economic Forum (SPIEF) at Russia.

Patowary said, “When you think investments, think of Assam.” Addressing the 'State Showcase – Assam Session', the minister informed that so far the state has recorded Rs 6,500 crore of investment in last one year generating over 40,000 employments - directly and indirectly. Big industries like Dabur, Hindustan Lever, Patanjali have invested in Assam.

The minister underlined the healthy industrial ecosystem prevailing in the state and highlighted the strategic locational advantage of Assam as the centre of South-East Asian market. He deliberated at length on the business opportunities and possibilities in sectors like sugar, plastic, jute, food processing, and energy.

SPIEF-2017, which is being held from 1-4 June, 2017 is a Global Economic Forum in the world of business and economics. This time, Prime Minster Narendra Modi is the Chief Guest at SPIEF-2017.

Patowary has represented the State in the Forum while Commissioner & Secretary of Industries & Commerce Ashutosh Agnihotri has also accompanied him. Emphasis was laid on Assam as an investment destination and manufacturing hub for trading with South East Asia and ASEAN in line with the Government of India’s Act East Policy.

The St. Petersburg International Economic Forum - 2017 has witnessed huge participation- representatives from 133 countries, including heads of states and government from emerging economies, heads of major corporations, and the world’s leading experts in the fields of science and civil society.