Key strengths, location advantage highlighted as ‘commercially-viable factors’

 

ITANAGAR, Nov 5: With the objective of chalking out strategies in realising the goals of 'Arunachal Pradesh Industrial Policy' released in February this year by Union Home Minister Amit Shah, Secretary, Department of Promotion of Industry and Internal Trade (DPIIT) today conducted a marathon meeting which was attended by Chief Secretary Naresh Kumar, CEO of Invest India Deepak Bagla and officials from 13 Central ministries and the state government.
Commissioner (Planning and Investment) Prashant Lokhande while giving a detailed presentation on investment opportunities in Arunachal Pradesh, highlighted the state’s key strengths such as peace, abundance of natural resources including fresh water, availability of land,  strategic location as the gateway to ASEAN countries, improved connectivity in foothills, availability of Hindi and English speaking young population with sound technical background, incentives provided by State and Central governments and others. He also pointed out some of the priority sectors with good investment potential such as agro-forestry and food processing, tourism, power and renewable energy, textiles and handlooms, pharmaceuticals, polymer-based and natural resource-based industries. On behalf of GoAP, it was assured that the state will provide all facilities to the prospective investors. 
The Chief Secretary gave a comprehensive view on promoting investment in Arunachal Pradesh and highlighted the need of establishing industries in the state which is geographically the largest state in the NE with a long international border. He informed that with focused attention of GoI and the state, communication infrastructure including rail, road and air connectivity has improved significantly and now the state is in a take-off stage to receive investments. While requesting the DPIIT to help the state in building the capacity of its machinery, identifying a suitable knowledge partner and start working on low hanging fruits, the CS informed that by default the state has the ‘organic’ culture and investment in food processing sector such as mini-food parks, cold chains etc. would be of immense commercial value. He also appealed to the CPSUs to come forward as anchor investors in this sector including hydropower and highlighted the efforts initiated to improve air-connectivity including activation of ALGs. While concluding that Arunachal now cannot wait to see industrialization, he emphasized on the need for establishing a multi-modal transport hub in the state.
CEO of Invest India Deepak Bagla assured the support of Invest India in channelizing investments to Arunachal Pradesh and informed that a Special Cell for the state for promoting investment will be formed along with a dedicated investment website for the NER. Appreciating the social entrepreneurs’ meet organized by the state government, he also invited the state to join the online road show planned by Invest India on December 2 next.
The Ministries of DoNER, Railways, Road Transport, Civil Aviation, Tourism, Food Processing industries, Textiles, Electronics and Information Technology, Agriculture, Fisheries, MSME, Power and APEDA gave detailed presentations and assured all support in promoting investment in Arunachal Pradesh and in expediting infrastructure creation necessary for the businesses to thrive. Secretary DPIIT Guruprasad Mohapatra appreciated the presentation made by the state in the meeting and those from various Central ministries.
It can be recalled that to take the agenda of industrialisation forward, Chief Minister Pema Khandu wrote to the Prime Minister seeking support from the DPIIT and today’s meeting was in pursuance of the same. As a part of the ongoing efforts, the state has also initiated efforts to improve its ranking under the 'Ease of Doing Business' parameter. CMO

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Kenter Joya Riba

(Managing Editor)
      She is a graduate in Science with post graduation in Sociology from University of Pune. She has been in the media industry for nearly a decade. Before turning to print business, she has been associated with radio and television.
Email: kenterjoyaz@easternsentinel.in / editoreasternsentinel@gmail.com
Phone: 0360-2212313

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