Assam to hold first global investors summit in February

YarnsandFibers News Bureau 2017-12-14 11:00:00 – Guhawati

Assam will host its first global investors summit to showcase its manufacturing prowess and the opportunities and geostrategic advantages offered in terms of export oriented manufacturing and services to growing economies like ASEAN and South East Asian countries and domestic investors, said chief minister Sarbananda Sonowal.

Industrialists Ratan Tata and Mukesh Ambani will be amongst those participating in the 'Advantage Assam: Global Investors Summit 2018', which will be inaugurated by Prime Minister Narendra Modi.

The chief minister has had one-to-one meetings with also other top industrialists, Kishore Biyani, Gautam Singhania, Harsh Mariwala and Subhash Chandra and invited them to invest in Assam.

The summit aims at highlighting Assam's geostrategic advantages and core competencies in different sectors and policy initiatives taken by the state government.

Sonowal said that the prime minister's special focus for the development of the Northeast and his multiple initiatives for the region will be the basis for the success of the summit. The state has identified a number of focus sectors, including textile, handloom and handicrafts, agriculture and various other sectors.

As a precursor to the main event, roadshows are being organised at various domestic and international locations to invite investors to the summit and also showcase the business potential and investment opportunities in the state.

Hrishikesh Goswami, media advisor to the chief minister said that roadshows held in Delhi, Kolkata, Mumbai, Toronto, Sanfrancisco, New York, Tokyo, Seoul and Singapore have already generated very positive response from the investors. Very aptly, 'India's Expressway to ASEAN' has been chosen as the tagline of the summit.

The government is planning a roadshow in Bangalore on December 19. This will be preceded by a diplomats' meet in New Delhi on December 15.

The global investors summit will be held on 3 and 4 Feb 2018 is expected to attract a number of international business delegations apart from domestic investors. Around 2,000 industry leaders and representatives from India and abroad are expected to participate.

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