• Assam emerges as a top investment hub with new business initiatives, says CM Sarma

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    Assam emerges as a top investment hub with new business initiatives, says CM Sarma
    Sarma noted that Assam's tailored industrial policies and proactive engagement with industries are driving its success...

    Digital Desk: Assam Chief Minister Himanta Biswa Sarma announced on Thursday that Assam is emerging as a top investment destination due to its investor-friendly policies and customized industrial strategy. Sarma praised the state's progress in transforming its business environment, underscoring its commitment to industrial growth.

    In a social media update, Sarma noted that Assam's tailored industrial policies and proactive engagement with industries are driving its success. Key initiatives include the implementation of a Single Window System to streamline business processes and the launch of an enhanced Ease of Doing Business (EoDB) portal, which now offers 241 services. A significant milestone is the recent investment in a $27,000 crore Tata Semiconductor Plant in Jagiroad.

    Assam has also moved up to the Aspirers category in the Business Reform Action Plan (BRAP) rankings and introduced the Assam Reforms in Public Service Delivery (ARTPS) Amendment Bill, 2024, aimed at improving public service efficiency. Additionally, the state has strengthened sector-specific policies and support for startups, reinforcing its position as a growing business hub.

    These advancements reflect Assam's strategic focus on creating a conducive environment for investment and business development, reinforcing its status as a preferred destination for investors.