[Assam] Rs 30000 crore investment in Assam
Pradip Kumar Datta
pradip200 at yahoo.com
Fri Sep 29 04:06:03 EDT 2006
Gogoi courts industry giants
- Rs 30000 crore investment in Assam A STAFF REPORTER Guwahati, Sept. 28: Chief minister Tarun Gogoi today returned from a business summit in Mumbai with an assurance of a Rs 30,000- crore investment in the state by top corporate houses.
Leading industrial groups like Tata, Reliance, Infrastructure Leasing and Financial Services (IL&FS) and Videocon have evinced interest in the state during the two-day conclave organised by the state government to promote Assams investment potential to industry captains, Gogoi told mediapersons at a news conference today.
He said Reliance has agreed on a joint venture with the state government to set up a plant to extract bio-diesel from jatropha, in addition to making a huge investment in the rural sector.
Gogoi said he had detailed discussions with Mukesh Ambani on the rural projects. This is one project which is close to my heart. My vision has always been to develop rural areas... only then we can achieve real development, said Gogoi.
Reliance is not new to Assam. It already owns an oil block near Tezpur, the chief minister added.
The Tatas have also lined up several projects for Assam, especially in the tourism sector, he said. The Tatas have agreed to set up a manufacturing plant for steel building materials, with an investment of around Rs 500 crore. The building materials made of steel and other metals are particularly suitable in earthquake-prone areas.
The Tatas will also build a medium-budget hotel in the state and consider the state governments proposal of setting up a five star hotel.
The group has agreed to examine the investment potential in power sector as well.
The Tatas plan to set up a distribution centre of electronic goods and an institute for early detention of cancer.
IL&FS, which has been hired by the state government to prepare a city development plan for Guwahati, will also invest for the development of infrastructure in the city.
Videocon was another major group which showed keen interest in investing in the state.
Gogoi said he would soon set up an advisory council with experts from various fields to guide the state in its investment hunt. The chief ministers office will periodically monitor the action being taken by the various government organisations to take the positive beginning to its logical conclusion, he added.
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