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    Assam To Woo Companies Keen To Move From China

    Assam Transport, Industries and Commerce Minister Chandra Mohan Patowary said that the government is in touch with the DPIIT and JETRO for setting up of a Japanese Industrial Township in Assam to attract investment from Japanese industries

    Assam is chalking out an aggressive strategy to woo the companies intending to either shift from China or setting up a new manufacturing facility in India.

    Following the coronavirus pandemic, a number of US, Japanese, Korean and so on are proposing to shift their plants from China or set up additional manufacturing facilities to other locations in South Asia.

    To woo these companies, the Assam government has taken up with the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, Invest India, Japan External Trade Organisation (JETRO), US-India Business Council and US Chamber of Commerce to facilitate and advise those companies to set up their production facilities in Assam.

    “It is going around that many American, Japanese and Korean companies are contemplating to shift their production facilities from China to India. The Assam government is in touch with DPIIT to facilitate the setting up the production facilities of such companies in Assam,” said Assam Transport, Industries and Commerce Minister Chandra Mohan Patowary. 

    He added, “The State has a strategic locational advantage, vast natural resources, robust industrial infrastructure and reliable connectivity to host the companies planning to exit China.”

    The Minister also said that the government is in touch with the DPIIT and JETRO for setting up of a Japanese Industrial Township in Assam to attract investment from Japanese industries.

    Photo credit: mg.caixin.com

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