CII welcomes industrial policy for Assam

The Confederation of Indian Industry (CII) has welcomed the new state industrial policy for Assam, announced by the state government on Saturday.

"This policy is in the right direction with an inclusive agenda that supplements and addresses the gaps in the other policies applicable in the state. As anticipated, the new policy has laid out a very pro-growth and industrial development oriented approach. Focus has been equally strong for both manufacturing and service sector industry and this is a welcome step towards the overall approach of the state government," said Abhijit Barooah, co-chairman of Confederation of Indian Industry's (CII) North-East council.He said the new policy was aimed at promoting the strengths and competencies of the local industry.

"The existing and potential industrial demography of the North-East was essentially the micro, small and medium enterprise (MSME) sector and the new policy has laid exceptional prominence to the MSME sector, with enhanced benefits to the micro, small and medium sector," he added.