Begin typing your search above and press return to search.

Plan to set up Japanese industrial township in State

By The Assam Tribune

NEW DELHI, Aug 6 - India is planning to set up the 13th Japanese industrial township in Assam, a move aimed at promoting domestic manufacturing and strengthening economic ties between the two countries, a top government official said on Thursday.

Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said they are working on a Geographic Information System-enabled data base of industrial areas and clusters across the country.

�In terms of infrastructure, India has 12 Japanese industrial townships across nine states, a 13th is being planned in Assam. These are integrated industrial parks with ready to move in infrastructure facilities, with world-class infrastructure, plug and play factories, pre-approved licences and investment incentives exclusively for Japanese companies,� he said.

The secretary was speaking at the Invest India Exclusive Investment Forum - Japan Edition, through video conference.

He also said a fast track system is being worked out with the objective to identify and solve problems faced by Japanese companies and investors with their operations in India in an effective and time bound manner.

India, Mohapatra said, is removing regulatory compliances like zero liquid discharge to encourage investments in sectors like semiconductors.

�In this regard, we are holding a high level meeting on August 13 to review and discuss the way forward on India�s zero level discharge policy,� he added.

The secretary hoped that by April 2021, an investment clearance cell to provide facilitation and support to business on one stop digital platform would be launched. � PTI

Next Story