Patanjali, Dabur and Mahindra have decided to invest in Assam in the near future. Auto major Mahindra has expressed interest in setting up a manufacturing facility in the State. Chief Minister Sarbananda Sonowal discussed these investment proposals at a meeting held with State Industry and Commerce Minister Chandra Mohan Patowary and senior officials.
CM Sonowal is of the opinion that to attract investors to the State, the tax regime has to be adopted working around the new GST regime. ‘We must send a signal to industrialists and prospective investors that the government is very serious in providing business friendly environment in the State for business and commerce to flourish,’ added Sonowal.
Chief Minister said that the government would try to take advantage of the special provision for Himalayan states under GST regime. ‘As Northeast India and Jammu and Kashmir fall under special category states, there must be ways to provide certain exemptions to investors in the tax structure so that they feel attracted to come here,’ said the CM. He also said that he would take up the matter with Prime Minister Narendra Modi.