AIZAWL, May 31: Mizoram organised its first ever industry summit to harness the resources of the state in a bid to woo investors to set up projects in the industry-starved northeastern state. Addressing the summit, state Industries Minister S. Hiato said, “Mizoram, one of the most peaceful states in northeastern India, is blessed with natural resources which are still under-utilised.”
He stressed the need to harness the industrial potential of the state for boosting the economy of the mountainous state. “Mizoram has an excellent climate for investment coupled with central government schemes for industrial promotion such as transport and capital subsidy, central excise and income tax exemption. Investors and industrial houses can take all those scopes and benefits,” the minister stated.
According to an official document of the Mizoram government, the northeastern state has a potential to generate 3,500 MW hydel power from its rivers. Currently, Mizoram has no major or medium-scale industry.
Read more at source: The Assam Tribune
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