GUWAHATI: Post the Coronavirus pandemic which originated in China, many Multi National Companies (MNCs) are seeking to move their manufacturing base from China to India.
Addressing a press conference, Assam Minister of Industry and Commerce Chandra Mohan Patowary said that many American, Japanese and Korean companies are contemplating to shift their production facilities from China to India.
To woo these companies, Assam Government has taken up with Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, Invest India, Japan External Trade Organization (JETRO), US-India Business Council and US Chamber of Commerce to facilitate and advise those companies to setup their production facilities in Assam as the State has strategic locational advantage, vast natural resources, robust industrial infrastructure and reliable connectivity.
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Meanwhile, Industries and Commerce Department is also in touch with DPIIT and JETRO for setting up of a Japanese Industrial Township in Assam to attract investment from Japanese industries.
The Industries and Commerce Department has also engaged Ernst & Young (EY) to study and assess the impact of lockdown on the industrial sector in Assam and suggest policy framework to attract industries which are planning to move out of China.