New trade policy holds hope for industrial revolution in Northeast

Assam to set up five industrial parks; industry awaits new policy

The Northeast is awaiting its own industrial revolution, as a new policy to promote investment in the region is in the making. A NITI Aayog-led committee is framing a new policy — North East Industrial and Investment Promotion Policy (NEIIPP) — for the region. The current policy expires on March 31. 

Assam, the largest among the ‘Eight Sisters’ — as the region is commonly referred to — is gearing up to set up industrial parks, which it believes would fuel investments in the state. Chandra Mohan Patowary, the state’s minister in charge of commerce & industries, transport and parliamentary affairs,