Meghalaya's Chief Minister predicts ₹8,000 crore private investments this fiscal year due to a new industrial policy.
Meghalaya's Chief Minister, Conrad K Sangma, predicts the state will attract private investments of ₹8,000 crore this fiscal year, largely due to a new industrial policy aimed at transforming Meghalaya into a $10 billion economy. The policy has led to a business-friendly environment, with ₹4,000 crore in investment secured last year, including a thermal power plant, ethanol plant, beverage manufacturing unit, and five-star hotel chain. The government is also working with Malaysian and Bangladeshi telecom companies to improve IT connectivity.
May 25, 2024
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