Is Madhya Pradesh Pursuing a Strategic Trade Partnership with Assam?
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Synopsis
Madhya Pradesh is making significant strides towards establishing a robust trade partnership with Assam, as highlighted by CM Mohan Yadav's recent visit to Guwahati. This collaboration aims to leverage the strengths of both states to unlock new economic opportunities, fostering growth and development in multiple sectors.
Key Takeaways
- Madhya Pradesh seeks a strategic trade partnership with Assam.
- Focus on multi-sector collaboration including petrochemicals, tea, and tourism.
- New industry policy offers substantial incentives for investors.
- Direct flight proposal aims to enhance connectivity.
- Efforts to learn from Assam’s experience in wildlife management.
Guwahati/Bhopal, Oct 5 (NationPress) Madhya Pradesh is keen on establishing a multi-faceted trade alliance with Assam, as revealed by Chief Minister Dr. Mohan Yadav during his trip to Guwahati.
While addressing investors from the northeast, Chief Minister Yadav shared a vision for collaboration in sectors such as petrochemicals, tea, wellness, cement, tourism, pharmaceuticals, and eco-development.
“Assam's expertise in tea, bamboo, and elephant conservation can provide invaluable insights for Madhya Pradesh,” stated CM Yadav.
“We are looking into joint ventures in cement, real estate, steel, logistics, and modern construction. Our nine tiger reserves can gain from Assam’s knowledge in managing elephants at Kaziranga, and we are receptive to animal exchange programs to enhance wildlife conservation, akin to our recent efforts in translocating extinct species like the Cheetah.”
Additionally, the Chief Minister highlighted the opportunities for collaboration in handicrafts, silk production, and bamboo cultivation. With both states generating bamboo in large quantities, he proposed utilizing Assam’s Bamboo Council to propel agro-industrial growth in Madhya Pradesh.
A direct flight connecting Bhopal and Guwahati was also proposed to improve connectivity and promote trade, tourism, and cultural exchanges.
In a significant development, CM Mohan Yadav announced Madhya Pradesh’s new industry policy, aimed at attracting substantial investments and fostering labor-intensive sectors.
Key highlights include a Rs 30 crore subsidy for those investing in hospitals or hotels with a minimum outlay of Rs 100 crore, and a Rs 5,000 grant per worker for labor-intensive industries to spur employment and inclusive growth.
“These incentives illustrate our dedication to positioning Madhya Pradesh as a preferred hub for both national and international investors,” CM Yadav remarked.
“We are committed to cluster-based development, efficient approvals, and sustainable industrial growth.”
The investment session in Guwahati saw participation from industrialists hailing from Assam, Meghalaya, Tripura, and Bhutan.
Assam’s industrial landscapes—from petrochemical facilities in Dibrugarh to tea plantations in Tinsukia—present complementary strengths to Madhya Pradesh’s infrastructure and investor-friendly environment.
With this initiative, Madhya Pradesh aims to construct lasting economic connections with the Northeast, facilitating mutual growth, job creation, and innovation.
This endeavor is anticipated to unveil new prospects in trade, tourism, and sustainable development across both areas.
Point of View
The pursuit of a trade partnership between Madhya Pradesh and Assam represents a significant step towards regional economic integration. This initiative not only aims to bolster local economies but also emphasizes the importance of collaboration across diverse sectors, fostering a spirit of shared growth and innovation that can benefit the entire nation.
NationPress
06/10/2025
Frequently Asked Questions
What sectors are being targeted for the partnership?
The partnership focuses on various sectors including petrochemicals, tea, wellness, cement, tourism, pharmaceuticals, and eco-development.
What incentives are being offered to investors?
Investors can benefit from a Rs 30 crore subsidy for establishing hospitals or hotels with a minimum investment of Rs 100 crore, alongside a Rs 5,000 per worker grant for labor-intensive industries.
How will this partnership benefit wildlife conservation?
Madhya Pradesh aims to learn from Assam's experience in elephant conservation and may explore animal exchange programs to enhance wildlife conservation efforts.
Is there a plan for improving connectivity between the two states?
Yes, a direct flight from Bhopal to Guwahati has been proposed to facilitate trade, tourism, and cultural exchange.
Who attended the investment session in Guwahati?
The investment session was attended by industrialists from Assam, Meghalaya, Tripura, and Bhutan.
