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Arunachal Pradesh State Industrial Policy 2009

PREAMBLE:

Arunachal Pradesh, the largest in area amongst the Northeastern States of India, is endowed with plenty of natural resources, which needs to be converted into goods and services for the development of the State and its people. At present, the industrial growth in the State is dismal and at a nascent stage despite enormous potential for industrial growth.

Further, the Government of India has given tremendous thrust on the “Look East Policy” which itself calls for greater infrastructure for industries and trade. The North Eastern Industrial Investment & Promotion Policy-2007 (NEIIPP-2007) has been formulated by the Ministry of Commerce and industry, Government of India for industrialization and proper development of North-Eastern Region.

Arunachal Pradesh with its huge hydropower potential of over 57,000 MW, which is being developed in a phased manner, will soon have surplus power to feed power intensive industrial units.

Therefore, the State Government of Arunachal Pradesh felt the need of reviewing the State Industrial Policy, 2001 in order to make it investor-friendly and to facilitate optimum utilization to locally available raw materials by encouraging setting up of appropriate industrial units for value addition. The Policy also aims to provide industry access to high quality infrastructure, extending institutional support for technology up-gradation, de-regulating the business environment for an efficient, pro-active and transparent administrative frame-work and catalyzing the entrepreneurial as well s creative capabilities of the human resources.

Accordingly, after due deliberations and taking into consideration all issues relating to investments and industrial growth in the State, the Industrial Policy, 2008 of Arunachal Pradesh has been formulated.

The prospective investors and entrepreneurs will find this policy attractive enough to select Arunachal Pradesh as their most attractive investment destination.

Arunachal Pradesh State Industrial Policy 2009

Arunachal Pradesh State Industrial Policy 2009

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