India plans 13th Japanese industrial townships in Assam
To promote domestic manufacturing and strengthening economic ties between the two countries, India has decided to set up the 13th Japanese industrial township in Assam. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra informed that the government is working on a Geographic Information System-enabled database of industrial areas and clusters across the country. In terms of infrastructure, India has 12 Japanese industrial townships across nine states and a 13th is being planned. These are integrated industrial parks with ready to move in infrastructure facilities, with world-class infrastructure, plug-and-play factories, pre-approved licences and investment incentives for the Japanese companies. A fast track system is being worked out with the objective to identify and solve problems faced by the Japanese companies and the investors with their operations in India in an effective and time-bound manner. India is removing regulatory compliances like zero liquid discharge to encourage investments in sectors like semiconductors.
📅Published on:
10 August 2020
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