In a significant push to bolster the industrial sector in Assam, the Central Government has approved the establishment of three industrial parks in Tingkhong, Tamulpur, and Karimganj under the Micro, Small and Medium Enterprises scheme.
The industrial park in Tingkhong will be established at a cost of ₹25.01 cr, with the Central Government providing ₹13.50 crore and the State Government infusing ₹11.51 cr. On the other hand, the Kumarikata industrial park in Tamulpur will be developed at a cost of ₹21.65 cr, with ₹13.50 cr funded by the Central Government and the State Government investing ₹8.15 crore. A total investment of ₹18.74 cr will be pumped in for the Sephinjuri project in Karimganj, with the Central and State Governments contributing ₹13.50 cr and ₹5.24 cr respectively.
These projects are expected to foster industrial growth and create employment opportunities in the State. It will also develop the local economy and uplift the marginalised sections of society by providing them with jobs to support their livelihoods.
