Assam Cabinet Greenlights Rs 300 Crore Investment by Welspun Group
Cabinet Approves Major Investment in Rangia
Himanta Biswa Sarma with ministers at the Cabinet meeting on Friday (Photo: @CMOfficeAssam / X)
Guwahati, Oct 23: The Assam Cabinet has given the green light to a significant investment proposal from the Welspun Group, which is recognized for its Sintex brand. This initiative involves setting up an industrial unit in Rangia, with an estimated investment of Rs 300 crore, anticipated to create approximately 300 job opportunities.
Chief Minister Himanta Biswa Sarma shared this development during a press conference held at Lok Sewa Bhawan after the Cabinet meeting on Friday.
“The Cabinet has sanctioned the investment proposal from the Welspun Group to establish a Rs 300 crore industry in Rangia, which is expected to provide employment for around 300 individuals,” Sarma stated.
Additionally, the Cabinet approved necessary amendments concerning the investment proposal, facilitating the establishment of the industrial project in the region.
In another significant move, the Cabinet also sanctioned the election regulations for the Mising Autonomous Council and the Sonowal Kachari Autonomous Council, setting the stage for elections in both councils scheduled for November.
Sarma mentioned that the government has instructed the State Election Commission to oversee the elections.
“The Cabinet has ratified the election rules for both the Mising Autonomous Council and the Sonowal Kachari Autonomous Council. We have directed the State Election Commission to conduct the elections in November,” the Chief Minister added.
This approval is expected to streamline the electoral process for the two autonomous councils.