Thaindian News

Guwahati, March 8 (IANS) Top corporate honchos of India are expected to attend Tuesday an investment summit here aimed at exploring opportunities for business in developing rural infrastructure, agriculture and setting up power plants, IT parks and bio-diesel facilities in Assam.
Among those who are likely to attend the meet are Tata Sons chairman Ratan Tata, Eveready Industries chairman B.M. Khaitan, Bharti Group chairman Sunil Mittal, Mahindra and Mahindra chirman Ananda Mahindra, Videocon Group chief V.N. Dhoot, Piramal Healthcare chairman Swati Piramal, and M.S. Banga, president of Unilever (Home and Personal Care).

They would be taking part in the first board meeting of the newly floated Assam Investment Advisory Board.

“Our target is to get investments to the tune of Rs.100,000 crore over the next five years and the expected outcome would significantly impact on the state’s social, economic, and enviromental indices like generating employment, higher growth rate, increase in income, besides green accounting and forest,” Industry Minister Pradyut Bordoloi said.

The board meeting is expected to evaluate and approve the investment strategy, define investment policies and guidelines and create a framework for reviewing and monitoring progress on agreed investment objectives.

“We are greatly enthused by the response from the entire top brass of India’s industry and hope the meeting would give a boost to the state’s economy as a whole,” the minister said.