Northeast India’s Only English and Hindi Satellite News Channel

Meghalaya signs MoU with Invest India to boost trade

First Published: 30th July, 2021 21:49 IST

Meghalaya State Investment Promotion Society (MSIP) on Friday signed an MoU with Invest India of the Ministry of Commerce and Industry to boost trade and industries in the state. The

Meghalaya State Investment Promotion Society (MSIP) on Friday signed an MoU with Invest India of the Ministry of Commerce and Industry to boost trade and industries in the state.

The objective of the MoU is to leverage investment opportunities in key development sectors to boost trade and industries in the state, Chief Minister Conrad K Sangma said after the agreement was inked in New Delhi.

“The targets will be focussed on both short term and long term plans. This will enhance the entrepreneurial system in the state while also focussing on promoting one product-one district programme,” the chief minister said.

He also stressed on promoting trade ties with neighbouring countries by formalising the existing system.

“Invest India team will support in planning the global value chain. The immediate target will be in promoting start-ups alongside value addition of products like Lakadong turmeric, Eri silk, mushroom, pineapple, and jackfruit,” Sangma said.

D. Bagla, Managing Director and CEO, Invest India, said they have already started their works through their Northeast desk. PTI

COMMENTS

WE RECOMMEND

Banner
LS Polls 2024: Battle of 2 regional forces- RDA and VPP in Shillong parliamentary seat

While RDA has fielded Robert June Kharjahrin from the seat, Ricky A J Syngkon will be in the fray for the Voice of the People's Party (VPP)

18th March 2024
Banner
Lok Sabha Polls: Meghalaya Election Dept ready with Turnout Implementation Plan (TIP)

The Meghalaya Election Department has put special emphasis on the TIP so that there is maximum participation of voters in the biggest festival of democracy

17th March 2024
Banner
Centre releases over Rs 786 cr for JJM works in Meghalaya

“This contribution boosts our endeavor to provide safe and adequate drinking water to every household”, Conrad said.

16th March 2024
Banner
11 ticket aspirants for BJP in Meghalaya’s 2 LS seats, party says ready to fight polls

Meghalaya BJP president Rikman G Momin refused to divulge the names of the ticket aspirants officially

15th March 2024
Banner
After a short stint with TMC, Lazarus Sangma back to Congress

Lazarus Sangma was welcomed to the party by Meghalaya Congress Working President, Deborah C Marak and Congress LS candidate Saleng A Sangma

15th March 2024