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  • James calls for formation of industry forum

    Syllad | The Rising MeghalayaMay 9, 2023

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    Chairman of Meghalaya Industrial Development Corporation (MIDC) James P.K. Sangma on Tuesday said he would call on industries in Meghalaya for the formation of a Joint Consultative Industry Forum (JCIF) in the State to complement the Meghalaya Government’s efforts to strengthen industry and business links.

    Sangma said that the JCIF would help in identifying focus sectors and priority areas for economic and industrial development by way of involving all stakeholders, as well as addressing issues that would help Meghalaya reach its fullest economic potential.

    “In my recent meetings with industry bodies such as the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi, we discussed the potential for industrial development in Meghalaya and how it can aid in fulfilling the vision of making Meghalaya a $10 billion economy by 2028,” Sangma said.

    “As a first step, it is important that we have a forum of all industries with the Government so that a pathway forward can be identified in a collective manner. In our journey to bring economic development for the state, all of us need to be on the same page and this is a step to that effect,” he added.

    Sangma emphasized that the forum will play a significant role in bringing business and investment to the state, thereby helping enhance the Gross State Domestic Product (GSDP), which would boost the state’s potential in trade and employment generation.

    Earlier, on May 4, he had also written to Chief Minister Conrad K. Sangma on the same, requesting him to head the forum with MIDC as the nodal agency.

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