Indian automaker Mahindra & Mahindra (M&M) plans to set up one manufacturing plant in Assam. If they set up, M&M will be the first automobile manufacturing company in the country to manufacture vehicle in that state.
Assam's Chief Minister Sarbananda Sonowal discussed this plan with Commerce Minister Chandra Mohan Patowary and senior officials.
An official statement said, "Citing examples indicating a positive trend in the economic sector of the state, the Chief Minister said Baba Ramdev is going to invest in a big way to set up his successful business module in the state and a major player like Dabur has also decided to establish a manufacturing plant for their different products in the state.
"Automobile major Mahindra & Mahindra has also expressed interest in setting up a vehicle manufacturing plant in the state which can give a huge fillip to the employment scenario of the state."
Along with M&M, Patanjali Yogpeeth and FMCG firm Dabur also have decided to invest in Assam. The Bodoland Territorial Council Authority had allotted 484.93 hectares of land to Patanjali Yogpeeth.
This allotted land is for the establishment of Cow and Panchagavya Research for preservation and promotion of cow breeds and training and collection of medicinal plants.