The Former cabinet minister and Chairman of the Meghalaya Industrial Development Corporation (MIDC), James PK Sangma, today said he would call on industries in Meghalaya to form a joint consultative industry forum (JCIF) to complement the state government’s efforts to strengthen industry and business links.
Through a press release, 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 full 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.”
Sangma emphasised that the forum will play a significant role in bringing business and investment to the state, thereby helping enhance GSDP, boosting the state’s potential in trade and generating employment.
Sangma has proposed that his younger brother and Chief Minister, Conrad K Sangma, head the forum with the MIDC as the nodal agency.