Guwahati: The Federation of Industries in Northeast Region (FINER) organized the 28th annual general meeting at Radisson Blue Hotel on May 11. FINER is the leading and oldest apex business association in Northeast, established in 1992 and headquartered in Guwahati.
"This meeting is conducted every year", president of FINER Bajrang Lohia told Business North East exclusively, adding that FINER has more than 300 members at present, ranging from Public Sector Undertakings (PSUs) to Micro and Medium Scale Industries (MSMEs). At the meeting, the gathered officials discussed last year's achievements and their future plans.
Praising Assam's Budget of 2024-2025, Lohia underlined that this year’s budget has been "very good". "We got a very good policy called the UNNATI policy which will result in lots of investments in Assam." In March, the government approved the Uttar Poorva Transformative Industrialization Scheme, 2024, with a budget of Rs 10037 crore to boost industrial growth and employment in the Northeast.
Under the scheme, investors will be incentivized to set up new units or expand existing ones, contributing to the region's industrial growth and economic prosperity.
They discussed industrial issues, and an upcoming global business summit that will take place in November. "A lot of investors will also come to that event. We have been discussing ways to improve our performance in the coming years", Lohia told BNE.
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