Export & Import - Exim Policy - Industrial Policy - States - Assam, India Finance & Investment Guide

Assam is the largest of the northeastern states of India. It has the best developed physical infrastructure among the north-eastern states. The work culture is good and as is the management-worker relations. Unfortunately the persistent law and order problems in the state has resulted in inadequate protection of industry. The level of urbanization is low and it is also one of the most corrupt state in the country. The state also has a power deficit of 19.38%.
Land area: 78,438 sq. km.
Population: 22.4 million
Capital: Dispur
Per Capita Income: Rs 5,999
Inflation Rate: 4.5%

Incentives:

90% subsidy (up to Rs 200,000) on the cost of feasibility studies for medium-scale units
100% subsidy (up to Rs 50,000) on the cost of feasibility studies for small-scale units
Investment subsidy of 30% (up to Rs 1,000,000) of capital investment
Power subsidy of 50% for units with connected loads up to 1 MW and 30% for 5 MW for 5 years
90% transport subsidy for procurement of raw materials up to the Siliguri rail-head
Sales tax exemption (up to 7 years) of 150% of fixed capital investment for small-scale units
Sales tax exemption (up to 7 years) of 100% of fixed capital investment for medium-scale units
5-year income tax holiday for new industrial units set up in the Northeast

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