Meghalaya Industrial Investment Policy, Meghalaya IT/ITeS Promotion Policy, 2024 passed

Shilong : The cabinet today passed different agenda including Meghalaya Industrial Investment Policy, Meghalaya IT/ITeS Promotion Policy, 2024 and Creation of the Meghalaya Technology Parks. The industrial and investment promotion policy will be the new growth catalyst with a vision to empower Meghalaya’s economic landscape to foster industrial development, harness local potential, and create a vibrant business hub to contribute towards the overall holistic growth. In light of the new industrial policy of the Government of India, our policy aligns with the new policy so that incentives can be leveraged.

CM Conrad K Sangma wrote on social media, Meghalaya IT/IT enabled services Promotion Policy 2024 will provide an environment which will attract investors to the State of Meghalaya and generate employment for the citizens of the State. The creation of Technology Parks Society will enable the Government to professionally plan, develop, establish, promote, operate and manage the Technology Parks in the State. It will also promote the State as a preferred investment destination for ICT and electronics units in order to generate employment opportunities. The tender for establishment for Tura IT Park has been issued.