Industry minister Chandra Mohan Patowari said this on Friday.
He added that the unused land of the closed public sector undertakings would also be pulled back to the Land Bank for fresh allotment to new industrial units.
The decision assumes significance as the erstwhile Congress government in Assam, which was in power for 15 years, allotted land to many industrial units.
But there was no activity on most of these lands even after 15 years.
The Minister said the government had created a Land Bank and that there was close to 700 acres of developed land available in the Bank for allotment to investors.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.