Monday, October 3, 2022

State seeks UNIDO support for industrial development

State government has officially written to the United Nations Industrial Development Organization (UNIDO) seeking assistance and support for inclusive and sustainable industrial development in the State.
UNIDO is a specialized agency of the United Nations with a unique mandate to promote and accelerate sustainable industrial and economic development.
With the aim to spur industrial development and growth in Nagaland, advisor industries and commerce (I&C), Imnatiba met the country representatives of UNIDO in New Delhi on August 17, 2022. In a press release, Nagaland House New Delhi, PRO (IPR) Kuolie Mere said that the meeting addressed the need to foster industrial development in Nagaland, leveraging the State’s unique resources and human capital.
Imnatiba said Nagaland presents a unique set of challenges and opportunities in terms of growth of trade, commerce, and industry, owing to historical geo-political limitations and limited manufacturing capacities.
He, however, said that the state government was committed to the immense potential of the State for building specific manufacturing value chains. Advisor said that Nagaland’s unique natural and cultural resources could be unlocked by nurturing citizens’ entrepreneurial capacity and diversification of industrial activities in the State.
“With an objective to revitalize the growth of trade and commerce in Nagaland, a new policy is therefore being formulated to replace the two-decade old State Industrial Policy,” Imnatiba said.
Advisor was accompanied by senior state government officials including state I&C director Vitsutho Nyuthe and representatives from Thinkthrough Consulting (TTC).
Parul Soni, Global Managing Partner, TTC, said Nagaland has made tremendous reforms in terms of fiscal management, personnel policies, and institutional infrastructure.
With 70% of the Naga population engaged in agriculture and allied activities, she pointed out that the State now seeks support to usher in much-desired growth in the industrial sector.
She said that TTC, as official advisor to the I&C department, was delighted to assist the Nagaland government in their drive to make accelerated industrial growth a reality in the State.
TTC is a multidisciplinary professional services firm that specializes in providing advisory support for sustainable development initiatives. They engage with clients to address critical challenges by providing access to the best possible expertise & solutions for achieving efficiency and creating the desired impact.