The chairman of Investment and Development Authority of Nagaland (IDAN), Abu Metha today held a series of meetings with various associations and organizations including Business Association of Nagaland (BAN) and Nagaland Tool Room and Training Centre (NTTC).
It was reported that a tripartite agreement on technology transfer was signed today between IDAN, the Nagaland Tool Room and Training Centre (NTTC) and Eco-Green. According to IDAN Chairman, Abu Metha, the signed agreement included transfer of technology for manufacturing of 10 rural entrepreneurship machines and equipment, training, after sales and market linkages.
Meanwhile, IDAN Chairman also held a meeting with BAN where they discussed improving the economy, investments and industrial policy of Nagaland. According to BAN, the meeting was ‘fruitful’ as they also discussed the issues faced by pork butchers and food cart vendors.
The IDAN chairman also met up with Women Entrepreneurs Network Nagaland (WENN) where, according to Nengneithem Hengna, Director HM Pvt Ltd – Verticals: Runway India & The Banana Co (TBCO), they discussed the future action plan of the Network and how to develop the entrepreneurial ecosystem in Nagaland.
WENN also informed that they discussed on two major points: WENN expansion plan in 8 districts and Women run markets in Nagaland.
IDAN, whose aim is to explore, promote and facilitate all possible investment opportunities for infrastructure and socio-economic development in the State was created and notified by a Cabinet notification in June 2018.
IDAN strives to be a “driving force to transform Nagaland to be a prominent achiever under Sustainable Development Goals by ‘force multiplying’ the strength of the Government Departments through effective networking.”
The mission of IDAN is to develop an investor-friendly environment; and drive empirical, analytical and research that will contribute to policy advocacy and inputs which will enhance the ‘ease of doing business’ in the State.