Advantage Assam 2.0: CM Sarma ushers in a new era of investment and growth
Assam Chief Minister Himanta Biswa Sarma heralded the Advantage Assam 2.0 Summit as a game-changer for the state’s industrial growth, positioning it as a key player in India’s economic expansion.
Addressing the inaugural session, Sarma expressed gratitude to Prime Minister Narendra Modi for his leadership and unwavering support, emphasizing that this summit would mark a transformative phase for Assam’s economy.
Celebrating 200 years of Assam Tea, Sarma reflected on the state’s rich industrial history, from the discovery of tea in 1823 to its pioneering role in India’s oil and coal industries. He highlighted Assam’s economic strength during India’s independence when its per capita income was 4% higher than the national average.
He said under PM Modi’s leadership, Assam has witnessed historic growth. “2,324 km of National Highways constructed since 2014. 600 km of railway gauge conversion completed. Assam now houses one of India’s seven busiest airports,” he said..
Sarma urged industrialists, investors, and entrepreneurs to explore Assam’s diverse investment opportunities, assuring them of a business-friendly ecosystem with high returns.
Prime Minister Modi, inaugurating the summit, reaffirmed the Centre’s commitment to making Assam an industrial powerhouse. He lauded Assam’s diversification efforts in technology and manufacturing, reinforcing the state’s growing global appeal.
The summit witnessed major investment pledges from India’s top industrialists: Tata Sons Chairman Natarajan Chandrasekaran: Commended Assam’s rise in technology, citing Tata Electronics’ ATMP facility in Jagiroad and pledged investments in green energy and mobile chip manufacturing over the next five years.
Reliance Industries CMD Mukesh Ambani: Announced a Rs 50,000 crore investment in clean energy, bamboo, food processing, retail, hotels, and silk from Sualkuchi.
Adani Group Chairman Gautam Adani: Committed Rs 50,000 crore over the next five years for clean energy, infrastructure, and road projects.
Vedanta Group Chairman Anil Agarwal: Promised Rs 50,000 crore in energy and industrial expansion.
JSW Group CMD Sajjan Jindal: Confirmed investments in renewable and thermal energy projects.
The inaugural event brought together top dignitaries, including Union Ministers Sarbananda Sonowal, Jyotiraditya Scindia, Bhutan’s Agriculture & Livestock Minister Younten Phuntsho, Tripura CM Manik Saha, and international diplomats. Their participation underscored the global significance of Assam’s economic rise.
The Advantage Assam 2.0 Summit aims to highlight the state’s strategic location, tailored investment policies, and market potential, reinforcing its position as India’s gateway to Southeast Asia. With multi-billion-dollar investments flowing in, Assam is set to emerge as a thriving hub for industry and innovation.
Concluding his address, CM Sarma reaffirmed Assam’s commitment to being a reliable partner for investors, ensuring their ventures yield maximum returns in a land full of limitless opportunities.
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