Guwahati: Prime Minister Narendra Modi inaugurated the much-anticipated Advantage Assam 2.0: Investment and Infrastructure Summit in Guwahati, India, on February 25. According to Modi, the focus is on reforming infrastructure and innovation and enhancing the industrial ecosystem in the northeastern region.
Chief Minister Himanta Biswa Sarma called the summit a milestone event in Assam's industrial journey. He emphasised Assam's rich industrial legacy, including its ground-breaking role in India's oil industry and coal discovery in 1847.
He further stated that at the time of India's independence, Assam was an economic leader, enriched with tea, natural resources, and hydrocarbon assets, with per capita income above the national average by 4 per cent. Under Modi's visionary leadership, Assam has undergone a historic alteration, with over 2,324 km of National Highways constructed since 2014, Indian Railways completing a gauge change of 600 km of meter gauge lines, and Assam becoming a substance for India's aviation development.
During the event aimed at boosting industrial expansion and attracting global investors, the Assam CM urged industrialists, investors, entrepreneurs, and other stakeholders to discover Assam's vast investment potential across diverse sectors.
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Tata Sons Chairman Natarajan Chandrasekaran, who attended the event, underlined Assam's rise in the technology sector, particularly with the ATMP facility being developed by Tata Electronics at Jagiroad. He also assured investment in sectors like green energy, mobile manufacturing chips, clean energy, food and non-food, bamboo, hotels, and the silk industry of Sualkuchi.
CMD Reliance Industries Mukesh Ambani, Chairman Adani Group Gautam Adani, Chairman Vedanta Groups Anil Agarwal, and CMD JSW Groups Sajjan Jindal were also present at the Advantage Assam 2.0: Investment and Infrastructure Summit.
FIRST Business Portal addressing the potential of business capability of North East Region.
