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Assam To Host Investment And Infrastructure Summit 2025 As Development Accelerates

BNE News Desk , November 25, 2024
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Guwahati: In a move to bolster investment and infrastructure growth, the Assam Cabinet has approved the Assam Investment and Infrastructure Summit 2025, scheduled for February 24 and 25 in Guwahati. The Summit, which will be graced by Prime Minister Narendra Modi, aims to attract global investors and showcase the state’s progress as a burgeoning economic hub.

During the Assam Day celebrations at the ongoing 43rd India International Trade Fair (IITF) 2024 in New Delhi, officials highlighted Assam’s significant development strides under the leadership of Chief Minister Himanta Biswa Sarma and former CM Sarbananda Sonowal. Assam has secured investments worth several lakh crores, including a Rs 27,000 crore semiconductor unit in Jagiroad, Rs 13,000 crore worth of MoUs with top companies, and over Rs 700 crore for a Greenfield project.

State Minister for Industries, Bimal Borah, emphasised the transformative impact of central government initiatives such as Make in India, Start-Up India, Digital India, and skill development, which have propelled Assam and the Northeast onto a rapid growth trajectory. He further announced that an International Investors Summit 2.0 will be held in February next year, signalling the state’s intent to continue attracting major investments.

Highlighting PM Modi's contributions, MP Dilip Saikia lauded his focus on the Northeast, stating that no leader has given as much attention to the region as Modi. Dilip Saikia said that Assam is advancing rapidly and is on course to join India’s top five developed states, aligning with the Prime Minister’s vision of a ‘Viksit Bharat@2047.’

Assam Pavillion Showcase The State’s Achievement And Future Plans

The Assam Pavilion at the IITF showcased the state’s achievements and future plans across sectors like manufacturing, tourism, technology, and renewable energy. Key highlights included advanced semiconductor facilities, the Unity Mall initiative to promote the One District One Product (ODOP) scheme, and healthcare advancements to improve accessibility. Visitors also learned about Assam’s focus on creating skilled employment opportunities and developing infrastructure to support high-tech manufacturing.

Ongoing IITF 2024
The ongoing 43rd India International Trade Fair (IITF) 2024 in New Delhi (Google image)

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As the IITF, organised by the India Trade Promotion Organization (ITPO), draws to a close on November 27, Assam continues to make a strong case as a growing investment destination. With its emphasis on renewable energy, cutting-edge technology, and a vibrant MSME sector, the state is positioning itself as a key player in Eastern India’s economic transformation.