Assam secures Rs 1.67 lakh crore investment through 69 agreements

Assam's government has secured investment agreements worth Rs 1.67 lakh crore with 69 leading organizations. These partnerships are set to create approximately one lakh direct and indirect employment opportunities. This initiative marks a signific...

IANS
Himanta Biswa Sarma
Guwahati: Converting intent into action and taking forward the momentum generated during Advantage Assam 2.0, Government of Assam under the leadership of its Chief Minister signed ‘Confirmation of Investment’ agreements with 69 leading organisations.

The agreements signed with prominent business houses and public sector undertakings are expected to bring investments amounting to Rs 1.67 lakh crore, generating approximately one lakh direct and indirect employment opportunities in the state.

Some of the major organisations that entered into the agreements include Adani Defence & Aerospace, Adani Airport City Limited, Ambuja Concrete North Pvt. Ltd., Ambuja Neotia Healthcare Venture Limited, Bharat A to Z Private Limited, Conmat Systems Pvt. Ltd., Numaligarh Refinery Limited, Oil India Limited, and Oil and Natural Gas Corporation, among others.


Himanta Biswa Sarma thanked the participating companies for translating their commitments made during the investment summit into concrete partnerships. He stated that the 69 agreements represent a significant step towards converting the momentum created during the summit into actionable investments.

The Chief Minister noted that by partnering with some of the country’s most reputed business organisations in their expansion journey, Assam is steadily emerging as a preferred destination for industry, innovation and enterprise. He added that these investments will accelerate industrial growth, generate employment opportunities and further strengthen the state’s economic transformation.

Highlighting the state’s expanding industrial landscape, the Chief Minister remarked that “from tea to chips, Assam is steadily building a diversified and future-ready economy.”
ADVERTISEMENT

He said that each partnership brings the state closer to its vision of becoming a vibrant investment hub in the country.Sarma further stated that the Government of Assam remains firmly committed to enabling the state to play a meaningful role in Viksit Bharat, thereby contributing actively to India’s journey towards becoming a developed nation.

He also informed that during Advantage Assam 2.0, investment MoUs worth Rs. 5.18 lakh crore were signed, reflecting unprecedented confidence in Assam’s growth potential.

He added that projects worth nearly Rs. 3 lakh crore have already been grounded within a year of the summit, marking significant progress in the implementation of these commitments.

The Chief Minister emphasised that industrialisation in Assam is not merely an economic policy but also a social and moral imperative. He stated that these investments will accelerate the pace of industrial development and create opportunities for the youth of the state, enabling them to pursue gainful employment within Assam rather than seeking jobs outside the state.
ADVERTISEMENT

Expressing confidence in the state’s growth trajectory, Sarma said that these partnerships will strengthen Assam’s industrial ecosystem and generate nearly one lakh direct and indirect employment opportunities. He described the initiative as a decisive step towards realising the vision of Atmanirbhar Asom and contributing to the broader national goal of Amrit Bharat.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Elections › Assembly Elections › Assam › Assam secures Rs 1.67 lakh crore investment through 69 agreements
Text Size:AAA
Success
This article has been saved

*

+