Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Investment and Infrastructure Summit 2025 in Guwahati, representing a significant milestone in the economic development of Assam. The event saw considerable investment commitments from major industrial players and showcased Assam’s transformation into a peaceful and business-friendly state.
What Are the Major Investment Announcements?
During the summit, Reliance Industries Limited and the Adani Group both revealed their intentions to invest ₹50,000 crore each in Assam over the next five years. Mukesh Ambani, Chairman of Reliance, highlighted the company’s dedication to fostering growth in Assam, especially in the technology and digital sectors. In a similar vein, Gautam Adani detailed the group’s plans for investment in a range of infrastructure projects, such as airports, city gas distribution networks, and roadways.
How Has Assam’s Economy Transformed?
According to Chief Minister Himanta Biswa Sarma, Assam’s economy is expected to grow to $143 billion by 2030, illustrating a dramatic shift from a history of unrest to one of stability and growth. He noted that the state’s GDP growth for this year is projected to be 15.2%, attributing this progress to the leadership of Prime Minister Modi and the execution of significant industrial projects.
What Is the Significance of Advantage Assam 2.0?
Prime Minister Modi described Advantage Assam as a “mega campaign” aimed at connecting the world with Assam’s potential and progress. He highlighted the region’s historical role in India’s prosperity and emphasized its renewed strength in the nation’s development trajectory. The summit also attracted participation from global industry leaders and delegations from countries such as Australia, South Korea, Singapore, Malaysia, and Japan, underscoring Assam’s growing appeal as an investment destination.
