GUWAHATI, Feb 25: The Advantage Assam 2.0 Infrastructure and Investment Summit that got underway in Guwahati today morning, is poised to turn into a gamechanger in so far as economic transformation of the region is concerned with Mukesh Ambani and Gautam Adani announcing a combined investment of Rs 1 lakh crore as investors made a beeline to grab opportunities for investment in the State.
Reliance Industries chairman Mukesh Ambani said his group will be investing Rs 50,000 crore in Assam over the next five years as he emphasized Relaince Industries’ long-term commitment to the development of Assam, particularly in the technology and digital sectors.
“AI will soon stand for Assam Intelligence, Mukes Ambani said in his speech as elite industrialists agreed that Assam is on course to becoming India’s next tech hub.
Reliance Industries will also build two Bio Gas units, a Mega Food Park to add to agriculture output, a 7-Star Oberoi Hotel while announcing to double Reliance Retail presence in Assam which will create 10,000 employment opportunities for the local youths.
Meanwhile, Gautam Adani, Chairman of the Adani Group, announced an investment of Rs 50,000 crore in the State and announced that the investment will be done across multiple sectors, including airports and roads.
“It is with great pride that I announce today the Adani Group’s commitment to invest Rs 50,000 crores in Assam. Our investments will span across airports, aero-cities, city gas distributions, transmissions, cement and road projects. Prime Minister Modi and Chief Ministers, Assam is on a path to greatness and at the Adani Group, we are honoured to walk this path alongside you. This is our commitment, this is our vision, and this is the promise we make today to you, to Assam, and the future we will build together,” he said.
Highlighting Prime Minister Narendra Modi’s role in fostering investment-driven economic growth, the Adani Group Chairman drew parallels between Assam’s economic aspirations and the success of Gujarat’s investment ecosystem.
The Tata Group, which has already invested in the massive Jagiroad semiconductor project, today announced Rs 30,000 crore investment in the renewable energy sector.
Several other industrialists from India and business delegations from other countries have also inked MoUs with the State government, pledging massive investments which have run into over 1.5 lakh crore rupees.
