Guwahati: Assam is poised for massive economic growth, attracting investment proposals worth over ₹2.5 lakh crore on the first day of the Advantage Assam 2.0 Investment and Infrastructure Summit 2025.

The summit, inaugurated by Prime Minister Narendra Modi, saw major corporate giants, including Reliance, Adani, Vedanta, and Tata Group, announce investments exceeding ₹2 lakh crore. The event aims to position Assam as a leading investment destination in India and Southeast Asia.

PM Modi Highlights Assam’s Strategic Importance

Speaking at the event, PM Modi emphasized Assam’s potential as a gateway between Southeast Asia and India.

Key Highlights from PM Modi's Speech:
Eastern India’s role in national prosperity is growing stronger.
India’s economy is expanding despite global challenges.
The India-Middle East-Europe Economic Corridor will create new trade opportunities.
Assam is evolving into a semiconductor and energy hub.
Assam accounts for 50% of India's onshore natural gas production.

“Assam has always played a vital role in global trade. Its natural resources and strategic location make it a preferred investment hub,” Modi stated.

Assam’s ₹1.89 Lakh Crore Investment Boom

114 MoUs (Memorandums of Understanding) were signed between the Assam government and private sector giants, securing ₹1.89 lakh crore in investments.

Reliance, Adani, Tata, and Vedanta were among the top investors.
Public sector giants like ONGC, Oil India, and Numaligarh Refinery also committed major investments.

Biggest Investment Announcements

Reliance Industries – ₹50,000 Crore Investment

Mukesh Ambani announced a ₹50,000 crore investment across five key verticals, including:
Green and nuclear energy
Retail expansion
Food & non-food supply chain development

"Our investments in Assam have already crossed ₹12,000 crore. Now, we plan to invest ₹50,000 crore over the next five years," said Ambani.

Adani Group – ₹50,000 Crore Investment

Gautam Adani revealed a ₹50,000 crore investment plan, focusing on:
Airport and aerocity development
City gas distribution networks
Cement and road infrastructure

"Assam is a key part of our growth vision, and we are committed to contributing to its development," said Adani.

Vedanta Group – ₹50,000 Crore Investment

Anil Agarwal, Chairman of Vedanta, announced an investment in Assam & Tripura’s oil and gas sector.
Cairn Oil & Gas has already invested ₹2,500 crore in the region.

"We see immense potential in Assam’s oil and gas sector and will continue investing aggressively," said Agarwal.

Tata Group – ₹25,000 Crore Investment

Tata Group Chairman Natarajan Chandrasekaran announced a ₹25,000 crore investment for:
A large electronics and mobile manufacturing unit
Green energy projects, including solar rooftops and renewable energy generation

Additionally, Tata Power signed an MoU worth ₹30,000 crore in the energy sector.

Additional Major Investment Deals

JSW Group – ₹7,000 crore for cement & power projects.
Greenko Energies – ₹5,850 crore for renewable energy projects.
Adani Total Gas Ltd – ₹5,000 crore for city gas distribution.
PNB Investment Services – ₹3,000 crore for financial services expansion.
Essar Group – ₹2,100 crore for energy projects.

Among public sector companies, major investment commitments include:
Oil India Ltd – ₹23,300 crore
Numaligarh Refinery – ₹10,711 crore

CM Himanta Biswa Sarma’s Vision for Assam

Projected Economic Growth: Assam’s economy is expected to reach USD 143 billion (₹11.8 lakh crore) by 2030.
Current GDP Growth: 15.2% in 2024, one of the highest in India.
Transformation from "Most Disturbed" to "Most Peaceful" State:
Assam has emerged as a business-friendly destination with improved law & order.
Over 60 foreign delegations and ambassadors attended the summit.

"We invite global and domestic investors to be part of Assam’s rapid growth story," said CM Sarma.

Assam’s Bright Investment Future

The Advantage Assam 2.0 Summit has positioned Assam as India’s next big investment destination, with unprecedented commitments from top business houses. With major infrastructure, energy, and manufacturing projects on the horizon, Assam is set to become a key player in India's economic growth.