MOHAMMAD ZIYAUDDIN
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Guwahati: Reliance Industries Chairman Mukesh Ambani on Tuesday announced a massive investment of ₹50,000 crore in Assam over the next five years. Speaking at the ‘Advantage Assam 2.0’ Investment and Infrastructure Summit, Ambani highlighted that the investment will focus on technology, artificial intelligence (AI), green energy, and retail expansion.
“At the 2018 investment summit, I announced an investment of ₹5,000 crore. Since then, our investments have surpassed ₹12,000 crore. Now, we are committed to investing ₹50,000 crore in the next five years,” Ambani said.
Key Focus Areas of Reliance’s Investment in Assam
Green and Nuclear Energy – Advancing Assam’s role in sustainable energy solutions.
Retail Expansion – Expanding Reliance Retail’s footprint across the state.
Supply Chain Development – Strengthening the food and non-food supply chain.
Technology & AI Readiness – Making Assam a hub for future-ready technologies.
Assam Aiming for $143 Billion Economy by 2030: CM Himanta Biswa Sarma
Assam’s Chief Minister Himanta Biswa Sarma expressed strong optimism about the state's economic growth, claiming that Assam will become a $143 billion economy by 2030.
Speaking at the Advantage Assam 2.0 Summit, he said:
“The state’s GDP growth this year will be 15.2%. Assam has transformed from being one of the most disturbed states to one of the most peaceful. This makes it the perfect time for investors to come in.”
Why Assam is Emerging as an Investment Hub?
Improved Business Environment: Assam is now more peaceful and investor-friendly.
Strategic Connectivity: Despite past challenges, infrastructure development is making the state more accessible.
Government Push: The Modi-led BJP government has been actively encouraging states to attract investments.
“Prime Minister Narendra Modi encourages competitive federalism, which is why he has attended seven business summits in different states since taking over as PM for the third term,” Sarma said.
With foreign business delegations from over 60 countries attending the summit, Assam is positioning itself as a key investment destination in India’s growing economy.
