MOHAMMAD ZIYAUDDIN
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Guwahati: Assam is set to witness major industrial growth as Mukesh Ambani, Gautam Adani, and Natarajan Chandrasekaran announced massive investments at the Advantage Assam 2.0 business summit on Tuesday.
Reliance Industries, Adani Group, and Tata Group have committed thousands of crores to boost Assam’s infrastructure, energy, manufacturing, and retail sectors.
Reliance Industries to Invest ₹50,000 Crore in Assam
Mukesh Ambani, Chairman of Reliance Industries Limited (RIL), announced a ₹50,000 crore investment over the next five years.
The investment will focus on five key sectors:
Green & Nuclear Energy
Food & Non-Food Supply Chain
Retail Store Expansion
Ambani’s Previous Investment in Assam:
- In 2018, RIL announced an investment of ₹5,000 crore.
- Since then, RIL’s investments have crossed ₹12,000 crore.
- Now, the investment will quadruple to ₹50,000 crore.
"We are committed to Assam’s development and will significantly expand our presence in the state," Ambani stated.
Tata Group to Set Up Electronics & Renewable Energy Projects
Tata Group Chairman Natarajan Chandrasekaran confirmed plans to expand investments in Assam, particularly in:
Electronics manufacturing
Solar & Renewable Power Generation
Tata’s Legacy in Assam
- The Tata Group has a long-standing relationship with Assam, including its tea business and automobile sector.
- Now, the group will invest in a new large-scale electronics manufacturing unit.
"Tata Group is deeply committed to Assam’s growth and will soon set up a large electronics manufacturing facility," Chandrasekaran said.
Gautam Adani Announces ₹50,000 Crore Investment in Assam
Adani Group Chairman Gautam Adani announced an investment of ₹50,000 crore across multiple infrastructure projects.
Sectors covered in the investment:
Airports & Aerocities
City Gas Distribution
Cement & Road Projects
Energy Transmission
"It is with great pride that I announce today the Adani Group’s commitment to invest ₹50,000 crore in Assam," Adani stated.
JSW Group’s Investment in Assam
JSW Group Chairman Sajjan Jindal also announced major investments in:
Cement Manufacturing
Renewable & Thermal Power
Jindal, who has family ties to Assam, expressed his excitement about the state’s development:
"When I used to visit as a kid, my grandfather would tell me tales of bravery about local legends. Now, when I return, I am glad to see the development taking place here," he said.
Assam’s Economic Growth on the Fast Track
With Reliance, Adani, Tata, and JSW Group committing billions of rupees, Assam is poised to become a major hub for manufacturing, infrastructure, and energy development.
