Assam Attracts Rs 2 Lakh Crores at Advantage Assam 2.0

Assam's Advantage Assam 2.0 summit attracts nearly Rs 2 lakh crores in investments. The summit, under the leadership of CM Himanta Biswa Sarma, aims for Rs 5 lakh crores in future. Major investments come from Adani Group and Reliance, solidifying Assam as a key economic growth centre.

The ongoing Advantage Assam 2.0 summit, organized by the Assam government, has successfully attracted investments worth nearly Rs 2 lakh crores, according to Ranjit Kumar Dass, the state's Minister of Panchayat and Rural Development. Under the leadership of Chief Minister Dr. Himanta Biswa Sarma, the state expects even more investment in future editions of the summit.

Earlier, Assam Cabinet Minister Ashok Singhal remarked on the state's emerging status as a significant investment hub, drawing substantial interest from both domestic and international investors. Highlighting the state's economic potential, the summit has secured 164 Memorandums of Understanding (MoUs) across various sectors on its first day, promising Rs 1.89 lakh crore in proposals.

The summit will conclude with sessions featuring Union Ministers, including Hardeep Singh Puri and Piyush Goyal, discussing Assam's economic roadmap. Major investments announced include Rs 50,000 crore from both Adani Group and Reliance Industries Limited, focusing on critical infrastructure developments, as JSW Group plans expansion in cement and energy sectors.

(With inputs from agencies.)