Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Infrastructure and Investment Summit 2025 in Guwahati, emphasizing innovation, sustainable growth, and economic expansion in the region. The summit attracted significant investments, with Reliance Industries and the Adani Group each committing $6 billion to Assam. Key industry leaders, including N Chandrasekaran, Sajjan Jindal, Prashant Ruia, Anil Agarwal, and Anil Kumar Chalamalasetty, were present, along with high-level delegations from Australia, South Korea, Singapore, Malaysia, Taiwan, Indonesia, Thailand, Bhutan, and Japan. Several union ministers, including S Jaishankar, Jyotiraditya Scindia, and Ashwini Vaishnaw, attended, while Nitin Gadkari addressed the event virtually.
During his speech, PM Modi described the summit as a pivotal moment for Assam and the entire Northeast, stating that the region is poised for a new era of development. He emphasized that Eastern India has historically played a vital role in the country’s prosperity and reiterated that the Northeast is set to become a major contributor to India’s economic progress. Modi also underscored India’s expanding global trade connections, strengthening supply chains, and the significance of the India-Middle East-Europe Economic Corridor in fostering new opportunities.
Highlighting Assam’s economic transformation, Modi pointed out that the state’s economy has doubled since 2018, growing from approximately $33 billion to $72 billion under the BJP-led government. He also noted Assam’s emergence as a key player in semiconductor manufacturing, with Tata Semiconductor launching a cutting-edge facility in Jagiroad to support technological advancements in the Northeast.
Assam’s Chief Minister, Himanta Biswa Sarma, projected the state’s economy to reach $143 billion by 2030, with a GDP growth rate of 15.2% this year. He assured investors of a business-friendly environment and credited PM Modi’s leadership for transforming Assam from a conflict-ridden state into one of the most peaceful regions in India.
Reliance Industries’ Chairman Mukesh Ambani announced plans to quadruple the company’s investments in Assam to over $6 billion within five years, focusing on digital and technological expansion. Meanwhile, the Adani Group, led by Gautam Adani, committed an equal investment across various sectors, including airport development, city gas distribution, cement production, and infrastructure projects.
With these substantial investments, Assam is set to become a major economic and industrial hub, reinforcing its role in India’s growth story.
