Assam Government Secures ₹1.67 Lakh Crore in Investment Agreements

Major Investment Agreements Signed in Assam

Guwahati, Mar 13: On Thursday, the Assam government finalized 'Confirmation of Investment' agreements with 69 prominent companies, amounting to ₹1.67 lakh crore, as announced by Chief Minister Himanta Biswa Sarma.

These agreements, established with leading business entities and public sector firms, are projected to attract investments totaling ₹1,67,108.51 crore, which is expected to create around one lakh direct and indirect jobs in the region, according to an official statement.

"Transforming intentions into actionable plans and continuing the momentum from Advantage Assam 2.0, the Assam government today signed 'Confirmation of Investment' agreements with 69 top organizations during a ceremony attended by Chief Minister Himanta Biswa Sarma," the statement further elaborated.

Notable companies involved in these agreements include Adani Defence & Aerospace, Adani Airport City Ltd, Ambuja Concrete North Pvt Ltd, Ambuja Neotia Healthcare Venture Ltd, Bharat A to Z Pvt Ltd, Conmat Systems Pvt Ltd, Numaligarh Refinery Ltd, Oil India Ltd, and Oil and Natural Gas Corporation, among others.

During the event, Sarma expressed gratitude to the participating firms for turning their commitments from the investment summit into tangible partnerships.

"These investments will boost industrial development, create job opportunities, and enhance the economic transformation of the state. Assam is progressively establishing a diversified and future-ready economy, from tea to chips," he remarked.

Sarma also noted that at the Advantage Assam 2.0 Investment and Infrastructure Summit, investment MoUs worth ₹5.18 lakh crore were signed, showcasing an extraordinary level of confidence in Assam's growth potential.

"Projects valued at nearly ₹3 lakh crore have already commenced within a year of the summit, indicating substantial progress in fulfilling these commitments," he concluded.