Guwahati, 18 May (HS): Investment proposals worth ₹23,000 crore under Advantage Assam 2.0 have now moved into the implementation phase. Chief Minister Dr. Himanta Biswa Sarma announced on Sunday that these projects are expected to generate around 6,000 new jobs in the state.
The announcement was made during a high-level investment summit held at Srimanta Sankardev Kalakshetra in Guwahati. Over 20 Memorandums of Understanding (MoUs) were signed during the event. The Chief Minister termed the event as the “beginning of a new era of investment and development in Assam.”
Sarma said Assam has taken concrete steps to promote industrialization. “So far, we have signed investment agreements worth ₹5.18 lakh crore, and projects worth ₹30,000 crore are close to being grounded,” he stated.
Key infrastructure projects such as the Guwahati Ring Road and the Narengi-Kurua Bridge were also mentioned, with a total proposed investment of ₹7,800 crore. These projects will be inaugurated by Prime Minister Narendra Modi on September 8.
Meanwhile, the central government has approved the Guwahati-Silchar Express Highway (₹23,000 crore), which will significantly enhance intra-state connectivity and strategic transport links.
Prominent investors include:
Hinduja Renewables – ₹14,000 crore
NEEPCO – ₹2,400 crore
Meghashree Cements – ₹859 crore
Megha Top Infra – ₹859.2 crore
SJVN Green Energy – ₹950 crore
Amrit Cement – ₹617 crore
Max Cement – ₹512.91 crore
OTPC (Joint Venture) – ₹500 crore
Kamakhya Biofuels – ₹346 crore
Downtown Hospital – ₹129.72 crore
Taj Group (IHCL) – ₹175 crore
Amul Satellite Dairy (Guwahati) – ₹75 crore
Construction has already begun on ethanol production units and cement plants at a cost of around ₹2,800 crore. Several other projects are expected to commence by the end of the year.
The Chief Minister urged investors to expand industries beyond Kamrup district. He identified Biswanath as a suitable location for Amul’s second dairy unit and assured full government support.
Expressing concern over youth migration, he said, “Around 20 lakh young Assamese work outside the state, many earning as little as ₹6,000–7,000 per month. We must curb this trend by providing dignified opportunities here.”
The summit was attended by Industry Minister Bimal Bora, senior officials, and major corporate representatives. It is being regarded as one of the largest investment initiatives in Assam in recent years.
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Hindusthan Samachar / Sriprakash
