The recently concluded Advantage Assam 2.0 Investment and Infrastructure Summit attracted investment proposals worth Rs 5,18,205 crore. The sum is approximately 80 per cent of Assam’s projected Gross State Domestic Product (GSDP) of Rs 6.
43 lakh crore by March 2025, signifying a major boost to the state’s industrial and economic landscape, Assam Chief Minister Himanta Biswa Sarma said. Advertisement Sarma, while addressing mediapersons, emphasised the state’s commitment in ensuring the successful implementation of these investments. Advertisement He acknowledged that the typical success rate for Memorandums of Understanding (MoUs) is around 50 per cent, but expressed confidence that Assam could achieve an 80 per cent implementation rate.
If successful, this would place the state in a new league of economic development, making it a significant player in India’s industrial growth story. To achieve this goal, the Assam government plans to carefully analyse investment proposals in the upcoming financial year and work toward a comprehensive roadmap within the next six months. The roadmap will focus on addressing key challenges such as land allocation, ease of doing business, and incentive structures to ensure that projects move from paper to reality.
The summit saw major industrial giants pledging significant investments, reflecting the growing confidence in Assam’s economic potential. Some of the biggest announcements included Reliance Industries Chairman Mukesh Ambani .
