Advantage Assam 2.0: A Fusion of Culture, Investment, and Global Engagement

Guwahati, Dec 12: A blend of cultural showcase, strategic investment opportunities, and high-profile global engagement, Advantage Assam 2.0 aims to leverage Assam’s unique strengths to attract investments that will drive its growth trajectory in the years to come.

Assam’s Commerce and Industry Minister Bimal Borah reviewed the state’s preparedness for the upcoming Advantage Assam 2.0 Global Investors and Infrastructure Summit today at a high-level meeting held at Loksewa Bhawan on Thursday. Scheduled for February 24-25, 2025, in Guwahati, the summit aims to position Assam as a premier investment destination by showcasing its economic potential, infrastructure opportunities, and investor-friendly policies.

The event will be inaugurated by Prime Minister Narendra Modi and attended by Union Ministers, top industry leaders, and international dignitaries. Highlighting Assam’s rich cultural heritage, over 7,500 young artists from the state’s tea gardens will perform the traditional Jhubur dance in the presence of PM Modi, adding a vibrant cultural dimension to the summit.

A Pragmatic Approach to Investment

Chief Minister Himanta Biswa Sarma stressed that Advantage Assam 2.0 will be “pragmatic and theme-oriented,” focusing on tangible outcomes rather than extravagant displays. The event’s objective is to consolidate Assam’s economic potential and highlight its readiness for large-scale industrial investments.

Sectoral Focus and High-Profile Inauguration

Dedicated sessions will spotlight key sectors such as transportation, railways, civil aviation, agriculture, industrial investment, and hydrocarbons. Each sector will have prominent Union Ministers leading discussions and inaugurating sessions:

Building on Past Success

Advantage Assam 2.0 builds on the success of its first edition in 2018, which drew investment proposals worth ₹1 lakh crore. While the COVID-19 pandemic slowed momentum, Assam has since attracted investments exceeding ₹39,000 crore in recent years, reaffirming its status as an emerging investment hub.

Minister Bimal Borah emphasized that the summit underscores the transformative leadership of Chief Minister Himanta Biswa Sarma. “This initiative aims to further propel Assam’s robust growth trajectory, establishing the state as a profitable and lucrative investment hub,” said Borah.

Global Promotion and Domestic Engagement

To ensure international participation, Assam will dispatch delegations to key global markets, including Singapore, Japan, the United States, the United Kingdom, and Dubai. Domestically, promotional events will be held in major cities like Mumbai, Delhi, Hyderabad, Bangalore, Chennai, Ahmedabad, and Kolkata to engage with potential investors.

Strategic Initiatives and High-Tech Ambitions

One of the most ambitious announcements linked to the summit is Assam’s decision to establish a semiconductor manufacturing facility, signaling its entry into high-tech industries. The move has already garnered interest from major industry leaders.

Additionally, the summit will explore innovative uses of Bhutan’s water resources for irrigation and the Jal Jeevan Mission (JJM) to benefit farmers and communities, particularly in the Bodoland Territorial Region (BTR). This initiative underscores Assam’s focus on sustainable development and regional equity.

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