Guwahati, Jan 6: Assam Chief Minister Dr Himanta Biswa Sarma today wooed investors by saying the government has no hesitation in restructuring rules and regulations and will provide the right ecosystem.
“We are bullish on Assam’s future and will aggressively push for industrialization. We believe that every industry deserves attention, and we will provide the right ecosystem to make that happen” Assam Chief Minister Dr Himanta Biswa Sarma said at a roadshow in Mumbai organised by The Assam Industrial Development Corporation Ltd. (AIDC) setting the stage for the much-anticipated Advantage Assam 2.0 Investment and Infrastructure Summit, scheduled for February 25-26, 2025, in Guwahati.
During the three-day event in Mumbai, Dr Sarma and his team engaged with top business leaders to showcase Assam’s transformation into a premier investment destination.
Dr. Sarma extended a compelling invitation to the Advantage Assam 2.0 Summit: “Join us on February 24 for a spectacular cultural showcase by 10,000 youth performing for the Prime Minister, followed by two days of dynamic discussions and networking.”
The Chief Minister emphasized the state’s commitment to offering tailored solutions to investors. “We’ve created a single-line investment policy that caters to the unique needs of every industry. Once investors come to Assam, they don’t want to leave,” he stated.
He also mentioned Assam’s commitment to flexibility in adapting policies, saying, “Our officers will work with you, and we have no hesitation in restructuring rules and regulations.
Led by Assam Chief Minister Dr Himanta Biswa Sarma, alongside senior government officials and leading industry figures, the event spotlighted Assam’s remarkable economic transformation and its growing allure as a premier investment destination across multiple sectors.
Speaking at the event, Dr Sarma highlighted Assam’s infrastructure surge since 2014 under Prime Minister Narendra Modi’s leadership. “Investments exceeding ₹65,000 crore have transformed roads, railways, and digital connectivity,” he said. Dr. Sarma shared his vision of making Assam a manufacturing hub, driven by progressive policies and strategic partnerships.
Acknowledging industry giants, he stated, “We are thankful to Tata Group for demolishing the myth that significant investments cannot happen in Northeast India.” Tata’s establishment of India’s first Semiconductor Assembly and Test Unit in Jagiroad stands as a landmark achievement.
DrDrarma emphasized Assam’s investor-centric approach: “Once investors come to Assam, they don’t want to leave. We ensure transparency, fairness, and tailored policies to meet diverse industrial needs.” The state’s unique single-line investment policy exemplifies this flexibility, catering to industry-specific requirements and fostering confidence among investors.
Beyond industrialization, Assam is advancing social equity. “Assam is known for its egalitarian society, where people are valued as good human beings, not by their caste,” Dr. Sarma remarked. Initiatives like scholarships for girls and free education for underprivileged students underscore the state’s commitment to inclusive growth.
Assam’s geographical importance was another focal point. “The Northeast is India’s gateway to Southeast Asia,” Dr. Sarma noted, highlighting Assam’s connectivity to Bihar, Bengal, Bhutan, Myanmar, Nepal, and Bangladesh. “This strategic location positions Assam as a vital player in India’s economic future,” he added.
Referring to the Northeast as “Ashtalakshmi,” Dr. Sarma invoked Prime Minister Modi’s vision of the region as a hub of untapped potential.
With a projected Gross State Domestic Product (GSDP) target of $143 billion by FY 2029-30, backed by a $26 billion capital investment plan, Assam is poised for accelerated growth.
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