The Advantage Assam 2.0 – Investment & Infrastructure Summit 2025 is a government program that focuses on developing key industries in Assam. The Summit was held at the Veterinary Field Khanapara, Guwahati on 25-26 February 2025. It was inaugurated by the Hon’ble Prime Minister Mr. Narendra Modi, aiming to attract investments and boost economic development in Assam. He praised Assam’s efforts to position itself as a premier investment hub for global industries. The Prime Minister emphasized exploring trade and investment prospects in Assam, particularly in key sectors such as IT, Energy, Infrastructure and Connectivity, Automobile manufacturing, Sports, Pharma, Healthcare, Defense, Aerospace, Agriculture, Tourism, and Financial service. The Summit secured investment commitments totaling ₹4.91 lakh crore.
Table of Contents
- Overview
- Objectives
- Focus sectors
- Inauguration
- Participator
- Key Announcements and Investments
- Conclusion
2. What are the objectives of Advantage Assam 2.0 – Investment & Infrastructure Summit 2025?
The primary objectives of Advantage Assam 2.0 – Investment & Infrastructure Summit 2025
are:
- Attracting Investments: Promoting investment opportunities in Assam for both domestic and international investors by showcasing the state’s potential across various sectors.
- Promoting Key Sectors: The Summit highlights opportunities in sectors such as Agriculture and Food Processing, Textiles, Tourism, IT, and Renewable Energy to stimulate sector-specific growth.
- Enhancing Infrastructure: Strengthen the state’s physical and digital infrastructure to support business expansion such as transportation, logistics, and industrial parks.
- Facilitating Ease of Doing Business: Introduce reforms to streamline business procedures to attract Foreign Direct Investment(FDI).
- Encouraging MSMEs: Encouraging Micro, Small, and Medium Enterprises by providing access to capital, technology, and markets, thereby fostering inclusive economic growth.
- Job creation and skill development: Generating employment opportunities by attracting large-scale investment in key sectors.
3. What are the key sectors focussed by Advantage Assam 2.0 – Investment & Infrastructure Summit 2025?
Advantage Assam 2.0 focuses on attracting investments across several key sectors to drive economic growth and infrastructure development in Assam state. The primary sectors include:
- Food Processing and Agri-business: Leveraging Assam’s agricultural produce to enhance food processing industries and agribusinesses.
- Renewable Energy and Hydrocarbons: Investing in sustainable energy sources such as solar, wind, hydroelectric power, and optimizing hydrocarbon resources.
- Tourism and Hospitality: Promoting Assam’s cultural heritage and natural beauty to boost tourism and related services.
- Infrastructure Development: Enhancing transportation networks, industrial parks, and urban facilities to support business expansion.
- Electronics and Semiconductor Manufacturing: Positioning Assam as a hub for high-tech manufacturing, including the production of electronic components and semiconductors.
- Aerospace and Defense Manufacturing: Developing capabilities in aerospace technologies and defense equipment production.
- Fragrance and Flavors Industry: Capitalizing on the region’s rich biodiversity to develop industries focused on natural fragrances and flavors.
- Mobility and Logistics: Improving transportation and logistics infrastructure to facilitate trade and commerce.
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4. Who was the Inaugurator of Advantage Assam 2.0 – Investment & Infrastructure Summit 2025?
The Advantage Assam 2.0 – Investment & Infrastructure Summit 2025 was inaugurated by Hon’ble Prime Minister Mr. Narendra Modi. It was held at the Veterinary Field Khanapara, Guwahati on 25-26 February 2025, aiming to attract investments and boost economic development in Assam.
5. Who were the participators of Advantage Assam 2.0?
The event saw participation from Union Ministers, global industry leaders, representatives from foreign missions, bilateral chambers of commerce, multilateral agencies, and entrepreneurs from across Assam. Notably, seven Union Ministers led discussions on crucial topics related to Assam’s development, including sectors like communications, external affairs, electronics and IT, petroleum and natural gas, railways, shipping, and commerce.
6. The Key Announcements and Investments of Advantage Assam 2.0.
Advantage Assam 2.0, held on February 25-26, 2025, at Guwahati, marked a significant milestone in Assam’s economic development, attracting substantial investment commitments and strategic announcements. Key highlights from the summit include:
Investment Commitments:
- Total Investments: The summit concluded with investment commitments totaling approximately ₹4.91 lakh crore, focusing on impactful projects to be realized within the next 3-4 years.
- Major Contributors:
- Reliance Industries Limited: Chairman Mukesh Ambani announced an investment of over ₹50,000 crore, highlighting the development of artificial intelligence infrastructure, advanced data centers, and initiatives in green energy, agriculture, and tourism.
- Adani Group: Chairman Gautam Adani committed ₹50,000 crore towards city gas distribution and infrastructure projects, aiming to enhance Assam’s energy and urban infrastructure sectors.
- Vedanta Group: Announced investments in the oil and gas sector, aiming to boost exploration and production activities in the region.
- Tata Group: Plans to establish a semiconductor assembly and testing unit in Jagiroad, positioning Assam as a hub for high-tech manufacturing.
More about Advantage Assam 2.0: https://currentaffairs.adda247.com/advantage-assam-2-0-a-new-dawn-for-investment-and-infrastructure/
7. Conclusion
Advantage Assam 2.0 has positioned Assam as a prime investment destination, securing commitments worth ₹4.91 lakh crore across key sectors like infrastructure, renewable energy, manufacturing, and technology. Major corporations, including Reliance, Adani, Tata, and Vedanta, have pledged significant investments, ensuring rapid industrial and economic growth. The summit reinforced Assam’s potential for sustainable development, job creation, and ease of doing business. With strategic partnerships and government-backed incentives, Assam is set to emerge as a dynamic hub for business and innovation. The event marks a transformative step toward making Assam a major contributor to India’s economic landscape in the coming years.