Guwahati: Assam Chief Minister Himanta Biswa Sarma announced that the recently concluded Advantage Assam 2.0 Investment and Infrastructure Summit received investment proposals worth Rs. 5,18,205 crore.
The commitments represent nearly 80% of the state’s projected Gross Domestic Product (GDP) of Rs. 6.43 lakh crore by March 2025, Sarma revealed during a press conference on Friday.
“We plan to analyse these proposals in the upcoming financial year and will develop a roadmap for implementation over the next six months,” Sarma stated.
Detailed agreements will be signed after thoroughly evaluating the proposals to ensure their successful execution.
Acknowledging potential challenges, Sarma noted that providing land for projects and offering incentives could pose obstacles.
However, he assured that the government would actively work to address these issues.
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While the success rate of investment implementation from such summits is typically around 50%, Sarma expressed optimism.
“I am hopeful of achieving an 80% success rate, which could position Assam as one of India’s leading states,” he added.
Sarma credited the overwhelming response from industrialists to Prime Minister Narendra Modi’s call for increased investments in Assam.
The summit’s results are seen as a significant boost to Assam’s development aspirations, with key focus areas including infrastructure, manufacturing, and other high-growth sectors.
