Guwahati: Star Cement Ltd has announced plans to establish a Rs. 3,200-crore cement clinker and grinding plant in Assam.
The announcement was formalised with the signing of a Memorandum of Understanding (MoU) between the Assam government and the company on the concluding day of the Advantage Assam 2.0 Investment and Infrastructure Summit 2025.
Chief Minister Himanta Biswa Sarma, speaking at the summit, expressed gratitude to the participating companies for their commitment to Assam’s growth.
“The investment commitments we have received reflect the state’s potential as a hub for industries and innovation. These projects will significantly contribute to our vision of a developed and self-reliant Assam,” he said.
In addition to Star Cement’s proposal, the Assam government signed an MoU with Matheson Hydrogen Lvt Ltd for a Rs. 1,500-crore hydrogen and steam generation plant.
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Another Rs. 500-crore agreement was inked with Global Health Ltd, while two non-financial partnerships were secured with ITE Education Services to enhance educational infrastructure.
Over the course of the two-day summit, the government reported a total of 164 MoUs across 15 sectors, showcasing a wide range of investment proposals aimed at propelling the state’s economic and infrastructural growth.
The chief minister indicated that further agreements were expected by the end of the summit, underlining Assam’s growing appeal as an investment destination.
He also emphasized the importance of these partnerships in driving industrial development and generating employment opportunities in the region.
