In a significant boost to Assam’s economic landscape, industrial magnates Mukesh Ambani and Gautam Adani have each pledged investments of ₹50,000 crore across various sectors in the state. These announcements were made during the Advantage Assam 2.0 Investment and Infrastructure Summit held in Guwahati on February 25, 2025, inaugurated by Prime Minister Narendra Modi.
Mukesh Ambani’s Investment Vision
Reliance Industries Chairman Mukesh Ambani outlined his company’s commitment to accelerating Assam’s growth and transforming it into a technological hub. Reflecting on past investments, Ambani stated, “At the 2018 investment summit, I announced an investment of ₹5,000 crore. Since then, the investments have crossed ₹12,000 crore. This amount will quadruple, and we will invest ₹50,000 crore in the next five years.”
Ambani emphasized Assam’s strategic shift from the “periphery to the centre of India’s development map” and lauded the government’s ‘Act East, Act Fast, Act First’ initiative. He expressed confidence in Assam’s potential to evolve rapidly, attracting attention from Southeast and East Asia as a burgeoning land of opportunities.
Highlighting the role of Assam’s youth in the technological revolution, Ambani remarked, “Because of the popularity of Assam tea, until now, Assam has been known as the tea paradise. In the coming years and decades, I am sure Assam will be known to the world also as a technological paradise. Assam’s tech-savvy youth will give a new meaning to AI—where AI will not only stand for Artificial Intelligence but also Assam Intelligence.”
Gautam Adani’s Investment Plans
Adani Group Chairman Gautam Adani announced a parallel investment of ₹50,000 crore, focusing on sectors such as airports, aero-cities, city gas distribution, transmissions, cement, and road projects. He stated, “It is with great pride that I announce today the Adani Group’s commitment to invest ₹50,000 crore in Assam.”
Adani reflected on the transformative impact of investor summits over the past two decades, noting that such events have been catalysts for attracting substantial investments and propelling India’s vision of a ‘Viksit Bharat’ (Developed India). He drew parallels between Assam’s summit and Gujarat’s economic transformation, recalling the inception of the Resurgent Gujarat event in 2003, which evolved into the Vibrant Gujarat Global Summit.
Conclusion
The combined investment commitments of ₹1 lakh crore by Mukesh Ambani and Gautam Adani signify a monumental stride in Assam’s journey toward economic prosperity. These investments are poised to create numerous employment opportunities, enhance infrastructure, and position Assam as a pivotal player in India’s growth narrative.
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