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Advantage Assam 2.0 To Steer Growth Of Northeast Region

Advantage Assam 2.0 (Feb 25-26) will attract global leaders, focusing on key sectors like infrastructure, energy, and defense. Assam aims for $12B investment, growth, and industrialization.

On February 25 and 26, the sacred land of Maa Kamakhya and the mighty Brahmaputra will bear witness to another grand Mahakumbh 바카라 the Advantage Assam 2.0 Investment and Infrastructure Summit 2025. This landmark event will bring together some of the world바카라s most influential personalities, including Prime Minister Narendra Modi, billionaire business leaders, and global giants.

The driving force behind this grand event is chief minister Himanta Biswa Sarma who has travelled over 15,000 kilometers, visiting cities like Mumbai, Delhi, Thimphu, Seoul, Tokyo, and Osaka, personally inviting investors to be part of this transformative summit.

Advantage Assam 2.0 is a momentous occasion for the state and chief minister Sarma to realise his long-held vision: attracting substantial investments, invigorating the local economy, creating meaningful employment opportunities for the state바카라s youth, and positioning Assam prominently on the global map as a preferred investment destination.

The Assam chief minister wants to make the state India바카라s leading state with a $12 billion infrastructure investment plan and $4 billion in private investments. He has set an audacious target of raising the state바카라s GDSP to $143 billion by 2030. Speaking at Mumbai Roadshow, Sarma declared, 바카라I have laid down our government바카라s vision of turning Assam into an industrialised state, rolling out the red carpet for industries with a Rs 25,000 crore PLI scheme and customised incentives.바카라 He also highlighted Assam바카라s strategic advantages including access to southeast Asia: within a three-hour flight from Guwahati, businesses can access 30% of the world바카라s population across 14 countries, making the state an ideal hub for trade and cultural exchange. 바카라Assam stands out as one of India바카라s most peaceful destinations,바카라 he added. During his Japan Roadshow, Sarma highlighted that Assam바카라s economy is poised to triple next year, achieving an extraordinary, sustained growth rate of 12.4% and hoped that the state could play a catalytic role in strengthening the economic bond between India and Japan.

The Summit is centred on key sectors such as infrastructure, electronics and semiconductors, aerospace and defence manufacturing, renewable energy and hydrocarbons, tourism, food and beverages, fragrance and Flavors, and mobility and logistics.

The event holds immense national importance as it aligns with PM Modi바카라s vision of prioritising the growth of the northeast region. Since taking office, PM Modi has emphasised the strategic significance of the northeast, often highlighting the neglect it faced under successive governments and the need to bring it into the national mainstream. The NDA government has provided a significant thrust to the region바카라s development through transformative reforms and a focused push on infrastructure, encompassing roads, bridges, railway tracks, and highways.

Assam boasts of unique advantages beyond its strategic geographical significance. Rich in flora, fauna, and abundant natural resources, the state is a treasure trove of opportunity. Digboi, famously known as the birthplace of India바카라s oil industry, saw the country바카라s first oil discovery and production in 1889. Over the decades, oil has played a vital role in contributing to Assam바카라s resources. With a bold, pro-industry outlook, the state is now poised to harness its immense potential and drive transformative growth.

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The state sits on a vast reservoir of natural resources, including hydrocarbons.

CM Sarma has consistently highlighted the critical role of unlocking the hydrocarbon potential of the northeast region in driving development. He has expressed gratitude to the Central government for its collaborative approach to advancing Assam바카라s hydrocarbons industry. Globally, it is well established that increased exploration generates greater opportunities and enhances national wealth.  Assam, too, boasts its own 바카라liquid gold,바카라 poised to transform into prosperity for the state and its people. With over 100 oil fields, the state is home to major oil giants like ONGC, Oil India, Indian Oil, GAIL and Cairn, among others. The potential of ongoing explorations, if realized, could significantly fuel Assam바카라s economic growth. The confidence of private sector players has soared under CM Sarma바카라s leadership, which has been instrumental in creating an environment conducive to investment and development in the hydrocarbons sector.

Other than the hydrocarbons sector, the private sector has demonstrated substantial interest in other sectors also. Tata Group, for instance, is setting up a state-of-the-art, greenfield semiconductor assembly and test facility in Jagi road, with an investment of Rs 27,000 crore. On January 4 this year, Union Minister Ashwini Vaishnav, in a post on his X handle, declared: 바카라2026 바카라 바카라Made in India, Made in Assam바카라 chips for the world!바카라 This bold statement highlights Assam바카라s emergence and the Northeast바카라s growing role in the mainstream of development discourse and action.

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Given these monumental developments, it바카라s no surprise that industrial magnates such as Mukesh Ambani, Gautam Adani, Anil Agarwal, Anand Mahindra, N Chandrasekaran and many others have been invited and are likely to attend the Summit.

For decades, eastern and northern India have often lagged in attracting big-ticket industrial investments. However, Advantage Assam 2.0, thanks to the state government바카라s generous incentives for manufacturers across various sectors, including auto companies from Japan and beyond, could pave the way for a shift in India바카라s manufacturing map, bringing new focus and growth to the eastern and northern regions.

Assam is set to reach a 바카라million crore economy바카라 by 2028. On January 1, the chief minister said, 바카라The GDP of the state was Rs 3.40 lakh crore in 2020-21, and that has risen to Rs 7.12 lakh crore now. At the current growth rate, it is estimated that the GDP will cross Rs 10 lakh crore by 2028.바카라

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However, it wouldn바카라t be surprising if this milestone is achieved ahead of schedule. As Sarma once told me, 바카라I can바카라t stand seeing a stiff target on the scoreboard. I prefer hitting a few sixes, making sure I바카라ve crossed the line well ahead of time.바카라

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