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Home North East

Advantage Assam: Adani, Ambani to invest ₹ 1 lakh Crore

by NC NewsDesk
February 25, 2025
in North East
Advantage Assam: Adani, Ambani to invest ₹ 1 lakh Crore

Industrialists Gautam Adani and Mukesh Ambani pledged to invest ₹1 lakh crore in Assam, as per reports. The announcements from Gautam Adani and Mukesh Ambani came during the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, where earlier today, Prime Minister Narendra Modi delievered the inaugural speech.

Addressing the Advantage Assam 2.0 Summit in Guwahati on Tuesday, Adani Group Chairman Gautam Adani said the conglomerate will invest ₹50,000 crore across various sectors in Assam. The investment will span various sectors, such as airports, aerocity, transmission, cement, gas distribution network and road construction projects in Assam, according to a PTI report.

Further, Reliance Industries (RIL) Chairman Mukesh Ambani also promised ₹50,000 crore investments in the state across five different verticals in Assam over the next five years , PTI said in another report.

Speaking at the Summit, Ambani added, “World will look at Assam as land of growth opportunities. Assam will become a technological paradise in the coming days. Assam’s tech-savvy youth will give new meaning to AI — Assam Intelligence.

”Speaking at the summit, PM Modi on February 25 called Advantage Assam a “grand campaign to connect the world with Assam’s potential and progress”, adding: “History bears witness that Eastern India used to play a significant role in India’s prosperity in the past as well”.

The Advantage Assam 2.0 Investment & Infrastructure Summit 2025 aims to attract investments and boost economic development in Assam. It serves as a platform for businesses and investors to explore opportunities in Assam’s rapidly growing industrial and infrastructure sectors.

PM Modi, along with Union Ministers Dr S Jaishankar, Jyotiraditya Scindia, and Sarbananda Sonowal are attending the event. Also present are a host of industrialists, including Ambani and Adani.

(With inputs from Agencies)

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