Guwahati: Assam Chief Minister Himanta Biswa Sarma has unveiled an ambitious economic vision, targeting a Gross State Domestic Product (GSDP) of USD $143 billion by 2030.
Speaking to over 80 business leaders during a recent interaction, Sarma highlighted Assam’s potential to emerge as a critical economic hub in India, underpinned by record-breaking investments and transformative infrastructure initiatives.
The state achieved a significant milestone in 2024, securing private investments worth USD $4 billion—the highest in Assam’s history.
This achievement reflects the state’s growing appeal among domestic and international investors, signaling a shift in its economic narrative.
Highlighting Assam’s investment potential, the Chief Minister reiterated his government’s commitment to creating an environment conducive to global business collaborations.
Central to Assam’s economic strategy is a USD $12 billion infrastructure investment plan, which aims to revolutionize transport networks, establish industrial corridors, enhance energy infrastructure, and modernize urban facilities.
These developments are expected to enhance connectivity and strengthen the state’s position as a gateway to Southeast Asia.
Sarma emphasized that these infrastructure projects, alongside key policy reforms, would improve the ease of doing business, making Assam an attractive destination for global enterprises.
The Chief Minister also pointed out the state’s competitive advantages, including its rich natural resources, strategic location, and skilled workforce. He noted that the government’s focus on economic reforms and industrial development has been instrumental in positioning Assam as a leading contender for global investments. “Assam is set to be India’s next economic powerhouse. Our USD $12 billion infrastructure investment plan presents a huge opportunity for global firms,” said Sarma, inviting international businesses to partner in the state’s growth journey.
With a clear roadmap and strategic focus, Assam is poised to unlock its vast economic potential and redefine its role in India’s economic landscape.
By fostering investments and driving infrastructure growth, the state aims to usher in a new era of prosperity, positioning itself as a key player in the nation’s development.