Assam: The Assam government, in collaboration with FICCI as its industry partner, hosted a high-profile roadshow in Mumbai on January 6 as a precursor to the ‘Advantage Assam 2.0’ business conclave scheduled for February 25-26. The event aims to position Assam as a premier destination for investment and infrastructure development in India.
Chief Minister Himanta Biswa Sarma, on a three-day visit to Mumbai, met with leaders of India Inc. to discuss strategic collaborations ahead of the conclave. “For the next three days, I’ll be in Mumbai to meet the leaders of India Inc and explore areas of mutual collaboration for the upcoming #AdvantageAssam 2.0 Summit,” Sarma wrote on X. He extended invitations to prominent industrialists, describing Assam as a “land of limitless opportunities.”
The Advantage Assam conclave will be inaugurated by Prime Minister Narendra Modi and is expected to showcase Assam’s economic achievements, including its 19.1% GSDP growth in FY 2024. The summit will emphasize Assam’s emergence as a leading investment destination, supported by its pro-business policies, robust infrastructure, and strategic location.
During the Mumbai roadshow, Sarma held productive discussions with CEOs from various Tata Group entities, expressing optimism about deepening the partnership between Assam and the Tata Group. Meetings were also scheduled with leaders from conglomerates such as Larsen & Toubro, Mahindra Group, and Adani Airports, along with organizations like Sun Pharma, HDFC Bank, HUL, Luxmi Tea, Welspun Group, DMART, and Piramal Group. These interactions focused on exploring opportunities in sectors such as electronics, aerospace, renewable energy, pharmaceuticals, food processing, and hydrocarbons.
“Assam is poised to become a major contributor to India’s economic growth story,” Sarma said, emphasizing the state’s vision to double its GSDP to USD 143 billion by FY 2029-30. He noted that the government’s focus on manufacturing, IT, renewable energy, and tourism will not only boost the state’s economy but also create employment opportunities for its youth.
Sarma also highlighted Assam’s strategic initiatives to attract global investment, including roadshows in countries like the UAE, UK, Malaysia, Thailand, South Korea, Japan, and Singapore. This international outreach aims to establish Assam on the global investment destination map. Notably, Bhutan Prime Minister Tshering Tobgay is expected to attend the Guwahati conclave, further strengthening regional ties.
The Mumbai roadshow served as a significant step in Assam’s journey toward economic transformation, inviting industry leaders to join hands in shaping the state’s dynamic investment ecosystem. With a focus on innovation, streamlined governance, and access to capital, the state is laying the groundwork for a robust business environment that supports sustainable growth.
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