Assam is emerging as a key economic hub, attracting both domestic and international investors, according to Assam Minister Ashok Singhal, who addressed the ongoing Advantage Assam 2.0 summit on February 26.
Highlighting the state’s growing appeal, Singhal emphasized that Assam is now a focal point for global investment. “There are a few key takeaways from today’s summit. Assam is a favored investment destination, and not just for Indian investors—foreign investors are also showing keen interest. This confirms that Assam is now firmly on the global investment map,” he stated.
While he refrained from revealing the exact number of Memorandums of Understanding (MoUs) signed, Singhal underscored the increasing confidence among business leaders. “My priority is to ensure that the investing and business communities recognize Assam as a future growth engine. Once people believe in Assam’s potential, everyone wants to be a part of it. If 100 investors have come this time, many more are inquiring about opportunities,” he added.
Singhal stressed the need to establish a robust investment ecosystem, which he believes will trigger sustainable economic momentum. “Once the ecosystem is in place, growth will happen organically. We are at a take-off stage, and from here, the sky is the limit,” he remarked.
The summit has drawn significant international attention, with 60 heads of missions and ambassadors attending—a first for Assam’s investment landscape. “A lot of things are happening for the first time, and that is why I firmly believe that Assam is India’s future growth engine and a top investment destination,” Singhal concluded.
The event is expected to witness participation from several Union ministers, further solidifying Assam’s role in India’s economic roadmap.