HomeLatestAssam Unveils ₹1 Lakh Crore Infrastructure Plan to Attract Global Investors

Assam Unveils ₹1 Lakh Crore Infrastructure Plan to Attract Global Investors

Assam Unveils ₹1 Lakh Crore Infrastructure Plan to Attract Global Investors

Assam is making ambitious strides to establish itself as a key economic player in India with the unveiling of a ₹1 lakh crore infrastructure development plan. Chief Minister Himanta Biswa Sarma presented this comprehensive blueprint during a high-profile gathering that included diplomats from 36 countries, such as ASEAN, BIMSTEC, and several European nations. The state aims to accelerate industrialisation and attract global investors with a host of transformative infrastructure projects.

Among the major proposals in the plan are the construction of three new bridges across the Brahmaputra River, which will enhance connectivity within Assam and between neighboring regions. In addition, a satellite city near Guwahati, to be built in collaboration with Singapore, signals the state’s commitment to modernising urban spaces and creating world-class infrastructure. Another notable project is the establishment of a new railway connection linking Guwahati to Gelephu, Bhutan, which will foster stronger trade and connectivity with the neighboring country.

The Assam government has also set its sights on green energy, with new industrial projects—such as the upcoming Tata semiconductor plant at Jagiroad—being required to adopt renewable energy sources. This initiative is a key part of the state’s vision to become a leader in environmentally conscious industrial development. The ₹25,000 crore corpus fund dedicated to industrialisation will support diverse sectors, including logistics, tourism, and food processing, ensuring the state is equipped to meet its growth ambitions. Sarma highlighted Assam’s impressive 12.5% growth rate and emphasised that the state possesses both the skill and resources to fulfil its vision. Assam’s strategic location as a gateway to the Bay of Bengal and ASEAN countries presents vast opportunities for investment in sectors like tourism, food processing, and logistics. To further boost investor confidence, Assam is preparing to host the Advantage Assam Summit 2.0 in February, where industry leaders will explore investment opportunities in the state. In a unique cultural showcase, 8,000 dancers will perform the traditional Jhumur dance ahead of the summit, celebrating Assam’s rich heritage.

Union Minister for Commerce and Industry Piyush Goyal’s participation in the investors’ roundtable underscores the central government’s strong support for Assam’s infrastructure push. In addition to its industrial focus, the state is investing heavily in education, with institutions like IIT, AIIMS, and IIM planned to bolster human capital development. The North East Skill Centre’s initiative, aimed at training 10,000 youths, will ensure a skilled workforce to support the growing economy. With its strategic location, robust infrastructure plans, and commitment to green energy and education, Assam is poised to become a prominent destination for global investors in the coming years. The state’s combination of economic foresight, rich cultural heritage, and infrastructural ambition is set to transform it into a hub for industrial growth and global investment.

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