Assam: In a significant boost to Assam’s economic landscape, industrial giants Mukesh Ambani and Gautam Adani have each pledged Rs 50,000 crore in investments during the Advantage Assam 2.0 Summit. This monumental commitment comes as Prime Minister Narendra Modi inaugurated the event, which aims to attract investment proposals exceeding Rs 120 trillion. The summit underscores Assam’s growing importance in India’s economic trajectory, with a focus on technological advancements and infrastructure development.
Both Reliance Industries and the Adani Group have outlined ambitious plans for Assam. Mukesh Ambani’s vision for Reliance Industries involves transforming Assam into a technological powerhouse. This includes setting up an AI-ready center, with the goal of rebranding AI as “Assam Intelligence.” Additionally, Reliance plans to double its retail presence in the state, increasing the number of stores from 500 to 800 over five years. The conglomerate will also establish two world-class biogas hubs, further enhancing Assam’s clean energy capabilities.
Gautam Adani’s announcement highlighted the Adani Group’s commitment to infrastructure development. Their investments will span multiple sectors, including airports, aerocities, city gas distribution, transmission lines, cement production, and road projects. This comprehensive approach is designed to bolster Assam’s infrastructure, create employment opportunities, and enhance the state’s economic potential.
The Advantage Assam 2.0 Summit, with its ambitious targets, is part of a broader strategy to accelerate Assam’s economic development and integrate it into India’s growth trajectory. Chief Minister Himanta Biswa Sarma expressed optimism about the summit’s potential, expecting significant economic growth and the signing of several key memoranda of understanding (MoUs) during the event.
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