Guwahati, February 28: The recently concluded Advantage Assam 2.0 Investment and Infrastructure Summit has garnered investment commitments worth ₹5,18,205 crore, accounting for approximately 80% of the state’s projected Gross Domestic Product (GDP) of ₹6.43 lakh crore by March, Chief Minister Himanta Biswa Sarma announced on Friday.
Addressing a press conference in Guwahati, Sarma stated that the evaluation of these investment proposals will commence in the upcoming financial year, with a structured roadmap for execution to be developed over the next six months. He emphasized that each proposal would undergo a detailed analysis before final agreements are signed to ensure effective implementation.
“It is not necessary that all Memorandums of Understanding (MoUs) will translate into actual investments. Typically, the success rate of implementation stands at around 50%. However, I am hopeful that we will achieve an 80% implementation rate, which would propel Assam into the league of leading states in the country,” Sarma said.
The Chief Minister acknowledged potential challenges in securing land for projects and offering incentives but assured that the government is committed to resolving these issues over time.
Sarma attributed the strong investor response to Prime Minister Narendra Modi’s call for industrialists to invest in Assam, underscoring the state’s growing appeal as an investment destination.
With the government set to initiate the groundwork for project execution, Assam is poised to witness significant industrial and infrastructural growth in the coming years.
