After a hiatus of 7 years, the State is all set to host another mega investor meet. The two-day Advantage Assam 2.0, beginning on February 25, will be much bigger than its previous edition.
Advancing with the sole objective of transforming the State into a vibrant investment hub, the Chief Minister is working tirelessly to ensure the event’s success. With his strategic vision and tireless commitment, over the last two months, he has been travelling distances to accelerate Assam’s economic growth by attracting global investment and positioning the State as a leading player in India’s economic landscape.
The Chief Minister started the New Year visiting India’s financial capital, Mumbai, where he met corporate bigwigs and business tycoons.
He met Tata Group CEOs, including Chairman N. Chandrasekaran, where they discussed Advantage Assam 2.0 and Assam’s investment potential. On the second day, the Chief Minister met chairman, Tata Trusts, Noel Tata and his son Neville Tata and expressed his gratitude for the Trusts’ investment in Assam. He also invited them to the Advantage Assam 2.0 summit.
He then had an enriching discussion with Aalok Shanghvi, Executive Director of Sun Pharma (the world’s fourth-largest specialty generic pharmaceutical company), regarding investment opportunities in Assam’s pharmaceutical sector.
As part of the tour, he met the Chairman of Mahindra Group Anand Mahindra. He appreciated the latter’s passion for industrialisation and his intellectual prowess, expressing Government of Assam’s keen interest in partnering with the Mahindra Group to expedite the pace of industrialisation in the State.
In a highly appreciative note, Mahindra posted on X, “I have long believed that we all have a duty to bring the Northeast into the mainstream of our economic development. That will pay enormous dividends in terms of enhancing both our economy and our security. I normally don’t allocate Sundays for work, but this meeting was a privilege and also thoroughly enjoyable. The HCM Himanta Biswa is a scintillating conversationalist!
Dr. Sarma also met the CEO of L&T S.N. Subramanyan and invited him to the upcoming Investment and Infrastructure Summit. He stressed that with several high value ongoing infra projects in the State, Assam is a magnet for infra companies. He also held a meeting with the Chairman of Welspun Group BK Goenka and highlighted the wonderful opportunities Assam offers in the heavy industries and textile sectors.
A meeting with the CEO of HDFC Bank Sashidhar Jagdishan was also held where the Assam Chief Minister elaborated on the efforts the State Government is undertaking to formalise Assam’s economy, particularly by prioritising DBT and highlighted that with a skilled and disciplined workforce in place, Assam also offers several opportunities to Bharat’s growing banking industry. Potential collaborations with HDFC across various sectors was also discussed.
He met representatives of Hindustan Unilever Rohit Jawa, Dev Bajpai and Yogesh Mishra and MD Luxmi Tea Rudra Chatterjee to drive home ‘Brand Assam’ and ways to boost Assam’s tea industry.
In his meeting with the Adani scion, Jeet, Dr. Sarma expressed gratitude at the group’s keen interest to explore opportunities in the infrastructure, power and defence sectors in Assam.
“I am happy to see our State feature prominently in the Group’s expansion plan,” the CM stated.
A high-profile roadshow was also organized in Mumbai where Chief Minister emphasized Assam’s unique single-line investment policy and invited investors to the February summit, promising a tailored, supportive business environment. “With ambitious goals to double its GSDP to $143 billion by FY 2029-30 and foster cross-border trade with ASEAN and SAARC nations, Assam is positioning itself as a key economic player in the region.”
Taking his social media, CM posted, “At the Advantage Assam2 Roadshow in Mumbai today, I laid down our Govt’s vision of turning Assam as an industrialised State and laying the red carpet for industries with a ₹25,000 cr PLI scheme and customised incentives on offer.”
