In a remarkable display of industrial commitment, several prominent business leaders, including Mukesh Ambani (CMD of Reliance Industries), Natarajan Chandrasekaran (Chairman of Tata Sons), Gautam Adani (Chairman of Adani Group), Anil Agarwal (Chairman of Vedanta Group), Sajjan Jindal (CMD of JSW Group), and Prasant Ruia (Director of Essar), among several others took part in Advantage Assam 2.0 to announce a series of investment initiatives that promise to reshape the State’s industrial landscape.
Reliance’s Commitment of Digital Transformation
Reliance Industries Chairman Mukesh Ambani has pledged to make Assam “tech ready and AI ready,” and announced to establish an AI-ready data centre in the state, “Jio has made Assam not only 2G-mukt but 5G-yukt. Reliance will now focus on high-performance computing infrastructure, the AI-ready data centre aims to support various sectors—empowering students with AI-assisted teachers, aiding doctors with AI-driven diagnostics, and revolutionising agriculture with AI-assisted farming. AI will enable Assam’s youth to learn from home and earn from home.”
Additionally, Ambani shared the group’s plan to invest over ₹50,000 crore in the next five years in the State.
Tata’s Ambitious Expansions
Tata Group Chairman Natarajan Chandrasekaran said, “The spirit of One team, one dream from the Government of Assam and the Tata Group has enabled the progress of the projects at a very fast pace. Assam has set a benchmark of good governance, transparency and listening to industry as a key differentiator for fostering industrial growth.”
Tata Group unveiled plans to establish a large-scale electronics and mobile technology manufacturing facility in Assam, “After the semiconductor plant, we want to bring another major facility to Assam. The group also decided to create at least 5,000 skilled manpower for the next seven years to fulfil the industry’s demands.”
Meanwhile, the Tata group signed a ₹30,000 cr Memorandum of Understanding (MoU) with the Government of Assam for a 5,000 MW project in the State.
Adani’s Infrastructure Investment
Chairman of Adani Group, Gautam Adani has announced to invest ₹ 50,000 cr and focus on infrastructure development across sectors such as gas distribution, road projects, airport development, etc, “I have known no recent first time Chief Minister who has ignited such hope and then transformed that hope into action and remarkable progress. From the bold vision of semiconductor manufacturing to the strategic linkages across the Brahmaputra River, I see lifelines of progress, bridges to prosperity, and pathways to a brighter future. It is this vision of progress that we are eager to be a part of.”
Vedanta Eyes Hydrocarbon
Chairman of mining major Vedanta Group Anil Agarwal said, “Assam is abundant in natural resources and has the potential to become the world’s mega basin. With an investment exceeding ₹ 50,000 cr, we will produce 100,000 barrels of oil and gas per day from Assam making it a dominant hydrocarbon hub, while creating direct and indirect employment opportunities for 1 lakh youths.” Agarwala further added, “Vedanta’s focus goes beyond people. Through its operations in Assam, the company aims to protect biodiversity, preserve local culture, and produce energy to fuel the nation’s growth.”
JSW to Untap Power
JSW Group Chairman Sajjan Jindal said, “We are looking into investment opportunities in the cement manufacturing, renewal & thermal power sectors in the State. We will invest in the largest thermal power plant here, which will help meet power requirements for fast-paced development.”
Essar’s Focus on Renewable Energy
Director of Essar Prasant Ruia highlighted Assam’s dual blessings “Liquid Gold” of its oil and gas reserves and the “Green Gold” of its tea and bamboo industries. Essar is looking to strengthen its presence in Assam across various sectors, particularly in clean energy. The group signed a ₹2,100 crore MoU for investment in renewable energy, including solar power, battery storage and coal bed methane.
