Assam CM highlights investment boost at Advantage Assam 2.0, says "challenge will be to convert MoUs into reality"

Guwahati (Assam) [India], February 26 (ANI): Assam Chief Minister Himanta Biswa Sarma emphasized the enthusiasm surrounding Advantage Assam 2.0, highlighting the significant number of Memorandums of Understanding (MoUs) signed during the event. However, he noted that the real challenge lies in translating these agreements into concrete investments.
" We all have seen that everybody is very enthusiastic. We have signed many MoUs. Now the challenge will be to convert these MoUs into reality," said Assam CM while speaking to media.
Sarma further revealed that the summit had attracted foreign investments, with Malaysia, Singapore, and several other nations expressing interest. He also anticipated more investment proposals in the coming months.
" Union Minister Piyush Goyal will attend the valedictory session. We will give a rough estimate of total investment proposals, announcements and other things also...We approved Rs 1.22 lakh crore in the cabinet, but more MoUs have been signed. We will analyse the MoUs," he said.
"Foreign investments have also come, Malaysia, Singapore and many more have shown their interest. I think that in the next 1-2 months more proposals will come," he added.
Notably, on the second and last day of the Advantage Assam 2.0 Investment & Infrastructure Summit, a session titled "The Skies of Tomorrow: Aerospace and Defence Manufacturing in Assam" was held at Khanapara Veterinary College field in Guwahati on Wednesday.
This session explored Assam's potential in the aerospace and defence manufacturing sector with a dynamic lineup of policymakers, industry leaders, and innovators. As the keynote speaker, Rupesh Gowala, Minister for Labour Welfare, Tea Tribes and Adivasi Welfare, and Home(Prisons, Home Guards and Civil Defense), Government of Assam, reaffirmed the government's commitment to fostering an ecosystem that supports aerospace and defence manufacturing in the state.
He highlighted that under the visionary leadership of Chief Minister Himanta Biswa Sarma, Assam is rapidly growing and on its way to becoming a hub for aerospace and defence manufacturing. He also mentioned that initiatives like Make in India and Atmanirbhar Bharat are driving self-reliance and positioning India as a global defence manufacturing hub.
Gowala further stated that the Government of Assam has recently introduced the Assam Aerospace & Defence Manufacturing Policy, 2025, which presents compelling opportunities for both domestic and global defence manufacturers. He invited investors, manufacturers, startups, and technology leaders to collaborate in shaping India's future aerospace and defence manufacturing hub. (ANI)