The Advantage Assam 2.0 summit in Guwahati saw investment commitments and announcements worth in upwards of about Rs 5.18 lakh crore, Chief Minister Himanta Biswa Sarma said on Friday, highlighting the key points of the two-day event.
In particular, to attract more investors to Assam, the state government successfully organized the "Advantage Assam 2.0 Investment and Connectivity Summit" on 25th and 26th February 2025 at the Assam Veterinary College grounds in Khanapara, Guwahati.
On February 25, Ashwini Vaishnaw, Union Minister of Railways, Information & Broadcasting and Electronics & Information Technology, during his address at the Advantage Assam 2.0 Investment and Infrastructure Summit at Guwahati, had announced the development of six new Gati Shakti carg
Sonowal attributed the success of the Advantage Assam 2.0 summit to PM Modi's leadership, which has attracted investors from both within India and abroad.
ONGC, which has a longstanding presence in the region, aims to ramp up exploration and production activities to unlock the full potential of the hydrocarbon reserves in Assam and the broader Northeast.
Speaking at the valedictory ceremony of the two-day business summit in Guwahati, the Chief Minister said that the summit will create a vibrant landscape to change Assam from a dependable state to a contributory state that can contribute meaningfully to the transformation of Viksit Bharat.
He said that the investment proposals also include infrastructure-related announcements from the government of India. The Assam CM said that the proposals have been scrutinised for the purpose of signing only those MoUs that would be convertible in the coming three to four years.
The Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal announced an investment of more than Rs 4,800 crore to transform the inland waterways sector of Assam at the Advantage Assam 2.0 in Guwahati, on Wednesday.
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
"The Advantage Assam 2.0 - Investment & Infrastructure Summit 2025" hosted a pivotal session on "Decarbonizing Energy in Assam - Present Scenario", underscoring Assam's commitment to advancing a sustainable, low-carbon energy future.
Highlighting Assam's position on India's energy map, the Chief Minister said that the state contains 12 per cent of the country's natural gas reserves and produces half of India's onshore natural gas. With four operational refineries and a combined refining capacity of 7.45 million metric to