Guwahati, May 14 (IANS) Assam Chief Minister Himanta Biswa Sarma said on Thursday that more than 60 per cent of the investment commitments received during the Advantage Assam 2.0 business summit are now in advanced stages of implementation, with several projects already becoming operational.

The Chief Minister reviewed the status of the proposed investments and added that the state government is working to ensure faster execution of projects that were announced during the summit held in February this year.

Taking to social media platform X, Chief Minister Sarma said: “Advantage Assam 2.0: In February 2025 under this initiative, Assam received investment commitments of over Rs 5 lakh crore. Today, I examined the status of these projects and I’m happy to report that over 60 per cent of investment commitments are in advanced stages of implementation, with some already operationalised.”

He also added that directions have been issued to departments concerned to fast-track implementation so that the proposed investments translate into industrial growth, employment generation and infrastructure expansion in the state.

“In the coming months, I will personally reach out to industry captains and all stakeholders to ensure these investments materialise in totality. Once done, these will be game changers for Assam,” the Chief Minister said.

‘Advantage Assam 2.0’ is the state government’s flagship investment promotion initiative aimed at positioning Assam as a major industrial and business destination in the Northeast and eastern India.

The summit brought together leading industrial groups, investors, policymakers and global business representatives to explore opportunities in sectors including energy, infrastructure, green technology, semiconductors, logistics, tourism, agriculture, food processing and information technology.

The ‘Advantage Assam 2.0’ summit which was held in February last year is seen as a continuation of the earlier Advantage Assam summit launched in 2018, which had focused on attracting both domestic and foreign investments into the state.

Officials said the latest edition of the summit witnessed investment proposals from several major corporate groups across diverse sectors, reflecting growing investor confidence in Assam’s improving connectivity, policy environment and strategic location as a gateway to Southeast Asia.

The Assam government has been emphasising infrastructure development, ease of doing business reforms and industrial corridor expansion to accelerate economic growth and generate employment opportunities for the youth of the state.

–IANS

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