'New future for northeast from today': PM Modi inaugurates 'Advantage Assam 2.0' as Adani, Ambani invest big

Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Infrastructure and Investment Summit 2025 on Tuesday in Guwahati, aiming to foster innovation and sustainable development in the state.
Also, announcing significant investments, Reliance and Adani group each announced Rs 50, 000 crore investments in the Assam.
Business leaders such as N Chandrasekaran, Sajjan Jindal, Prashant Ruia, Anil Agarwal, and Anil Kumar Chalamalasetty were also present at the summit. High-level delegations from countries including Australia, South Korea, Singapore, Malaysia, Taiwan, Indonesia, Thailand, Bhutan, and Japan also participated.
Additionally union ministers S Jaishankar, Jyotiraditya Scindia, Ashwini Vaishnaw, Sarbananda Sonowal, and Pabitra Margherita also attended the summit, while union minister of road transport and highways Nitin Gadkari addressed a session virtually.

PM Modi addressed the crowd, citing the importance and significance of the summit. "The land of Eastern India and the Northeast is going to start a new future today," he said.
"Advantage Assam is a mega campaign to connect the entire world with the potential and progress of Assam. History is witness that even earlier Eastern India had a huge role in the prosperity of India. Today, when India is moving towards development, once again our North East is going to show its strength," he added.

Hailing India's trade ties across globe, PM added, "Today, India is strengthening its local supply chains and engaging in free trade agreements with different regions around the world. Our connections with East Asia are getting stronger, and the India-Middle East-Europe Economic Corridor is creating new opportunities."
PM Modi also talked about Assam's contribution to Indian economy and role of BJP government in that. He claimed that "Assam's contribution is growing larger. In 2018, the first edition of Advantage Assam was launched. Back then, Assam's economy was approximately Rs 2.75 lakh crore, now it stands at Rs 6 lakh crore. This means that under the BJP government, Assam’s economy has doubled in six years. This shows the double effect of a double-engine government."
Further talking about the growth of semiconductor production he said, "Assam is emerging as an important hub for semiconductor manufacturing. Recently, Tata Semiconductor’s assembly and tech facility was launched in Jagiroad, Assam. This plant will promote technological growth across the entire North East."

By 2030, Assam's economy will reach $143 billion, according to chief minister Himanta Biswa Sarma's statement during the opening ceremony of the two-day 'Advantage Assam 2.0 Investment and Infrastructure Summit'. He invited investors to participate in the state's economic advancement . Sarma highlighted the state's transformation from being highly troubled to becoming exceptionally stable.
"The state's GDP growth this year will be 15.2 per cent. The economy will reach USD 143 billion by 2030," he claimed. "I can assure you today that we will ensure the best working and congenial atmosphere for establishing industries in Assam. Please come and invest here," Sarma added.
Further giving credit to PM Modi for the development in the state, the CM said, ""Assam, in a way, has witnessed unprecedented agitation and insurgency for decades. After 2016, Assam experienced a rebirth. Under the leadership of the Prime Minister, Assam has become a peaceful state. Today, I can confidently say that the state, which was once considered the most disturbed in the country, has now become the most peaceful state in our nation."

Reliance Industries Limited (RIL) will invest more than Rs 50,000 crore in Assam within the next five years, as announced by Chairman and MD Mukesh Ambani at the Summit.
Ambani highlighted the company's enduring dedication to advancing the state's growth, with specific focus on technology and digital domains.
"In the coming years, Reliance will more than quadruple its investment in Assam to over Rs 50,000 crore," Ambani said.

The Adani Group has unveiled plans to invest Rs 50,000 crore across various infrastructure projects in Assam, including developments in airports, aero cities, city gas distribution networks, transmission facilities, cement manufacturing units and roadways.
The declaration came from Gautam Adani, who heads the Adani Group.
During the summit, Gautam Adani said: "It is this vision of progress that we are eager to be part of. Therefore, it is with great pride that I announce today the Adani Group's commitment to invest Rs 50,000 crore in Assam."