Assam Govt Exchanges MoUs Worth Rs 22,900 Cr, Boosting Industrial Growth and Job Creation
First Published: 18th May, 2025 15:50 IST
The investments under #AdvantageAssam2.0 are expected to create a total of 5,953 job opportunities across various sectors
Taking a significant leap towards realising the vision of a Viksit Assam, the Assam Government today exchanged Memorandums of Understanding (MoUs) worth Rs 22,900 crore with a host of investors under the ambitious Advantage Assam2.0 initiative.
The MoUs were signed during the Advantage Assam 2.0 Summit held in Guwahati in February this year, marking a major push for industrial growth and investment in the state.
The move signals robust industrial growth and promising investment opportunities across key sectors in the state.
Key investments include Rs 8,824.72 crore in the Industry, Commerce & Public Enterprises Department, Rs 14,000 crore in the Power Department and Rs 75 crore in the Animal Husbandry and Veterinary Department.
The investments under #AdvantageAssam2.0 are expected to create a total of 5,953 job opportunities across various sectors.
This includes 5,283 jobs in Industry, Commerce & Public Enterprises, 500 jobs in the Power sector, and 170 jobs in Animal Husbandry and Veterinary services.
Chief Minister Himanta Biswa Sarma expressed his gratitude to the investors for their confidence and collaboration.
He reaffirmed the government’s commitment to creating an industry-friendly ecosystem backed by progressive policies and modern infrastructure to accelerate Assam’s economic development.
Highlighting progress, CM Sarma informed that investment commitments worth approximately Rs 23,000 crore have now moved into the execution phase, paving the way for large-scale job creation and sustained economic growth in Assam.
The Assam Government’s proactive approach and the substantial investments mark a transformative phase for the state’s industrial landscape, promising inclusive growth and prosperity for its people.
Also Read: Gaurav Gogoi Out of Anti-Pak MPs Delegation After Assam CM Raises Objection
COMMENTS
TOPMOST STORY NOW
Live Brother of BSF Jawan Deepak Chingakham Who Died in Cross-Border Firing by Pakistan in Jammu Appointed ASI in Manipur Police on Compassionate Grounds
11th July 2025
Live Maikhuli Villagers Protest MoU Over Assam-Meghalaya Border, Demand Return of Fishery
11th July 2025
Live Chhangur Baba Received Rs 500 Crore in Foreign Funds for Illegal Conversions: Anti-Terror Squad
11th July 2025
Live Taiwan Detects 9 Chinese Warships, 1 Aircraft Breaching ADIZ Amid Rising Tensions
11th July 2025
WE RECOMMEND
Shubhanshu Shukla Speaks to Students from Assam and Meghalaya from Space, Tells Them He Will Guide Them To Become Astronauts, Walk on the Moon
The Indian astronaut connected with the students using amateur (Ham) radio, making it a rare and inspiring moment.
11th July 2025
Assam Cabinet Approves Financial Assistance for Class 10 Students, Strict Rules for Hospitals
The amount is intended to help students purchase essential academic and nutritional items.
11th July 2025
Centre Sanctions Rs 1,066 Cr For Flood And Landslide Hit Assam, Manipur, Meghalaya and Mizoram
These states have experienced heavy rainfall, massive flooding, and multiple landslides during this monsoon season.
10th July 2025
Manipuri Community in Assam’s Silchar Stages Protest Demanding Autonomous Council
Manipuri Community in Assam: Demonstrators emphasised that the creation of the council is a constitutional right of the Manipuri community.
10th July 2025
Armed Robbers Loot Assam Businessman of Gold and Lakhs in Cash, Leaves Him Seriously Injured
The incident happened around 2 AM on Wednesday at the house of Junaid Ahmed, a well-known businessman in the area.
10th July 2025