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240 MOUs Worth Rs 1.22 Lakh Crore to be Signed During Advantage Assam 2.0: CM Himanta Biswa Sarma

First Published: 23rd February, 2025 18:28 IST

Another 2,590 MOUs worth Rs 15,911 crore will be signed at the district level

Advantage Assam 2.0, the mega infrastructure and investment summit scheduled to be held in Guwahati on February 25-26 is going to see the signing of MOUs worth Rs 1.22 lakh crore, Assam Chief Minister Himanta Biswa Sarma said today.

“The 240 MOUs which have been cleared by the Cabinet today are those which have come to the Assam Government. Many leading industry leaders like Mukesh Ambani, Gautam Adani and Anil Agarwal of the Vedanta Group would like make announcements regarding investing in Assam. That will be separate from these MOUs”, CM Sarma said addressing the media after the Cabinet meeting.

The Chief Minister who is working towards making Assam the growth engine of India and among the top five states of the country said that the Cabinet in its meeting today reviewed the over 1500 MOU proposals that the state had got and rejected MOUs worth Rs 45,000 crore. “The Cabinet found these MOUs to be flimsy and non-serious,” the CM said.

The MOUs will cover almost all sectors of business and industry starting from handlooms and textiles to power, infrastructure, technology, education and finance.

While the 240 MOUs are being signed at the Advantage Assam venue in Guwahati, 2,590 MOUs worth Rs 15,911 crore will be signed at the district level. MOUs of upto Rs 50 crore will be signed at the district level.

The summit that will be inaugurated by Prime Minister Narendra Modi will be attended by top captains of Indian industry – Mukesh Ambani, Anil Agarwal, Gautam Adani, Sajjan Jindal, Prashant Rui, Savitri Jindal, Anil Chalamalasetty besides 61 heads of states.

Business delegations from Singapore, Korea, Taiwan, Malaysia, Thailand, Australia and Indonesia will be there along with investors from Bhutan.

A big and important delegation from Bhutan will be led by its Agriculture Minister.

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