<p>Guwahati: Efforts to end Assam's two major impediments -- militancy and agitations -- seems to be paying dividends with investors from across the country and abroad on Tuesday signing MoUs for investments worth over Rs 1.50 lakh crore in order to push the northeastern state's growth and create more jobs.</p><p>This was the largest investment plan Assam received so far. </p><p>From Tata Sons to Ambani, Adani and Jindal groups, several prominent industrialist players on Tuesday announced big investment plans in Assam during the Advantage Assam 2.0 Investment and Infrastructure Summit, here in Guwahati, in the presence of Prime Minister Narendra Modi, foreign minister S. Jaishankar and others. </p>.Assam to have $143 billion economy by 2030: Himanta.<p>Reliance Group Chairman Mukesh Ambani and Gautam Adani of Adani Group announced investments of Rs 50,000 crore each in the next five years. Tata Group, which is setting up the state's first semi-conductor assembling plant in the outskirts of Guwahati at Jagiroad, also signed an MoU worth Rs 30,000 crore for new investments. </p><p>The state government said sectors like semi-conductors, electronics, healthcare, renewable energy and tourism attracted maximum investments. </p><p>Assam had received over Rs 68,000 crore investment proposals during a similar investment summit organised in 2018. But all did not materialise on the ground mainly due to problem of insurgency and agitations. The state government signed pacts with insurgent groups like pro-talks group of ULFA in 2024 and a few others in order to restore peace. CM Himanta Biswa Sarma had earlier said this was the right time to attract investments as militancy was almost over and the state did not witness a state-wide bandh in the past three years. </p><p>Addressing the investors, Prime Minister Narendra Modi said amid the global uncertainty, experts were certain about India's growth story, and the northeastern region, including Assam, was fast emerging as a significant partner in the country's growth story. </p>.Assam turning into destination for start-ups, to become manufacturing hub for NE soon: PM Modi.<p>"There has been significant improvement in law and order situation in the past few years due to signing of several peace agreements and resolutions to end border disputes with the neighbouring states. Youths in Assam today are working hard to push development and so the state is emerging as the country's gateway to South East Asian nations," Modi said. </p><p>Chief Minister Sarma said this was the biggest investment offer Assam witnessed in the past 76 years. "From being the most disturbed state to being the most peaceful state today, Assam has taken a big leap towards peace. I invite more companies to invest in Assam. We assure them best environment and incentives for doing business with ease," Sarma said. </p><p>Praveer Sinha, CEO and MD of Tata Power, told DH that the company would generate 5000MW of renewable and clean energy with investment of Rs 30,000 crore in five years. The company has helped 50 big tea estates in Assam to convert to solar energy and plans to take another 100 tea estates on board. </p><p>"We will install 300 electric charging stations for EVs along the highways in Assam. We will also provide hydel power to Assam from our two plants in Bhutan, one 650MW and another 1100MW," he said. </p>
<p>Guwahati: Efforts to end Assam's two major impediments -- militancy and agitations -- seems to be paying dividends with investors from across the country and abroad on Tuesday signing MoUs for investments worth over Rs 1.50 lakh crore in order to push the northeastern state's growth and create more jobs.</p><p>This was the largest investment plan Assam received so far. </p><p>From Tata Sons to Ambani, Adani and Jindal groups, several prominent industrialist players on Tuesday announced big investment plans in Assam during the Advantage Assam 2.0 Investment and Infrastructure Summit, here in Guwahati, in the presence of Prime Minister Narendra Modi, foreign minister S. Jaishankar and others. </p>.Assam to have $143 billion economy by 2030: Himanta.<p>Reliance Group Chairman Mukesh Ambani and Gautam Adani of Adani Group announced investments of Rs 50,000 crore each in the next five years. Tata Group, which is setting up the state's first semi-conductor assembling plant in the outskirts of Guwahati at Jagiroad, also signed an MoU worth Rs 30,000 crore for new investments. </p><p>The state government said sectors like semi-conductors, electronics, healthcare, renewable energy and tourism attracted maximum investments. </p><p>Assam had received over Rs 68,000 crore investment proposals during a similar investment summit organised in 2018. But all did not materialise on the ground mainly due to problem of insurgency and agitations. The state government signed pacts with insurgent groups like pro-talks group of ULFA in 2024 and a few others in order to restore peace. CM Himanta Biswa Sarma had earlier said this was the right time to attract investments as militancy was almost over and the state did not witness a state-wide bandh in the past three years. </p><p>Addressing the investors, Prime Minister Narendra Modi said amid the global uncertainty, experts were certain about India's growth story, and the northeastern region, including Assam, was fast emerging as a significant partner in the country's growth story. </p>.Assam turning into destination for start-ups, to become manufacturing hub for NE soon: PM Modi.<p>"There has been significant improvement in law and order situation in the past few years due to signing of several peace agreements and resolutions to end border disputes with the neighbouring states. Youths in Assam today are working hard to push development and so the state is emerging as the country's gateway to South East Asian nations," Modi said. </p><p>Chief Minister Sarma said this was the biggest investment offer Assam witnessed in the past 76 years. "From being the most disturbed state to being the most peaceful state today, Assam has taken a big leap towards peace. I invite more companies to invest in Assam. We assure them best environment and incentives for doing business with ease," Sarma said. </p><p>Praveer Sinha, CEO and MD of Tata Power, told DH that the company would generate 5000MW of renewable and clean energy with investment of Rs 30,000 crore in five years. The company has helped 50 big tea estates in Assam to convert to solar energy and plans to take another 100 tea estates on board. </p><p>"We will install 300 electric charging stations for EVs along the highways in Assam. We will also provide hydel power to Assam from our two plants in Bhutan, one 650MW and another 1100MW," he said. </p>