Advantage Assam 2.0 Wraps Up With Record Rs 4.91 Lakh Crore Investment And Infrastructure Proposals

The two-day Advantage Assam 2.0 Investment and Infrastructure Summit 2025 concluded on 26 February with investment and infrastructure proposals amounting to Rs 4.91 lakh crore across multiple sectors, Chief Minister Himanta Biswa Sarma announced.

"Advantage Assam 2 has successfully concluded today. The two day summit witnessed record investment and infrastructure proposals worth ₹4,91,500cr My gratitude to all the industrialists who have reposed their faith in Assam and its policies guided by the visionary leadership of Hon'ble Prime Minister Narendra Modi ji," Sarma said in a post on X.

The summit witnessed leading industrialists, including Mukesh Ambani and Gautam Adani, announcing investments of Rs 50,000 crore each, PTI reported.

Among the key agreements, the state government inked a Rs 3,000 crore Memorandum of Understanding (MoU) with Virinchi Limited to establish a 200 MW data centre, along with another Rs 200 crore pact with Virinchi Healthcare Private Limited to set up a 500-bed super-specialty hospital.

Cement manufacturing received a significant boost with Star Cements Ltd signing a Rs 3,200 crore agreement to develop a cement clinker and grinding plant through its subsidiary Star Cement North East Ltd.

The state also signed a Rs 1,500 crore MoU with Matheson Hydrogen Pvt Ltd for setting up a 95 KTPA Hydrogen and Steam Generation Plant, marking a significant stride towards green energy development.

Meanwhile, UltraTech Cement committed Rs 700 crore towards a grinding unit and cement-bulk terminal, while Copper Plus Holdings SAC pledged Rs 1,000 crore towards mining exploration and services.

Luxury and tourism development also saw a boost with Tamara Leisure Experiences Private Limited investing Rs 275 crore in a five-star eco-resort in Kaziranga, aiming to bolster Assam’s tourism infrastructure.

Varun Beverages Limited committed Rs 510 crore towards a new manufacturing plant for carbonated soft drinks, fruit juices, and fruit pulp-based beverages, further expanding its footprint in the state.

Sarma expressed gratitude towards the industry for its continued support, posting on X, "Grateful to all industry leaders for their continued trust and confidence in the Assam Growth Story."

The first day of the summit alone saw 164 MoUs signed across 15 sectors, including major domestic investors such as Adani Group, Tata Power, JSW Energy, Oil India Limited (OIL), ONGC, and NRL.

The summit also attracted four international non-financial MoUs, including a collaboration with the Bill & Melinda Gates Foundation for developmental initiatives in health and agriculture.

Additionally, an MoU with Singapore’s Ministry of Trade and Industry was signed to enhance nursing talent skills cooperation, while ASEAN One Co Ltd, Japan, agreed to set up a skill training institute, and Spice Lemon announced a Japanese language institute.

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