Advantage Assam 2.0 concludes on a high note: Piyush Goyal highlights future growth & investment prospects

Guwahati, Feb 26: The Advantage Assam 2.0 Investment & Infrastructure Summit concluded on a promising note, with Union Minister of Commerce and Industry Piyush Goyal delivering the valedictory session in Guwahati. His participation in the session “The Future of Export Logistics in Assam” underscored the state’s growing significance in India’s trade, technology, and investment landscape.

In his address, Goyal emphasized the role of infrastructure development in boosting tourism while maintaining ecological balance. He highlighted the need for sustainable, high-value tourism that enhances Assam’s economy without compromising its rich natural heritage. Recognizing Assam’s deep-rooted tea industry, he also applauded the “Jhumoir” initiative, which was attended by Prime Minister Narendra Modi in Guwahati.

The Union Minister acknowledged Assam’s emerging role in the technology sector, citing major projects like Tata’s semiconductor industry and Reliance Industries’ AI ventures, which are expected to significantly impact the region’s economy. He outlined the 3 Ts (Trade, Technology, Tourism) and 3 Is (Industry, Infrastructure, Investment) as key drivers of Assam’s future development.

On the educational front, Goyal highlighted the establishment of 18 new medical colleges and the introduction of foreign language programs in universities to prepare students for global opportunities. He praised the government’s focus on innovation, research, and development, reinforcing Prime Minister Modi’s vision for Viksit Bharat.

Goyal described Assam as a “dependable and progressing” state, attributing its success to strong leadership, abundant resources, and an investor-friendly environment. He lauded Chief Minister Himanta Biswa Sarma, calling him a “man with a heart of gold”, and commended his dedication to Assam’s welfare, aligning with the national growth agenda.

During the session, Goyal unveiled the summit’s souvenir, “Celebrating Assam’s Investment Growth Story”, showcasing the state’s thriving entrepreneurial ecosystem and investment potential.

In his keynote address, Chief Minister Himanta Biswa Sarma outlined Assam’s strategic roadmap for economic growth, emphasizing sustainable investments, industrial expansion, and business-friendly policies. He detailed Assam’s transformation into a regional economic powerhouse, citing initiatives that have bolstered trade, infrastructure, and industrialization.

Representatives from major institutions, including the Asian Development Bank, World Bank, New Development Bank, International Finance Corporation, NRL, Tata Electronics, FICCI, PepsiCo India & South Asia, and Century Ply, expressed strong commitment to investing in Assam. Their insights reinforced the growing confidence in Assam’s economic potential.

The valedictory session brought together key policymakers, business leaders, and international financial institutions to discuss transformative strategies for Assam’s trade and investment ecosystem. With strong leadership, strategic infrastructure expansion, and a surge in investor interest, Advantage Assam 2.0 cemented the state’s journey toward becoming a major trade and industrial hub in India.

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