Adani, Ambani, and Agarwal Pledge INR 50,000 Crore Each for Assam’s Economic Growth

Assam is set to witness a massive influx of investments, with industrial giants Gautam Adani, Mukesh Ambani, and Anil Agarwal each committing INR 50,000 crore towards the state’s development.

The announcements were made at the Advantage Assam 2.0 Investment and Infrastructure Summit held in Guwahati, which saw participation from top business leaders and policymakers.

Adani Group Chairman Gautam Adani announced that the company’s investment would span multiple sectors, including airports, aerocities, city gas distribution, power transmission, cement, and road infrastructure projects. He emphasised the group's commitment to Assam, stating, “Assam is on a path to greatness, and we, at the Adani Group, are honoured to walk this path alongside you. This is our commitment, this is our vision, and this is the promise we make today—to you, to Assam, and to the future we will build together.”

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, highlighted five key areas of investment: clean energy, food and non-food industries, bamboo, consumer durable retail, and hotels. He also pledged support for Sualkuchi’s silk industry, reinforcing the company’s dedication to Assam’s traditional sectors.

Vedanta Group Chairman Anil Agarwal committed INR 50,000 crore over the next three years, covering both Assam and Tripura. He praised the state’s strategic location, pro-investment policies, and expanding infrastructure as key factors driving economic growth.

Tata Sons Chairman Natarajan Chandrasekaran underlined Assam’s potential in technology, particularly with the Assembly, Testing, Marking, and Packaging (ATMP) facility being developed by Tata Electronics at Jagiroad. He also assured further investments in green energy and mobile chip manufacturing.

Furthermore, Sajjan Jindal, Chairman and Managing Director of JSW Group, pledged investments in renewable energy and thermal power to support Assam’s growing energy needs.

Chief Minister Himanta Biswa Sarma welcomed the commitments and urged industrialists, investors, and entrepreneurs to explore Assam’s vast investment opportunities across various sectors. He assured them that the state is prepared to be a reliable investment partner, offering a conducive business environment and long-term growth potential.

The summit, attended by global investors, policymakers, and industry leaders, served as a catalyst for unlocking Assam’s economic potential through strategic investments in infrastructure, energy, and technology.