PM Modi at Assam Investment and Infrastructure Summit 2025

Prime Minister Modi inaugurated the Assam Investment and Infrastructure Summit 2025 in Guwahati on Tuesday, with the goal of promoting innovation and sustainable growth in the region. Significant investment announcements were made, with both Reliance and the Adani Group pledging Rs 50,000 crore each in Assam. Prominent business leaders in attendance included N Chandrasekaran, Sajjan Jindal, Prashant Ruia, Anil Agarwal, and Anil Kumar Chalamalasetty. High-profile delegations from various countries such as Australia, South Korea, Singapore, Malaysia, Taiwan, Indonesia, Thailand, Bhutan, and Japan also participated. Union ministers S Jaishankar, Jyotiraditya Scindia, Ashwini Vaishnaw, Sarbananda Sonowal, and Pabitra Margherita were present, with Union Minister of Road Transport and Highways Nitin Gadkari addressing a session virtually.

A Mega Campaign for Assam

During his address, Prime Minister Modi stressed the significance of the summit, stating, “The land of Eastern India and the Northeast is embarking on a new future today.” He described the initiative as a substantial campaign aimed at connecting the global community with Assam’s potential and progress. Modi noted that Eastern India historically has played a vital role in India’s prosperity and that the region is poised to demonstrate its strength as India advances.

Praise was given to India’s increasing trade relationships worldwide, with Modi stating, “India is fortifying its local supply chains and entering into free trade agreements with various regions globally. Our ties with East Asia are growing stronger, and the India-Middle East-Europe Economic Corridor is unveiling new opportunities.” Furthermore, he highlighted Assam’s growing contributions to the Indian economy and the role of the BJP government in this advancement, emphasizing that Assam’s economy has expanded from approximately Rs 2.75 lakh crore in 2018 to Rs 6 lakh crore now, showcasing the efficacy of the double-engine government.

On the topic of the growing semiconductor sector, he noted, “Assam is becoming a key hub for semiconductor manufacturing. Tata Semiconductor’s assembly and technology facility recently opened in Jagiroad, Assam, which will foster technological advancement throughout the North East.”

Assam’s Economic Growth Projections

Chief Minister Himanta Biswa Sarma stated that Assam’s economy is projected to reach USD 143 billion by 2030 during the opening ceremony of the two-day summit. He encouraged investors to contribute to the state’s economic progress and outlined the state’s evolution from instability to stability. “The state’s GDP is anticipated to grow by 15.2 percent this year, reaching USD 143 billion by 2030,” he asserted. Sarma reassured potential investors that a conducive and supportive environment for industries in Assam would be guaranteed.

Further crediting Prime Minister Modi for the state’s advancements, Sarma remarked, “Assam has experienced significant turmoil and insurgency over the decades. Since 2016, the state has transformed. Under the Prime Minister’s guidance, Assam has become peaceful once again. Today, I can confidently assert that the state, once the most troubled in the nation, has now evolved into the most peaceful state.”

Reliance’s Major Investment Announcement

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, declared at the summit that the company plans to invest more than Rs 50,000 crore in Assam over the next five years. He emphasized the company’s commitment to enhancing the state’s development, particularly in technology and digital sectors. “In the coming years, Reliance will more than quadruple its investment in Assam to over Rs 50,000 crore,” Ambani stated.

Adani Group’s Commitment to Assam

The Adani Group also revealed plans to invest Rs 50,000 crore in a variety of infrastructure projects across Assam, which includes the development of airports, aero cities, city gas distribution networks, transmission infrastructure, cement manufacturing units, and roadways. Gautam Adani, the head of the Adani Group, expressed, “It is this vision of progress that we are enthusiastic about being part of. Therefore, I take great pride in announcing the Adani Group’s commitment to invest Rs 50,000 crore in Assam.”