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Assam CM Pushes for Action on Rs 5.18 Lakh Crore Investment Commitments

Himanta Biswa Sarma meets industry leaders in New Delhi, advancing plans to implement pledges from Advantage Assam 2.0 summit.

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Overview

  • Assam Chief Minister Himanta Biswa Sarma met with top industrialists, including Vedanta Chairman Anil Agarwal and ITC Hotels MD Anil Chadha, to discuss fulfilling investment commitments made during the February Advantage Assam 2.0 summit.
  • Vedanta Group expressed interest in expanding its presence in Assam's hydrocarbon sector, with Agarwal reaffirming the company's commitment to the state's growth.
  • ITC Hotels indicated a strong interest in exploring opportunities in Assam's hospitality sector, signaling potential expansion in the region.
  • The Assam government is preparing a comprehensive six-month roadmap to translate the Rs 5.18 lakh crore in investment commitments into actionable projects, focusing on land allocation, ease of doing business, and incentives.
  • Sarma is set to hold one-on-one meetings with industry leaders on May 26 to finalize implementation strategies, aiming to position Assam as a leading industrial hub in Northeast India.