Advantage Assam / Ambani-Adani are impressed with Assam, will spend double than Tata Group

Advantage Assam: In the 'Advantage Assam' summit held in Assam, the country's leading industrialists have announced large-scale investments. In this conference, Mukesh Ambani's Reliance Industries, Gautam Adani's Adani Group, Vedanta Group and Tata Group announced to invest heavily in Assam. These investments will give a new direction to the economic development of the state and create new employment opportunities.

Adani Group invests Rs 50,000 crore

Adani Group chief Gautam Adani announced that his group will invest Rs 50,000 crore in Assam. This investment will be made in important sectors like airports, aerocity, city gas distribution network, power transmission, cement and road construction. Adani said that the development of Assam is among his priorities and this investment will help in accelerating the economic growth of the state.

Reliance Industries' big bet in digital and energy sector

Reliance Industries Chairman Mukesh Ambani also announced an investment of Rs 50,000 crore in Assam. He said that this investment will be made in preparing the state for digital and AI (artificial intelligence), green and nuclear energy, food and non-food supply chain, and expansion of Reliance retail stores. Ambani also informed that the investment of Rs 5,000 crore announced in the 2018 conference has now increased to Rs 12,000 crore and this investment will increase manifold in the next five years.

Vedanta Group's big step in oil and gas sector

Vedanta Group Chairman Anil Agarwal announced an investment of Rs 50,000 crore in the oil and gas sector of Assam and Tripura. He informed that the group's company Cairn Oil and Gas has already invested Rs 2,500 crore in this sector. This investment will produce 1,00,000 barrels of oil and gas per day in the region and one lakh youth will get direct and indirect employment.

Tata Group's electronic manufacturing unit

Tata Group Chairman Natarajan Chandrasekaran announced an investment of Rs 25,000 crore in Assam. This investment will be made in setting up an electronic manufacturing unit in the state. He said that Tata Group will work closely with the state government in the green energy sector and promote solar rooftop and renewable energy production.

Tata Group is already providing employment to 55,000 people in Assam and operating 17 cancer care hospitals. Apart from this, a semiconductor unit is being set up in Jagiroad at a cost of Rs 27,000 crore, which is likely to create 30,000 jobs.

Conclusion

These announcements made at the Advantage Assam Summit clearly show that Assam is on its way to becoming one of the fastest growing states in India. These investments in various sectors will not only strengthen Assam's infrastructure but will also provide employment opportunities to thousands of people. This conference will play an important role in giving a new direction to the economic future of Assam.