It can be noted that during the event, the Assam government signed an agreement with a total amount of Rs. 229 million.
Salma called the day an important milestone in Assam’s economic transformation process. He said agreements for 20 major projects in various departments were signed, involving investments of a total of Rs. 229 million represents a major progress in the national development goals.
He noted that the successful conclusions of the Assam 2.0 summit contributed to the establishment of a favorable industrial development environment in Assam with Prime Minister Narendra Modi and several industrialists from all over the country.
He further noted that at the summit, a memorandum of understanding was signed to meet the proposed investment of the Rs. 5.18 billion million in the entire investment and infrastructure sector.
Speaking about recent advances, he mentioned that the state government has initiated the implementation of three major infrastructure-related projects. Regarding the first, he informed Prime Minister Narendra Modi that plans to lay the foundation for the Narengi-Kurua Bridge on the Guwahati Ring Road in September this year, with an estimated cost of Rs. 78 million. He also noted that the Guwahati-Silchar access-controlled highway has been approved by the union cabinet and the budget is Rs. The chief minister said the state government received investments totaling Rs. after the advantages of the Assam 2.0 initiative. The infrastructure industry has a 30 billion billion million and expresses confidence that this number may further increase in the near future.
He further mentioned that at the Asparts Assam 2.0 summit, multiple agreements were signed in the public and private sectors. As a result, the implementation of 20 major projects involving the total investment has begun. Based on the memorandum of understanding signed in the event, there are 229 million. In Matia in Goalpara, Kohinoor Pulp and Paper Private Limited and RPN Specialty Private Limited are building two major paper mills with investments of Rs. 18 billion, construction projects have begun. SKJ Clean Enviro Ventures Limited plans to establish a plastic recycling plant in Changsari with Rs’ investment. The project is expected to begin in December this year.
He refers to the memorandum of understanding signed with Matheson Hydrogen, he added that the agreement has also been completed with three ethanol production companies. He said significant progress has been made in projects conducted by Kamakhya Biofuels, Gulshan Polyols, Aadhar Green and Cis Biotech. Additionally, he said Tihu’s Brahmaputra Breweries project has also made great progress.
Sarma said the work has begun on Megashree, Meghatop and the largest cement project that has invested in the rupees. 28 million. In the hospitality industry, various plans are underway to include Shailaja LLP, Downtown Hospital (Marriott’s courtyard) and Jonali Constructions Private Limited (Marriott Resort & Spa).
He noted that a memorandum of understanding had been signed for the Tata Gateway Project in Jagiroad. Given the ongoing semiconductor projects in the region, the Tata Portal is expected to develop into an important initiative.
He also said the state government is building a strong green energy production ecosystem in Assam through partnerships with businesses and private enterprises in the central public sector. He stressed that the development of solar energy projects in collaboration with SJVN for Tezpur and Bilasipara is underway. The company has signed a memorandum of understanding to produce 200 megawatts of solar energy, investing Rs. 10 million. He further pointed out that Assam’s green energy sector reached two major agreements. One is the ATPC Limited developing a 250 MW battery energy storage system (BESS) project, and the other is the establishment of a 100 MW solar power facility at NLC India Limited (NLCIL) in Rongpangbong, West Karbi Anglong. An additional memorandum of understanding was signed with Hinduja Renewables Energy Private Limited for the development of Pumped Storage Project (PSP). Following the advantages of the Assam Summit, the agreement totaled Rs. Infrastructure sector and rupees of 2 billion crore. The industrial sector has signed $2.2 trillion. The implementation of the Namrup Fertilizer Factory Project is also underway. He concluded that investments worth rupees were worth. 3.2 million billion and infrastructure projects totaled Rs. The Rs 30 billion crore of the Assam initiative is currently being implemented.
The Chief Minister said similar events are planned to be held from September to October this year, during which other major investment agreements are expected to be completed. He added that by the end of the year, the state government is expected to be able to carry out several industrial projects. He stressed that, besides large industries, sustainable employment creation also requires the development of small businesses and sectors, such as livestock, gardening and dairy farms. He noted that Amul is expected to generate 20,000 jobs through investment in Rs. 750 million. A memorandum of understanding has been signed with the National Dairy Development Board of Dhemaji, Dibrugarh and Jorhat, with a target output of 300,000 liters. The initiative is expected to begin operation in September. He further mentioned that a fourth project agreement with Amul had been signed for additional milk production. Currently, Assam produces about 1.3 million liters of milk per day, with a long-term goal of increasing that number to 1 million liters per day in the next four to five years. He noted that the current efforts are aligned with this goal and asked Amul to establish two other projects within the state. He reiterated that the Assam government will provide full support and assistance for this purpose. Furthermore, he noted that Tata started two projects – Gujarat, another in Jagiroad, and observed that Jagiroad’s projects were progressing faster than Gujarat.
Sarma said that the development of any country needs to be incorporated into innovative ideas. Based on this goal, a new department called Entrepreneurship and Innovation was established in the previous budget. Financial support totals Rs. under MASI launch plan. 20 million have been provided to 24 emerging startups. These entrepreneurs have received grants under the category, such as launching a business for expansion, from ideas to proof of concept, patent reimbursement and GST reimbursement. He noted that these startups are involved in areas including biotechnology, clean technology and advanced innovation. He further pointed out that young people from the state are getting patents and applying their ideas to advances in real fields. In addition, he mentioned that individuals from outside the state also showed interest in working in the incubation center in Assam.
The chief minister said the state government has established a land bank to facilitate the distribution of land to interested investors. He added that the necessary infrastructure is being developed to support this goal and several major projects, which signed the Memorandum of Understanding during Assam, are expected to be implemented by September to October. He noted that the progress made by the industrial sector in the Assam initiative was the result of infrastructure and industry-friendly policies adopted by the state. To promote industrial development, a supportive ecosystem has been established, including land allocation, logistics park development, reliable power supply and digital single window clearance systems. He further pointed out that after the signing of Mous under the advantage of Assam, relevant departments within the state government have been working to ensure the implementation of these agreements.
