HT Bureau
GUWAHATI, June 5: Assam chief minister Himanta Biswa Sarma on Wednesday claimed that several initiatives have been taken by the current dispensation to attract industrialists in the state that has resulted in investment of Rs 50,000 crores in the last three years.
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According to Sarma, Assam is turning fast into an investment hotspot with setting in of
permanent peace in the state and region.
“In the last 3 years, several businesses have expressed their desire and started their ventures in Assam with investments exceeding over Rs. 50,000 cr,” he added.
Sarma said that the state government has given monetary and policy support to startups along with mentorship to encourage local entrepreneurs and many success stories have emerged from the grassroots.
The ruling government has also been providing customised incentives to large
businesses investing over Rs 100 cores and till date 13,365cr worth of investments have materialised and another 20 proposals are in pipeline, said the chief minister.
He also mentioned that Assam witnessed its largest ever private investment worth
Rs 27,000 crores by Tata Electronics to set up a semiconductor plant in Jagiroad locality which will create around 30,000 jobs.
Sarma further said that in the last three years, the state has witnessed a big push in terms of investments.
“Over the last 3 years, several initiatives have been undertaken to establish Assam as an industrial hub and a red carpet has been laid for industries to come & invest in Assam.
The result? Over ₹50,000cr of investments in various sectors including a semiconductor plant,” the chief minister said in a post to his X handle.
