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Assam Secures Investments Exceeding Rs 11,000 Crore In 2023: Assam CM Himanta Biswa Sarma

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HT Bureau

GUWAHATI, Jan 5: In a significant economic boost, Assam witnessed investment proposals surpassing Rs 11,000 crore in 2023, signaling a potential creation of more than 10,000 jobs, said chief minister Himanta Biswa Sarma.

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Terming the year as a “landmark” for Assam’s industrial growth, Sarma attributed this success to the state’s conducive investment environment and a groundbreaking customized incentive policy.

“In 2023, Assam saw a record investment proposal of over Rs 11,000 crores with proposed generation of more than 10,000 jobs due to our path-breaking customised incentive policy,” he wrote on micro-blogging site X on Thursday.

He further said that these customised incentives specifically target “mega projects” requiring a minimum investment of Rs 100 crore and generating a minimum of 200 permanent jobs, further encouraging substantial economic growth in the region.

Highlighting key aspects of the scheme, Sarma revealed that 17 investors have expressed interest, collectively proposing an investment of Rs 11,753.7 crore.

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“The capital investment is estimated at Rs 8,775.5 crore, with the potential to create 10,906 direct and indirect jobs,” he added.

Sarma also outlined various incentives offered under the scheme, including a power subsidy of Rs 77.1 crore, electricity duty reimbursement of Rs 31.77 crore, and a capital subsidy of Rs 282.25 crore.

 

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