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‘Assam set to become economic powerhouse in India’

Himanta holds meeting 80 business leaders in Osaka

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HT Bureau

GUWAHATI, Jan 23: Chief Minister Himanta Biswa Sarma on Thursday said that Assam would eventually become the next economic powerhouse in India.

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He said while attending a meeting with at least 80 business leaders in Osaka during the visit to Japan in order to promote the state’s potential to become a hub of investments.

“Assam is set to be India’s next economic powerhouse. Our USD $12 billion infrastructure investment plan is a huge opportunity for global firms. In 2024 we secured a private investment of USD $4 billion, the highest ever,” Sarma said on a post made on X.

He argued that the business community in Japan is interested in investing in India and the community possesses the highest regard for Prime Minister Narendra Modi.

“I was thrilled to see the excitement amongst Japan’s business community for India and the huge respect for the leadership of the Hon’ble Prime Minister. On behalf of the people of Assam, I have invited Osaka’s vibrant business community to join #AdvantageAssam2,” Sarma added, saying that the state government has fixed a target to take Assam’s GSDP to more than 140 billion dollars in the next five years.

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The CM’s socials mentioned, “During my interaction with over 80 business leaders, I conveyed our target to take Assam’s GSDP to USD $143 billion by 2030.”

Meanwhile, the chief minister looked forward to partnering with a leading Japanese firm for the upcoming semiconductor manufacturing unit in Assam.

He mentioned, “During my visit to the Micron Memory facility today, I interacted with Mr Joshua Lee, the company’s Vice President and invited them to be a part of Assam’s semiconductor growth story. Jagiroad’s Electronic Township is on the precipice of becoming a global semiconductor hub and firms like Micron, which is a pioneer in FAB technology, can immensely strengthen our semiconductor value chain.”

Sarma also met Lekh Raj Juneja, the awardee of Pravasi Bharatiya Samman this year conferred by the Indian government.

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“Engaged in a very productive discussion with Lekh Raj Juneja, CEO, Kameda Seika and invited him to explore opportunities in Assam’s rapidly growing food sector. The State already has a well-established ecosystem for the industry with specialised food parks and major companies already running their operations,” Sarma’s X post stated.

“We look forward to taking this momentum further with other companies joining the bandwagon. I also congratulated Shri Juneja on being recently conferred with the Pravasi Bharatiya Samman Award 2025,” he added.

To recall, the Assam government is set to host an investment summit—Advantage Assam in the next month. Prime Minister Narendra Modi will kickstart the summit.

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The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
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