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Thursday, April 24, 2025

Districts in state attract lucrative investments during Advantage Assam 2.0

Investments aims to strengthen economy

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HT Bureau

GUWAHATI, Feb 25: The inauguration of Advantage Assam 2.0 in Guwahati saw slew of MoUs signed across the state attracting investments worth crores of rupees on Tuesday.

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The district administration in collaboration with DICC on Tuesday signed MoU with 59 investors or businessmen from Dima Hasao district at Cultural Institute Hall, Haflong.

 District commissioner, Simanta Kr Das, ACS and NCHAC, principal secretary Partha Sarathi Jahari, ACS were present during the occasion

The potential groups such as Goldstone Cement Pvt Ltd will be establishing their cement factory in Dima Hasao for which an MoU value of Rs 35cr was signed while others in the list included business for home-stay, livestock farms etc. It is expected that this platform would provide an opportunity for the new business and growth in the district.

District commissioner Das in his speech thanked the Prime Minister and chief minister for coming up with such initiative which can take the state to the great heights of opportunities in terms of prosperity and making the Assam the industrial hub throughout the nation. DC stated that a total amount of Rs 50.9 cr MoU was signed on Tuesday with 59 investors of various different segments. He further asserted that any person finding any difficulty during the process of their work may approach the office of the district commissioner or the office of the Industry.

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Our Sivasagar Correspondent adds: DC Ayush Garg inaugurated the Advantage Assam 2.0 Investment and Infrastructure Conference opening doors to 51 investors in various sectors in the district.

 The MoU was signed with the government of Assam at district level by the department of agriculture, department of industry and commerce, department of fisheries, department of tourism.  The meeting was attended by the additional commissioner of Sivsagar District Minakshi Parmei, election officer Barnali Khatiwara, assistant commissioner Ganesh Boro, and the officers of the line department

Our Dhubri Correspondent adds: Altogether Rs174.09 crore worth of investments have been committed by 56 investors under the Advantage Assam 2.0 initiative in Dhubri.

The investments span across key sectors, aiming to drive economic growth and generate employment opportunities in the state, informs Dhubri district commissioner, Dibakar Nath.

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The Industries sector led the investment push, with Rs168.43 crore from 26 investors, targeting ventures such as ice cream manufacturing, chips and sweets production, rice and flour mills, mustard oil units, stone crushers, plastic recycling, steel furniture, multiplexes, cold storage, diagnostic centers, bakeries, and malls.

The Veterinary sector, backed by Rs1.45 crore from five investors, will focus on poultry, piggery, and dairy farming. The Agriculture sector will receive R 1.05 crore from five investors, supporting vermicompost, seed production, millet food products, rice milling, and chili processing units.

Traditional industries will also benefit, with six investors committing Rs 69 lakh to the Handloom sector, focusing on the manufacturing of Assamese textiles such as Mekhla, sarees, and gamocha. Under ASRLM (Assam State Rural Livelihood Mission), eight investors have pledged Rs 57 lakh for ventures including mushroom cultivation, bamboo products, disposable plates, prawn farming, and vermicompost production.

Subsequently, the Fisheries sector, with an investment of Rs1.9 crore from six investors, will establish dry fish units, fish species farming, boating, angling, fish feed production, and fish farming.

Meanwhile, the live streaming programme of Advantage Assam 2.0 Investment and Infrastructure Summit, 2025 was held at the conference hall of DC office Dhubri which was presided over by DC and ADCs, administrative officers along with the concerned departmental officers, entrepreneurs, investors, etc. were also present in the meeting and MOU was signed between the investors and entrepreneurs, businessesmen etc. DC said that the entire purpose of the said programme is to build a healthy eco system for supporting the economic and financial status of the state.

Nature Harvest Agro processors Pvt Limited has invested about Rs 93 crore and a 70 megawatt solar project at Khudigaon , Bilasipara also has a major investment which will have about 1 lakh 88 thousand solar panels.

This wave of investment under Advantage Assam 2.0 marks a significant step towards industrial expansion and rural development, strengthening Assam’s position as a hub for entrepreneurship and economic progress. Authorities have assured full support to investors, ensuring a smooth implementation of these projects to maximize their impact on the state’s economy.

Our Dibrugarh Correspondent adds: A total of 191 investors in Dibrugarh have expressed interest in signing MoUs with the Assam Government, proposing an investment of Rs 1,640 crore in the district.

As part of this initiative, a special MoU signing event was held at the Dibrugarh District Library Auditorium for investors planning investments between Rs 5 lakh and Rs 50 crore.

District commissioner Bikram Kairi highlighted Assam’s improving economic landscape, stating that the state’s rich natural resources make it an attractive destination for investors.

The event was attended by district commissioner Bikram Kairi, CEO of the Zila Parishad Bipul Kumar Das, district development commissioner Anup Kumar Brahma, additional district commissioner Nandita Barua, and Sonmoni Choudhury, In-charge chief manager of the Dibrugarh District Industries and Commerce Centre, along with other officials from various government departments and registered investors.

Our Jorhat Correspondent adds: Altogether 76 intending   investors of the district on Tuesday signed memorandum of understanding (MoU) with the industries, commerce and public enterprises department for investment of a total amount of Rs 586 crore.

The signing ceremony between the investors and administration was held at the Jorhat Engineering College auditorium at the district level programme in connection with the two days Advantage Assam 2.0 Summit that got off to a start in Guwahati on Tuesday.

A district administration official informed that the proposed investment in various sectors of MSME by the industrialists was from between Rs 5 lakh to Rs 50 crore.

The investors signed the MoUs with the district commissioner Jay Shivani and other district administration and Titabor co- district officials.

At the same programme officials from different banks ceremonially distributed loan sanction letters to 24 industrialists to the tune of Rs 9.11 crore.

Shivani along with other district administration, Thengal Kachari Autonomous Council, bank and DIC officials addressed the gathering and urged them to go ahead with their ventures.

The DC on behalf of the administration assured all necessary support to the industrialists to carry out their enterprises.

Earlier the inaugural session of Advantage Assam 2.0 Summit which was attended by Prime Minister Narendra Modi was live streamed at the venue.

It may be mentioned that on February 10 a workshop in connection with Advantage Assam 2.0 summit was organised with the proposed venue at the same venue.

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