Assam Presents Attractive Investment Prospects in Semiconductor, Tourism, and Various Sectors: Chief Minister

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Assam Presents Attractive Investment Prospects in Semiconductor, Tourism, and Various Sectors: Chief Minister

Mumbai, Jan 6 (NationPress) Assam's Chief Minister Himanta Biswa Sarma conducted a promotional roadshow in the financial capital on Monday for the upcoming mega investment and infrastructure summit, set to take place in the state on February 25-26.

He previously engaged in extensive discussions with leading industrialists regarding the future investment strategies for the state.

Sarma informed reporters that he had fruitful conversations with various business groups, including the Tata Group, which has already made considerable investments in the region, including the establishment of a semiconductor manufacturing facility valued at Rs 30,000 crore.

“In addition to this, we are collaborating with Tata Trust in cancer treatment, having set up 17 hospitals in partnership,” Sarma disclosed.

“Assam has the potential to emerge as a central hub for defense production. We are prioritizing the development of this sector within the state. Discussions have been held with prominent industrialists, including the Adani Group, to enhance the defense industry in Assam,” he remarked.

“We currently have five refineries and a flourishing tourism sector. Moreover, our attention will now shift towards attracting investments in new sectors. Significant progress has already been made in semiconductors, technology, and electronics manufacturing. Our aim is to establish a comprehensive ecosystem for semiconductors in Assam,” stated the Chief Minister, emphasizing the crucial role of the upcoming summit in Assam's growth.

When questioned about the potential investments to be announced at the summit, the Chief Minister expressed that he is currently not focused on any specific targets.

CM Sarma has been in Mumbai for three days, engaging with top industrialists. He mentioned that the government is dedicated to positioning Assam as an attractive destination for investors.