Guwahati, Feb 25 (NationPress) On the first day of the second edition of Advantage Assam 2.0 Investment and Infrastructure Summit 2025 held in Guwahati, the state has achieved investment commitments amounting to Rs 1,24,335 crore through 28 Memoranda of Understanding (MoUs), as reported by officials on Tuesday.

The MoUs, executed in the presence of Assam's Chief Minister Himanta Biswa Sarma during the summit, span various sectors, including infrastructure, renewable energy, healthcare, education, and skill development.

The Adani Group announced a monumental investment of Rs 50,000 crore in Assam, marking one of the highest investment pledges by a corporate entity in the state.

Addressing attendees at the summit, Gautam Adani, Chairman of the Adani Group, indicated that the investment will encompass airports, aero-cities, city gas distribution, power transmission, cement, and road projects, significantly enhancing infrastructure development and job creation in the region.

"Assam is on a path to greatness, and we at the Adani Group are privileged to join you on this journey. This is our commitment, our vision, and the promise we make today -- to you, to Assam, and to the future we will create together," stated Gautam Adani.

Likewise, Mukesh Ambani, Chairman of Reliance Industries, unveiled an investment of Rs 50,000 crore aimed at accelerating growth in Assam and transforming it into a technological hub.

Other prominent conglomerates of India have also committed substantial investments in Assam, including Vedanta Group (Oil and Gas Sector), PNB Investment Services Ltd. (Alternate Investment Fund in Assam), Tata Power, Greenko Energies, JSW Energy, and Welspun New Energy (Renewable Energy and Pump Storage Projects), DP World (Development of Gati Shakti Infrastructure), Welspun World (High-quality pipes and water storage tanks), and Essar Group & AM Green (India) Pvt Ltd. (Sustainable Energy and Infrastructure Projects).

The summit also highlighted significant international collaborations.

Singapore’s Ministry of Trade and Industry partnered to enhance nursing talent and skills development.

The Bill and Melinda Gates Foundation committed to collaborative projects in health and agriculture, while Japan’s ASEAN One Co. Ltd. intends to establish a skills training institute in Assam.

A number of Japanese organizations, including Meiko Career Partners, Spice Lemon, and MIRAI Japanese Learning Center, have also agreed to set up a Japanese language institute in the state to aid workforce development.

The education and healthcare sectors are poised to receive considerable boosts in investment.

The second day of the summit is anticipated to garner additional investment commitments.

Chief Minister Sarma emphasized Assam's journey from conflict to stability, attributing this progress to effective governance and leadership.

He projected that Assam's economy is on track to achieve $143 billion by 2030, inviting investors to take advantage of the state's favorable business environment.

The Advantage Assam 2.0 Summit, inaugurated by Prime Minister Narendra Modi, seeks to promote innovation and sustainable development, establishing Assam as a pivotal player in India's economic framework.