Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 investors’ summit in Guwahati, underscoring the role of Eastern India in shaping the country’s economic progress. Addressing the gathering, he said, “Today, as India moves towards rapid development, once again, the Northeast is poised to showcase its immense potential. Advantage Assam is a reflection of this resurgence.”
The two-day summit features an inaugural session, seven ministerial sessions, and 14 thematic sessions, along with an exhibition showcasing Assam’s industrial growth and investment potential. Over 240 exhibitors are participating, highlighting the state’s evolving industries, global trade partnerships, and MSME sector. The initiative aims to attract investments, boost infrastructure, and integrate Assam into India’s economic mainstream while enhancing its role as a trade gateway to Southeast Asia.
Assam’s Role in Economic Growth
Assam has long been a strategic region due to its rich natural resources, geographic location, and skilled workforce. Under Advantage Assam 2.0, the government seeks to unlock new opportunities in agriculture, manufacturing, tourism, IT, and green energy. PM Modi stressed that Assam and the broader Northeast India must be at the forefront of India’s development, leveraging improved connectivity and industrial expansion.
Infrastructure development remains a key priority, with large-scale projects in roadways, railways, airways, and waterways improving access to markets across India and beyond. Assam’s river transport network is being modernized to facilitate seamless trade, positioning the state as a crucial link between India and Southeast Asia under the Act East Policy.
PM Modi highlighted that Advantage Assam 2.0 will focus on fostering startups, MSMEs, and digital innovation, making Assam a hub for entrepreneurship and job creation. The initiative will also strengthen renewable energy projects, particularly in hydropower and solar energy, tapping into the region’s immense potential for sustainable development.
With enhanced foreign investment policies and government incentives, Assam is set to emerge as a global player in multiple sectors. The Prime Minister’s vision ensures that Northeast India is not just a participant but a key driver of India’s economic growth story.
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