Assam emerging global investment hub: CM Sarma on Davos outreach (Lead)
Davos, Jan 21
Assam Chief Minister Himanta Biswa Sarma on Wednesday said the state's participation at the World Economic Forum Annual Meeting in Davos as part of "Team Bharat" reflects India's evolving growth narrative, where every region is now positioned as a credible destination for global investment.
Speaking to the media after concluding his engagements at Davos, Sarma said Assam's presence at the global platform underlined India's transition towards balanced and inclusive economic development.
He noted that international investor attention, which was once concentrated on a few Indian states, is now expanding across the country, with Assam emerging as a strong contender.
"When a state like Assam represents India on a global stage, it sends a message that the country is speaking for all its regions and not just a select few," the Chief Minister said.
Sarma asserted that India has reached a stage where any state has the capacity to attract, absorb and sustain investment.
Assam's participation at Davos, he said, reinforced this confidence among global investors.
Highlighting the state's changing economic profile, the Chief Minister said Assam, traditionally known for tea and hydrocarbons, is now diversifying into high-growth and future-oriented sectors.
These include fertilisers and chemicals, semiconductors and allied ecosystems, electronics manufacturing, green energy and new energy solutions.
He said the state government held extensive interactions with both global and domestic investors over the past two days and signed several memoranda of understanding aimed at accelerating Assam's economic growth in the coming years.
Describing the visit as highly productive, Sarma expressed satisfaction with the outcomes of the meetings. He said the discussions at Davos had laid a strong foundation for translating investor interest into concrete projects and long-term economic benefits for the state.
"The visit has been extremely useful. We engaged with many investors and signed important MoUs. We are confident these engagements will result in tangible investments for Assam," the Chief Minister added.
— IANS
Reader Comments
As someone who has worked in international development, this is a significant shift. Moving beyond tea and oil into semiconductors and green energy shows strategic vision. The key will be execution and ensuring local communities benefit from the investments.
MoUs are signed with great fanfare, but we need to see them become real factories and offices. Past promises haven't always materialized. I'm hopeful but cautious. The government must ensure transparency in these deals.
Finally! The potential of the Northeast is immense. If Assam becomes a hub, it can transform the entire region's economy. Focus on green energy is especially promising. Hope they also invest in skill development for local youth.
"Team Bharat" representing at Davos is a powerful statement. It shows India's growth story is now inclusive. Attracting investment to Assam will help bridge the development gap with other states. Jai Hind!
Good step, but the proof is in the pudding. We need to see these MoUs convert into ground-breaking ceremonies and then into operational units. Also, development must be sustainable and not harm Assam's beautiful ecology.
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