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Assam Emerges as India's Growth Engine Under Modi's Leadership, Says CM

Assam Chief Minister Himanta Biswa Sarma, speaking at the World Economic Forum in Davos, declared the state has "finally arrived" as a key growth engine for India. He attributed Assam's remarkable transformation to Prime Minister Narendra Modi's Act East Policy, improved infrastructure, and investor-friendly reforms. The state is leveraging its traditional hydrocarbons sector while aggressively pursuing green energy and a new semiconductor manufacturing ecosystem. Sarma invited global investors to capitalize on long-term opportunities in what is now India's fastest-growing economy.

Key Points: Assam: India's Fastest-Growing Economy & Investment Hub

  • Fastest-growing state economy in India
  • Driven by PM's Act East Policy
  • Building semiconductor ecosystem
  • Green energy and hydrocarbons balance
  • Infrastructure links to Southeast Asia
2 min read

Assam poised as 'growth engine' to India's economic leap: CM Sarma

Assam CM Himanta Sarma at Davos declares state as India's growth engine, driven by Act East Policy, infrastructure, and a new semiconductor push.

"Assam has finally arrived - Himanta Biswa Sarma"

Davos, Jan 20

Assam Chief Minister Himanta Biswa Sarma on Tuesday said that India is steadily advancing towards becoming the world's third-largest economy under the leadership of Prime Minister Narendra Modi, with Assam emerging as a major beneficiary of the Centre's development-focused approach.

Addressing reporters on the sidelines of the World Economic Forum Annual Meeting in Davos, Sarma said Assam has undergone a remarkable economic transformation, driven largely by the Prime Minister's Act East Policy.

He noted that the state has now become the fastest-growing economy in the country, as reflected in the latest data released by the Reserve Bank of India.

The Chief Minister said Assam's traditional strength in the hydrocarbons sector continues to provide a strong economic foundation, while parallel progress is being made in green and renewable energy.

He added that large-scale infrastructure development, improved connectivity with Southeast Asian markets and a series of investor-friendly reforms have repositioned Assam as a key growth hub in the Northeast.

Declaring that "Assam has finally arrived," Sarma invited global investors and industry leaders to view the state as a destination offering long-term opportunities.

He stressed that the government remains committed to balanced, sustainable and inclusive growth.

Meanwhile, Assam's ambition to develop a semiconductor ecosystem also figured prominently at Davos.

In a post on X, the Chief Minister said private players have generated strong momentum for Assam's semiconductor plans and added that the state government is keen to strengthen the ecosystem by partnering with leading global players.

Sarma noted that meetings with global semiconductor leaders were expected to help advance discussions, even though no specific agreements have been finalised yet.

- IANS

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Reader Comments

P
Priya S
Hope this growth is inclusive and reaches the grassroots. We often hear about big investments in Davos, but the real test is whether it improves life for farmers, small shopkeepers, and daily wage workers in Assam. Sustainable growth must mean development for all, not just cities.
R
Rohit P
Connecting with Southeast Asia is a game-changer. Assam's location is its biggest asset. Better roads, railways, and digital connectivity can make it a logistics hub. This is the kind of forward-thinking we need. Kudos to the state and central leadership!
S
Sarah B
As someone who has visited Assam, the natural beauty is breathtaking. I'm glad to hear the focus is on green energy alongside development. It's crucial that economic growth doesn't come at the cost of the environment, especially in such an ecologically sensitive region.
V
Vikram M
The semiconductor plan is ambitious and very welcome. We need to reduce our dependence on imports for such critical components. If Assam can pull this off, it will be a massive strategic and economic win for India. Fingers crossed the discussions in Davos lead to concrete deals.
K
Karthik V
While the vision is good, execution is key. We have seen many MoUs signed at such forums that later gather dust. The government must ensure a transparent and efficient system to actually attract and retain these global investors. Ease of doing business on the ground matters more than speeches in Davos.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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