Key Points

Assam is on the brink of a major economic transformation with its Advantage Assam 2.0 Investment Summit. The state has already received over 1 lakh investment proposals, significantly exceeding initial expectations. Prime Minister Narendra Modi is set to attend the summit, which aims to create extensive job opportunities beyond the government sector. Chief Minister Himanta Biswa Sarma's strategic discussions in Singapore, particularly in semiconductors and urban development, further underscore the state's ambitious growth plans.

Key Points: Modi to Witness Ranoj Pegu's Assam Investment Summit Milestone

  • Assam receives 1 lakh investment proposals targeting economic diversification
  • PM Modi to attend Advantage Assam 2.0 Summit
  • Semiconductor industry discussions with Singapore leaders
  • Electronic City project in Jagiroad planned
3 min read

Already received intent letters of over 1 lakh proposals: Assam Minister Dr Ranoj Pegu ahead of Advantage Assam 2.0

Assam reveals over 1 lakh investment proposals for Advantage Assam 2.0, promising economic transformation and youth opportunities

"Right now, our job opportunities are limited to the government sector - Dr. Ranoj Pegu"

Guwahati, February 12

As preparations intensify for the upcoming Advantage Assam 2.0 Investment and Infrastructure Summit 2025, Assam Education Minister Dr Ranoj Pegu shared key details about the event, which promises to be a game-changer for the state's economy.

Speaking to ANI, Dr Pegu stated, "Preparation is going on in full swing. Prime Minister Narendra Modi will arrive in Assam on the 24th of February to witness the Mega Jhumur demonstration and then participate in the plenary session of the Advantage Assam Investment Summit the next day."

He added that the state is receiving a remarkable amount of interest from investors, with over 1 lakh investment proposals already received, far surpassing the initial target. "We initially thought of getting around 1 lakh investment proposals, but we have already received intent letters of over 1 lakh proposals," said the minister, highlighting the success of the summit's outreach efforts.

Dr. Pegu emphasized that the summit would open a floodgate of opportunities for the youth of Assam, particularly by addressing the region's reliance on the government sector for employment. "Right now, our job opportunities are limited to the government sector due to the lack of industrialization, and this summit will open a floodgate of opportunities for youth," he noted.

Meanwhile, Assam Chief Minister Himanta Biswa Sarma held discussions with leaders from the semiconductor industry in Singapore on Tuesday.

The meeting was part of his two-day visit to the country to promote the 'Advantage Assam 2.0 - Investment and Infrastructure Summit 2025,' scheduled for February 25-26 in Guwahati.

In a social media post on X, he stated "Began my day in Singapore by engaging in a productive discussion with leaders from the semiconductor industry. Semiconductor is an important facet of India-Singapore cooperation and I have invited them to partner with us at Assam's upcoming #ElectronicCity in Jagiroad".

During his visit, Sarma emphasized Assam's potential as a hub for electronics and semiconductor manufacturing. He invited key players in the sector to collaborate in the development of Assam's upcoming Electronic City in Jagiroad, which aims to boost the state's presence in the technology and manufacturing sector.

As part of his engagements, the Chief Minister also met Singapore President Tharman Shanmugaratnam. Their discussions focused on ongoing collaborative projects between Assam and Singapore, as well as ways to strengthen ties in emerging sectors such as semiconductors, green energy, and advanced technology.

Sarma recalled Singapore's past engagement with Assam, mentioning the President's visit to the state in 2022.Sarma also reviewed the progress of Surbana Jurong's projects in Assam. The company, known for its expertise in urban planning, is involved in developing Assam's cities and industrial parks.

The discussions with Low Cher Ek and his team revolved around leveraging Singapore's experience in town planning and infrastructure development to improve Assam's urban landscape and industrial growth.

- ANI

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