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Key Points

The Assam government is relocating the historic Fancy Bazar wholesale market to North Guwahati to ease traffic congestion. A new bridge and Singapore-designed logistics park will streamline operations. Business owners have welcomed the move, while Vedanta reaffirmed its investment commitments in Assam. The project aims to modernize trade infrastructure while preserving the market's economic significance.

Key Points: Assam Plans Fancy Bazar Relocation to North Guwahati for Traffic Relief

  • New bridge over Brahmaputra to cut travel time to 10 minutes
  • Singapore firm designing modern logistics hub
  • Business community supports relocation plan
  • Vedanta pledges Assam investments in hydrocarbon sector
3 min read

Assam government plans to relocate century-old market to tackle traffic chaos

Assam government to shift century-old Fancy Bazar wholesale market to North Guwahati with a new bridge, logistics park, and Singapore-designed infrastructure.

"To tackle the traffic chaos in Fancy Bazar, we are developing a wholesale market and logistic park in North Guwahati. – Jayanta Mallabaruah"

Guwahati, May 24

To tackle traffic chaos in Guwahati, the Assam government has planned to relocate the historic century-old Fancy Bazar wholesale market to North Guwahati.

A new wholesale market and logistic park will be developed in North Guwahati.

Assam Housing Urban & Affairs Minister Jayanta Mallabaruah told ANI that, the state government has planned to relocate the Guwahati wholesale market to North Guwahati.

"The constitution work of a new bridge over the river Brahmaputra connecting Guwahati to North Guwahati is going on. After completion of this bridge the distance between Fancy Bazar and North Guwahati will be reduced to 10 minutes. To tackle the traffic chaos and other problems in Fancy Bazar area, we are planning to develop a wholesale market and logistic park in North Guwahati. A company of Singapore has worked for the architecture of the new wholesale market and logistic park. There will be National Highway, dedicated railway line, warehouse, godown. I spoke with the business community of Fancy Bazar and they appreciate this initiative," Mallabaruah said.

The Assam Minister further added that, the construction works of the new bridge will be completed by December this year.

"After completion of the bridge, we will do the work of the new wholesale market and logistic park in full swing. It will take time to complete the project," Mallabaruah said.

Fancy Bazar in Guwahati is a significant shopping, business hub, wholesale market in the North East India. The century-old Fancy Bazar has a rich history and it is known as a key trading area in Guwahati.

Meanwhile, Assam Chief Minister Himanta Biswa Sarma met top industrialists in Delhi and asked them to fulfill their commitments made during Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati, an official statement said on Saturday.

The Chief Minister met the Chairman of Vedanta Group, Anil Agarwal at his official residence on Friday evening and asked him to operationalise the group's investment commitment made during Advantage Assam Summit held in February this year.

Vedanta Chairman, Agarwal said the group is wholly committed to Assam's growth journey and is keen to expand its footprint in the state's hydrocarbon sector.Later, taking to X (formerly Twitter), the Chief Minister wrote, "Today in New Delhi, I met the very enterprising Chairman of @Vedanta_Group, Shri @AnilAgarwal_Ved Ji.We spoke on operationalising the group's investment commitment made during #AdvantageAssam2. Vedanta is keen to expand its footprint in the state's hydrocarbon sector."

Later, the Chief Minister met Managing Director of ITC Hotels, Anil Chadha at his official residence and discussed the potential of investment in the hospitality sector.

Chadha told the Chief Minister that his group is very keen in exploring opportunities in the hospitality sector in Assam.

The Advantage Assam 2.0 has secured investment commitments worth Rs. 5.18 lakh crore over the next five years.

- ANI

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Reader Comments

R
Rajesh K.
Finally some action on Guwahati's traffic nightmare! Fancy Bazar has become impossible during peak hours. The new bridge and market relocation seem like a practical solution. Hope they maintain the heritage value of the old market though - it's part of our city's soul. 🤞
P
Priyanka M.
As someone who shops at Fancy Bazar weekly, I'm worried about small traders. Will they afford the new spaces? The government must ensure reasonable rents and proper transition support. The Singapore company's involvement gives me hope for modern facilities though!
A
Arjun B.
Good initiative but December deadline seems ambitious! Our bridges always get delayed. Also, what about the thousands who work there daily? The new location should have proper public transport connectivity, not just highways.
M
Monali D.
My grandfather used to tell stories about Fancy Bazar from British times. While change is needed, hope they preserve some heritage elements - maybe turn part of old market into pedestrian-only cultural space? The new logistic park sounds impressive with railway connectivity!
S
Sanjay T.
₹5.18 lakh crore investments! Assam is finally getting the attention it deserves. The wholesale market relocation is just one piece - the hydrocarbon and hospitality sector growth will create so many jobs. Kudos to CM Sarma for pushing development! 🇮🇳
N
Neha R.
Concerned about environmental impact of this massive development. North Guwahati still has green spaces - hope they conduct proper EIA. Also, what happens to the old market area? Just more concrete buildings? Need balanced urban planning!

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