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Assam CM Seeks Fulfilment of ₹5.18 Lakh Crore Investment Commitments from Top Industrialists

Sarma Meets Vedanta's Agarwal and ITC's Chadha in Delhi to Operationalize Advantage Assam 2.0 Pledges

Assam Front by Assam Front
May 24, 2025
in Assam, National
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Assam Chief Minister Himanta Biswa Sarma is actively pursuing the implementation of massive investment commitments secured during the Advantage Assam 2.0 summit, meeting with top industrialists in New Delhi to transform pledges into on-ground reality.

During his visit to the national capital on Friday, CM Sarma held crucial meetings with Vedanta Group Chairman Anil Agarwal and ITC Hotels Managing Director Anil Chadha, seeking concrete steps toward operationalizing their investment commitments made at the February summit in Guwahati.

In his meeting with Agarwal, the Chief Minister emphasized the need to activate Vedanta Group’s investment pledges, particularly in Assam’s hydrocarbon sector. According to an official release, Agarwal assured the CM that “the group is wholly committed to Assam’s growth journey and is keen to expand its footprint in the state’s hydrocarbon sector.”

“Today in New Delhi, I met the very enterprising Chairman of Vedanta Group Shri Anil Agarwal Ji. We spoke on operationalising the group’s investment commitment made during Advantage Assam 2.0 .Vedanta is keen to expand its footprint in the state’s hydrocarbon sector,” Sarma posted on social media platform X.

The Chief Minister also engaged with ITC Hotels MD Anil Chadha to explore potential investments in Assam’s hospitality sector. Chadha expressed his group’s keen interest in exploring opportunities for expansion in the state, recognizing the growing tourism potential and infrastructure development in Assam.

“Shri Anil Chadha, MD, ITC Hotels called upon CM Himanta Biswa Sarma in New Delhi today. They discussed the potential of investments in Assam’s hospitality sector as Chadha expressed keen interest in exploring opportunities for expansion in the state,” the CM’s office announced on X.

The Advantage Assam 2.0 investment summit held in February had secured unprecedented investment commitments worth ₹5.18 lakh crore over the next five years, making it one of the most successful state-level investment summits in recent Indian history.

The Chief Minister, who is personally monitoring these investment commitments, is scheduled to hold one-on-one meetings with industry leaders in the national capital on May 26, demonstrating the government’s proactive approach to investment realization.

“The Hon’ble Chief Minister has started individual discussions with the companies about how to go about realising the investment on the ground, what kind of incentives they might need, the land they would need. We will prepare the preparatory roadmap over the next six months,” a senior official privy to the development revealed.

Government officials are optimistic about the potential transformation these investments could bring to Assam’s economic landscape. “If even a significant portion of the pledged investments materialises, Assam could emerge as a leading industrial hub in the Northeast and beyond,” the official stated.

The focus has now shifted decisively toward implementation and execution, with the state government committed to ensuring that these investments translate into tangible benefits including job creation, infrastructure development, and long-term economic growth for Assam.

To achieve this ambitious goal, the Assam government plans to conduct a comprehensive analysis of investment proposals during the current financial year and develop a detailed roadmap within the next six months. This strategic approach aims to address potential bottlenecks before they become obstacles to investment realization.

“The roadmap will focus on addressing key challenges such as land allocation, ease of doing business, and incentive structures to ensure that projects move from paper to reality,” the official added, highlighting the government’s systematic approach to investment facilitation.

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Assam front is a online news publication providing the latest breaking news and in-depth coverage of events primarily in Assam and other northeastern states of India.

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