Press Release

176 MoUs signed on the first day of the summit worth more than Rs. 65000 crores

176 MoUs signed on the first day of the summit worth more than Rs. 65000 crores

176 MoUs signed on the first day of the summit worth more than Rs. 65000 crores


Dispur, Feb 3: Advantage Assam: Global Investors' Summit got off to a rollicking start today with signing of 176 MoUs worth more than Rs. 65,000 crore. Chief Minister Sarbananda Sonowal was present on the occasion along with his cabinet colleagues on a day when industry bigwigs visited the event to make the day fruitful for the state's economy.

Some major MoUs that were signed today included key players of the industrial sector of the country and the world. Out of these, Oil India will be investing Rs. 10,000 crore, Indo-UK Institute of Health will be investing Rs 2,700 crore, Century Ply has shared plans of investing 2,100 crore, Spicejet outlined plans of Rs 1,250 crores worth of investment for Assam through seaplanes boosting the tourism sector besides connecting Lakhimpur and Jorhat under the Udaan Scheme. Infinity Group will be investing Rs. 1,000 crore in an IT Park and Real Estate in Guwahati. Medanta Group shared its proposal of Rs. 500 crore investment in the Healthcare sector. Essel Infra group will be investing in Road Infra, Power and Water Resources. Dalmia Bharat Cement announced an investment attuned to Rs. 1,100 crore. Tourism sector which is one of the key focus areas of the Govt. of Assam saw an investment proposal in concurrence of around Rs. 736 crore. Infrastructure sector a prime determinant of progress which saw a total investment proposal worth Rs. 2,347 crore. An MoU was also signed between Tata Trusts and Govt of Assam for setting up a cancer hospital grid in the state.

Chief Minister Sonowal urged the investors to take advantage of the state government's industry-friendly policies and make full use of the state's abundant resources. Initiatives like State Capital Region, setting up of the industrial corridor, twin-tower World Trade Centre etc would go a long way in bringing the industrial growth of the state, he added. He further thanked the investors for signing MoUs with the state government and for coming forward to become partners in the state's journey towards economic resurgence.