(Advantage Assam 2.0 Logo, taken from Assam Govt’s official website.)
Assam is gearing up to host Advantage Assam 2.0, a large investment and infrastructure summit focused on green energy investments. Chief Minister Himanta Biswa Sarma talked about the emerging opportunities in Assam in renewable energy through floating solar, bio-CNG, green hydrogen, and ATJ fuel. In the state, Assam has set the target at 3,000 MW of renewable energy by 2030, and the state will be positioned as a leader in sustainable development.
The prime minister, Narendra Modi, is scheduled to be the chief guest at the summit on February 25.
Push for Green Energy & Investment-Friendly Policies in Assam
Speaking about the summit, he said Assam is ready to usher in the sustainable future because of investor-friendly policies. This government is focusing on building an ecosystem where big investments can take place alongside start-ups, which are fostering innovations and job-creating units in Assam.
A few weeks ago, the state government approved the Assam Startup and Innovation Policy. It is a mix of fiscal and non-fiscal incentives to boost the confidence of investors. It aims at supporting 5,000 startups and one lakh jobs in the coming five years.
Summit Details & Key Highlights
Advantage Assam 2.0: Investment & Infrastructure Summit The upcoming event scheduled for February 25-26, 2025, in Guwahati is a convening place for India’s leading industrialists, investors and policymakers from all over. It will focus on investment in green energy, infrastructure, and manufacturing that will make Assam the hub for sustainable development and economic growth. The event will be graced with the attendance of Prime Minister Narendra Modi as chief guest on February 25, making the summit even more significant at the national level.
Assam Chief Minister Himanta Biswa Sarma has been busy reaching out to top industrialists ahead of the event, trying to woo investments. He met JSW Group Chairman Sajjan Jindal during his recent visit to Mumbai, where he spoke about the potential partnership in infrastructure and energy and how the government is investor-friendly. He also had discussions with Welspun World Chairman BK Goenka for investment opportunities in textiles, energy, water treatment, and infrastructure; he also assured him of Assam’s eagerness to create an enabling business environment. The Chief Minister also met Essar Group Vice Chairman Ravi Ruia to discuss his interest in cooperation in the area of electric truck manufacturing and renewable energy projects and issued a formal invitation for his participation in the summit.
As the state government remains engaged in turning business proposals into action investments, Advantage Assam 2.0 is sure to be one of the big plays in deciding the future course of Assam as an industrial and green energy hub. This is expected through strategic partnerships and policy incentives for unlocking new growth opportunities, as well as through its positioning as a key player in India’s ever-changing economic landscape.
Source: ANI and official website (https://advantageassam.assam.gov.in/)
