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Assam Emerges as a Global Investment Hub, Says Minister Ashok Singhal

Singhal also conveyed confidence that as the business ecosystem in Assam strengthens, the state’s economic growth will accelerate.

TIS Desk | Guwahati |

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Assam is rapidly becoming a key investment destination, attracting both domestic and international interest, according to Assam Cabinet Minister Ashok Singhal. Speaking at Advantage Assam 2.0, Singhal highlighted that the state is no longer just a regional growth centre but a focal point for global investment.

“Assam is a favoured destination for investment. Not only Indian investors but foreign investors are also interested. That means Assam is a focal point for global investment too,” Singhal told ANI, emphasizing the growing recognition of the state’s economic potential.

The minister expressed optimism about Assam’s future, noting that as investors begin to see the state as a growth engine, the investment momentum will continue to rise. “Once people believe that Assam is the future growth engine, everybody wants to be part of it. So, people will come,” he added.

Singhal also conveyed confidence that as the business ecosystem in Assam strengthens, the state’s economic growth will accelerate. “When the ecosystem is in place, things will start happening, and it will go into autopilot mode. We are at the takeoff stage. Sky’s the limit,” he said.

The final day of the Advantage Assam 2.0 summit is set to feature significant discussions with Union Ministers, including Hardeep Singh Puri, Piyush Goyal, Sarbananda Sonowal, and Pabitra Margherita, focusing on Assam’s economic roadmap and sectoral opportunities.

The summit has already achieved major success, with Chief Minister Dr. Himanta Biswa Sarma announcing the signing of 164 Memorandums of Understanding (MoUs) on the first day. These agreements, spanning 15 sectors, are set to bring in investment proposals worth over Rs 1.89 lakh crore, marking a significant step toward the vision of a “Viksit Assam.”

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