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Seven countries—Australia, Bhutan, Germany, Japan, Malaysia, Singapore, and Thailand—are participating in this two-day Advantage Assam 2.0 summit in Khanapara, Guwahati. This conference started with the Himanta cabinet approving an investment of Rs 1.22 lakh crore
PM Narendra Modi addresses the Advantage Assam Summit in Guwahati on February 25. (Image: X/narendramodi)
Prime Minister Narendra Modi inaugurated the two-day Advantage Assam 2.0 Investment and Infrastructure Summit 2025 at Khanapara in Guwahati on Tuesday. On the occasion, the PM said that since the Bharatiya Janata Party government has come to power in Assam, the state’s economy has doubled to Rs 6 lakh crore. “This is the effect of double engine government and double engine speed,” he said.
PM Modi further said that it is the beginning of a new era in the sacred land of the Northeast. “This Advantage Assam 2.0 is a great campaign to connect the whole world with the possibilities and progress of Assam. History is witness that even earlier eastern India had a huge role in the prosperity of India. Today, when our country is moving towards development, once again our Northeast is going to show its potential,” he stated.
Attended the Advantage Assam Summit. Over the last decade, Assam has witnessed significant development, which has made the state an attractive investment destination. This Summit will go a long way in highlighting the growth opportunities in the state across various sectors. pic.twitter.com/sjjYDcs4dA— Narendra Modi (@narendramodi) February 25, 2025
The Prime Minister said that now India is strengthening its local supply chain. “Today, India is entering into free trade agreements with different regions of the world. Our connectivity with East Asia is continuously getting stronger, and the newly built India-Middle East-Europe Economic Corridor is also bringing many new possibilities,” he added. “
PM Modi also said that even amid the prevailing global uncertainty, many experts of the world are sure about one thing, and that is India’s rapid development. “There is a very solid reason for this trust in India. Today’s India is taking one step after another, working on a large scale, keeping in mind the long-term vision of the 21st century for the coming 25 years. Today the world has faith in India’s young population, which is getting skilled very fast. Today the world has faith in India’s new middle class, which is coming out of poverty and moving forward with new aspirations. Today the world has faith in India’s 140 crore people who support political stability and policy continuity. Today the world has faith in India’s governance, which is constantly improving.”
He said that today Assam’s contribution is increasing rapidly. “The first edition of Advantage Assam was launched in 2018. Then the economy of Assam was around Rs 2.75 lakh crore, which has now become Rs 6 lakh crore. This means that the economy of Assam has doubled in 6 years under the rule of the BJP government. This shows the double effect of the double-engine government. Assam got an average of Rs 2,100 crore for the railway budget between 2009 and 2014. But when our government came in 2014, we increased Assam’s railway budget four times and increased it from Rs 2,100 crore to Rs 10,000 crore,” said the Prime Minister.
Addressing the investors, PM Modi further said that the government is also making a huge investment in the infrastructure of the country. “Institutional reforms, industry, infrastructure, and innovation are the basis of India’s progress. Therefore, investors are also seeing the potential in the country and the possibilities of their and the country’s progress. We are seeing the world changing. In this progress, Assam is also moving ahead at the speed of a double engine,” he stated.
The PM said that India has started working on mission mode to advance its manufacturing sector. “We are promoting low-cost manufacturing under Make in India,” he pointed out. He said that Assam has set a target of achieving a GSDP of US $143 billion by 2030. “I am confident of achieving this target. I have faith in the capabilities of the people and the commitment of the state government,” the PM stated.
He said that Assam is emerging as a major gateway between Southeast Asia and India. To enhance this potential, the government has launched the Northeast Industrialisation Transformation Scheme, Unnati. The Prime Minister said that an example of the state’s capabilities is Assam tea. “This brand has completed 200 years. This heritage inspires Assam to achieve excellence in other areas as well,” he said. PM Modi said that four bridges have been built in the last 10 years, out of which one has been named after Bharat Ratna Bhupen Hazarika.
Praising the Himanta Biswa Sarma government, Prime Minister Modi said that there has been unprecedented improvement in law and order. “Many peace agreements have been made in the last decade. Today in every region of Assam, every citizen is working hard day and night for its development,” he said.
Reliance Industries Chairman Mukesh Ambani also addressed the Advanced Assam 2.0 Summit. Ambani said that AI will be known as “Assam Intelligence”. Ambani proposed to invest more than Rs 50,000 crore in the state in the next five years. This investment will strengthen the state’s infrastructure and increase employment opportunities. On this occasion, Ambani said that the priority is to equip Assam with technology and artificial intelligence. “Jio has made Assam 2G free and 5G enabled. Here PM Modi has created emotional connectivity along with the connectivity of development,” he said. Referring to his meeting with Assam CM Himanta in Mumbai, Ambani said that the chief minister told him that “Mukesh Bhai, Assam will soon grow in double digits and will also double in size, and I will not stop until Assam becomes a mega economic power hub.”
Seven countries—Australia, Bhutan, Germany, Japan, Malaysia, Singapore, and Thailand—are participating in this two-day Advantage Assam 2.0 summit in Khanapara, Guwahati. This conference started with the Himanta cabinet approving an investment of Rs 1.22 lakh crore.