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At the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, five of India’s biggest business leaders unveiled multi-billion-dollar investments in key sectors, including semiconductors, clean energy, AI, and infrastructure. These investments are expected to transform Assam into a major industrial and technological hub in the Northeast.
Tata Group's mega plans for chips and mobile manufacturing
Tata Sons Chairman Natarajan Chandrasekaran, while underlining Assam’s rise in the technology sector—particularly with the ATMP (Assembly, Testing, Marking, and Packaging) facility for semiconductor manufacturing being developed by Tata Electronics at Jagiroad—commended the favourable industrial ecosystem in the state. Chandrasekaran assured investments in sectors such as green energy and mobile manufacturing chips in Assam over the next five years.
Announcing plans for a large electronics manufacturing unit in Assam, Chandrasekaran said 2024 marks a defining moment for both Assam and the Tata Group, adding that the company’s semiconductor arm, Tata Electronics, has put the state on the global semiconductor map. The group's first assembly plant, worth ₹27,000 crore in Assam, is a major step towards making India self-sufficient in semiconductor manufacturing. "The group will invest in another large electronics manufacturing unit soon," he said.
Tata Power has inked an MoU with Assam to support up to 5,000 MW of renewable and clean energy projects with a ₹30,000 crore investment over the next five years.
Reliance Industries Chairman Mukesh Ambani announced a ₹50,000 crore investment in Assam over the next five years, marking one of the company’s largest commitments in the state. He outlined Reliance’s vision for Assam, focusing on artificial intelligence, clean energy, food and consumer goods, retail expansion, and luxury hospitality. He said Reliance would establish an AI-ready data centre in Assam to boost digital connectivity and support AI-assisted education, healthcare, and agriculture. The company also plans to build two world-class Compressed Biogas (CBG) hubs on wastelands in Assam and is exploring opportunities in nuclear energy under the government’s new policy.
Reliance will also set up a Mega Food Park and focus on retail expansion, with plans to double the number of Reliance Retail stores to 800 in the next five years, he said. Ambani also announced plans for a seven-star Oberoi hotel in Assam. These investments, he said, will create tens of thousands of jobs and solidify Assam’s role as a rising industrial and technological hub.
Adani Group Chairman Gautam Adani committed a ₹50,000 crore investment in Assam over the next five years in clean energy and infrastructure, including road projects. "It all began in 2003 with Resurgent Gujarat. Your (PM Modi's) vision evolved into the iconic Vibrant Gujarat Global Summit. What started as a spark has now ignited a national movement, inspiring every state to embrace investment-driven economic transformations," said Adani.
He added that over the past two decades, these investor summits have exceeded their original ambitions. "They have become catalysts for transformative change, attracting billions of dollars in investments and foundationally driving your vision of a Viksit Bharat."
Vedanta Group Chairman Anil Agarwal assured an investment of ₹50,000 crore in the oil and gas sector in Assam and Tripura over the next three to four years. He stated that Cairn Oil & Gas has already invested around ₹2,500 crore in these two states. "Assam has abundant natural resources and the potential to become the world's mega basin. We are poised to play a pivotal role in Assam's sustainable growth and development," he said.
Agarwal added that Vedanta will produce 1,00,000 barrels of oil and gas per day, making the Northeast region a dominant hydrocarbon hub. The group aims to create one lakh direct and indirect jobs for youth.
JSW Group Chairman Sajjan Jindal announced investments in key areas such as cement production, renewables, and thermal power in Assam. Jindal said Assam is on its way to a brighter future, and the conglomerate is excited to be part of the state’s journey.
Highlighting Assam’s fast-paced growth and rising trade opportunities, Jindal announced upcoming investments through JSW Cement for eco-friendly building materials and JSW Energy to boost power supply with renewable and thermal solutions. "We will invest in the largest thermal power plant here, which will help meet power requirements for fast-paced development," he noted.
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