In 2024, Assam achieved USD $4 billion in private investments, marking its highest-ever inflow and reinforcing the state’s appeal to domestic and international investors
GUWAHATI: Assam Chief Minister Himanta Biswa Sarma on Thursday, January 23, unveiled the state’s roadmap to achieve a Gross State Domestic Product (GSDP) of USD $143 billion by 2030. He said this while addressing over 80 business leaders at the roadshow in Osaka, Japan, held ahead of the upcoming Advantage Assam 2.0 Summit, on February 25-26.
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“During my interaction with over 80 business leaders,” Sarma posted a video of the same on X, “I conveyed our target to take Assam’s GSDP to USD $143 billion by 2030.”
In 2024, Assam achieved USD $4 billion in private investments, marking its highest-ever inflow and reinforcing the state’s appeal to domestic and international investors. The chief minister attributed this milestone to policy reforms and initiatives aimed at enhancing the ease of doing business.
A key pillar of Assam’s ongoing economic vision is the USD $12 billion infrastructure investment plan, which includes the development of transport networks, industrial corridors, energy projects, and urban infrastructure.
Additionally, the government’s strategic focus on connectivity and industrial growth has been complemented by Assam’s natural resources, skilled workforce, and strategic location in India’s northeast. These factors, Sarma noted in the event, positions the state as an attractive destination for investors looking to tap into its untapped economic potential.
Policy reforms have also been implemented to create an investor-friendly climate, with a focus on cutting red tape and ensuring seamless business operations.
