GUWAHATI: The Sribhumi district administration on Tuesday, February 25, signed Memorandums of Understanding (MoUs) worth over ₹121 crore with private investors as part of the ongoing Advantage Assam 2.0 investment summit.
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Altogether 32 MoUs were formalised, set to be processed through a single-window system to streamline approvals and promote ease of doing business.
The agreements cover a wide range of sectors, including aerated drinks and snacks, tiles manufacturing, food and beverages, mineral exports, and wooden furniture production.
Addressing the gathering, District Commissioner Pradeep Kumar Dwivedi welcomed the investors and assured them of full administrative support under the state’s industrial policy. He encouraged entrepreneurs to seize this opportunity and contribute to the region’s industrial transformation.
Dwivedi further stated that improvements in power infrastructure had been addressed, with additional substations set to be established soon. The administration also plans to hold regular bipartite meetings with financial institutions to resolve banking-related challenges for businesses.
The summit, held in Guwahati, was live-streamed at the event in Sribhumi, allowing attendees to witness addresses by Prime Minister Narendra Modi and Chief Minister Himanta Biswa Sarma. Industry leaders, including Mukesh Ambani (Reliance Industries), Gautam Adani (Adani Group), N. Chandrasekaran (Tata Sons), Abhijit Baruah (Premier Cryogenics Ltd.), and S.R. Deka (SRD Group), among others also shared insights on investment opportunities. The summit is set to conclude tomorrow.
