Assam gets Rs 65,186 crore investment commitments on Day 1
A Stat representation by SilcharLive

On The first day of  mega investor exposition for Assam named as “Advantage Assam” witnessed a sign of 176 MoUs with 160 companies amounting to Rs 64,386 crore.

A Brief Overview of Investment by the different Company in Assam

Name of the Company
Amount will be invested(Crore)
Oil India Limited
Numaligarh Refinery Limited (NRL)
Indo-UK Institute of Health
Reliance Group of Industries
Century Plywood  
Infinity Group
McLeod Russel                                            700

ONGC will invest Rs 13,000 Crore and Oil India Limited will be investing Rs 10,000 crore, IOCL has committed investment worth Rs 3432 Crore and Numaligarh Refinery Limited (NRL) will pump in Rs 3410 Crore.

The Indo-UK Institute of Health will be investing close to Rs 2,700 crore, Century Plywood has shared plans of investing 2,100 crore.

The Chairman of Reliance Group of Industries Mukesh Ambani announced that Reliance Group of Industries  will be investing close to Rs 2500 Crore in next three years in different sector like petrol telecommunication, tourism, sport etc.

Mukesh Ambani said, “There will be five fold increase in sustainable livelihood from presently 20,000. We will work to create a research centre in one of the universities for protection of wild life and come up with a football academy.”

He also said, “The spirit of Vibrant Gujarat has travelled from Sabarmati to river Brahmaputra”.

The  Vice-Chairman and MD of  McLeod Russel Aditya Khaitan said they will investing Rs 700 Crore in Assam, out of this around Rs 200 Crore in the Eveready Industries.

Spicejet announced its plans of investing Rs 1,250 crore worth and expressed willingness to run sea planes, Infinity Group will be investing Rs 1,000 crore in an IT Park and Real Estate in Guwahati.

What happen to Assam after all of this Investment?

It is Simple and excellent question. This Investment will create Lacks of Job in the Assam that’s why Advantage Assam is the true revolution in Assam in terms of Industrialization.

Source-Economics Times

  1. Unknown 12 months ago

    Sir, I need a job & it is a great full achieve ment in Assam.

  2. Silchar Live 12 months ago

    Yes ! BPO centers will be soon open in Assam which will create new opportunities for the local youth. This is just a beginning of a new IT revolution.

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