GUWAHATI, Feb 3 - The largest and first ever investment promotion and facilitation initiative by the Assam government, �Advantage Assam � Global Investors� Summit, 2018� saw the signing of 176 MoUs with 160 companies worth over Rs 65,000 crore on day one.
The first day of the summit witnessed luminaries of Indian business fraternity descending on the most talked about investment summit in the largest economy of northeastern India. Buoyed by positive intent from the Government of Assam, the State today showcased to the world how it is rapidly taking strides towards employment generation and inclusive growth through a balanced pattern of industrial investment.
While Oil India Limited will be investing Rs 10,000 crore, Indo-UK Institute of Health will be investing Rs 2,700 crore. Century Ply has shared plans of investing Rs 2,100 crore. SpiceJet outlined plans of Rs 1,250 crore worth of investment for Assam through sea planes boosting the tourism sector, besides connecting Lakhimpur and Jorhat under the UDAN scheme.
Infinity Group will be investing Rs 1,000 crore in an IT park and real estate in Guwahati. The Medanta Group shared their proposal of Rs 500-crore investment in the healthcare sector. Essel Infra group will be investing in road infra, power and water resource. Dalmia Bharat Cement announced an investment attuned to Rs 1,100 crore.
The tourism sector, which is one of the key focus areas of the Government of Assam, saw an investment proposal in concurrence of around Rs 736 crore. Infrastructure sector, a prime determinant of progress, saw a total investment proposal worth Rs 2,347 crore.
The summit will be witnessing primary focus on sectors such as agriculture and food processing, handloom, textile and handicraft, tourism, hospitality and wellness, plastics and petrochemicals, power, pharmaceutical and medical devices, heavy industries, inland water transport, port township and river front development and IT & ITeS.
