Mukesh Ambani to invest Rs 50000 crore, Gautam Adani to spend Rs 50,000 crore in…., the state is…
GH News February 25, 2025 08:06 PM
Advantage Assam 2025: In a major good news for the business and growth in Assam billionaire Indian industrialists Gautam Adani and Mukesh Ambani have pledged to invest Rs 50000 crore each for the northeastern state. Notably the two billionaires pledged the announcement during the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati. Here are all the details regarding the announcement. Reliance to invest Rs 50000 cr in Assam over next 5 years Reliance Industries will invest Rs 50000 crore across five different verticals in Assam over the next five years its chairman Mukesh Ambani said on Tuesday. Speaking at the Advantage Assam business summit Ambani said the money will be invested to make Assam technology and AI ready. At the 2018 investment summit I announced an investment of Rs 5000 crore. Since then the investments have crossed Rs 12000 crore. This amount will quadruple and we will invest Rs 50000 crore in the next five years he said. The areas where this amount will be pumped in include green and nuclear energy the supply chain of food and non-food products and expanding the footprint of Reliances retail stores he added. Adani Group to invest Rs 50000 crore in Assam across various sectors Adani Group chief Gautam Adani on Tuesday said his conglomerate will invest Rs 50000 crore across various sectors in Assam. Addressing the inaugural function of the Advantage Assam summit here he said the group is committed to investing more in the future for the development of the state and the northeastern region. We are eager to be a part of the progress story of Assam. We will invest Rs 50000 crore in Assam he said. The investment will span across areas such as the development of airports aerocity city gas distribution network power transmission cement and road construction he said. Assam is in a position to drive growth. And this is our commitment and vision to make way for us and the state he added. PM Modi at Advantage Assam 2.0 Summit Prime Minister Narendra Modi on Tuesday said East and Northeast India are embarking on a new journey toward the future with Advantage Assam connecting the state’s incredible potential with global opportunities. History is witness to the major role played by eastern India in India’s prosperity. Today as we progress towards Viksit Bharat these regions will display their true potential the PM said while inaugurating the Advantage Assam 2.0 Investment and Infrastructure Summit here. (With inputs from agencies)
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