Apart from Mukesh Ambani’s Reliance and Gautam Adani’s Adani Group, Vedanta Group and Tata Group made several announcements at the Advantage Assam Summit held in Assam. Where Adani and Ambani announced an investment of 50-50 thousand crore rupees in Assam. On the other hand, Vedanta Group also announced an investment of 50 thousand crore rupees in the next 5 years. On the other hand, the Tata Group has also announced an investment of 25 thousand crore rupees. By the way, many more companies have announced investment in Assam. But these four business groups of the country are important in many ways. Let us also tell you what kind of announcements have been made in Assam.
Adani Group chief Gautam Adani said on Tuesday that his group would invest Rs 50,000 crore in various fields in Assam. At the inauguration ceremony of the Advantage Assam Summit, he said that the group is committed to investing more in future for the development of the state and the northeast region. He said that we are eager to be a part of the progress saga of Assam. We will invest Rs 50,000 crore in Assam. Adani said that this investment will be made in areas like airports, aerocity, city gas distribution networks, power transmission, cement and road construction. He said that Assam is in a position to speed up development. It is our commitment and approach to pave the way for ourselves and the state.
At the Advantage Assam Business Summit, Reliance Industries Chairman Mukesh Ambani said on Tuesday that his company would invest Rs 50,000 crore in five different areas in Assam in the next five years. Ambani said that this money will be invested to prepare Assam for technology and artificial merit (AI). He said that I had announced an investment of Rs 5,000 crore at the 2018 investment summit. Since then investment has crossed Rs 12,000 crore. This amount will be quadrupled and we will invest Rs 50,000 crore in the next five years. Ambani said that areas where this amount will be invested include green and nuclear energy, food and non-food products supply chains and Reliance’s retail store.
At the inauguration ceremony of the Advantage Assam Trade Summit, Anil Aggarwal, chairman of the main company Vedanta Group, the head of the Mining Sector, announced on Tuesday that the company will invest Rs 50,000 crore in the oil and gas sector of Assam and Tripura in the next three-four years. He said that the group company Cairn Oil and Gas has already invested about Rs 2,500 crore in both the northeastern regions. Aggarwal said that the company has planned to invest Rs 50,000 crore in the oil and gas sector of Assam and Tripura in the next three to four years. He said that by such investment we will produce 1,00,000 barrels and gas per day, which will make this area a major hydrocarbon center. This will also create direct and indirect employment opportunities for one lakh youth.
At the inauguration of the Advantage Assam Trade Summit, Tata Group Chairman Natarajan Chandrasekaran said on Tuesday that the company would invest around Rs 25,000 crore in a large electronic manufacturing unit in Assam over the years. He said that the company will cooperate with the state government in the green energy sector and focus on solar rooftop and renewable energy production. Explaining in detail about the work being done in various fields in the state, he said that the group currently provides employment to 55,000 people in Assam and operates 17 cancer care hospitals in partnership with the state government.
He termed the semiconductor unit of Rs 27,000 crore to be established in Jagirod as the most important investment in the state so far. Chandrasekaran said that by furthering the group’s commitment to the state, it will soon invest in another major electronic manufacturing unit. It will have the same investment as the semiconductor unit and it will create 30,000 jobs.
