Assam News

Advantage Assam 2.0 Summit: Adani Group To Invest Rs. 50,000 Crore In State

Gautam Adani has announced that the proposed investments will span across diverse sectors such as airports, aero-cities, city gas distribution, transmissions, cement and road infrastructure projects.

Sentinel Digital Desk

GUWAHATI: Billionaire industrialist Gautam Adani, the chairman of the Adani Group, has pledged to invest Rs. 50,000 crore in Assam over the next few years. The proposed investments will span across diverse sectors such as airports, aero-cities, city gas distribution, transmissions, cement and road infrastructure projects.

"Assam is on a path to greatness and at the Adani group, we are honoured to walk this path alongside you," Adani said while addressing the gathering at Advantage Assam 2.0 Summit underway in Guwahati.

He reitarated his unwavering commitment to support Assam in its developmental path and shared his vision for the state's progress.

In a similar development, Reliance Industries Limited (RIL) Chairman Mukesh Ambani has announced an investment of over Rs 50,000 crore in Assam over the next five years, focusing on five key sectors.

Ambani emphasized Assam’s potential as a growing technological hub, stating, “In the coming years, Assam will be known as a Technological Paradise. AI will not only be artificial intelligence but also Assam intelligence.”

As part of its expansion plans, Reliance will establish an AI-ready data centre in Assam, further boosting the state’s digital infrastructure. The company also plans to set up two biogas-gas units and a mega food park to enhance agricultural output. Additionally, Reliance will double its retail presence in Assam by increasing its number of stores from 400 to 800 in the next five years.